Millbrook, IL is a small city located in central Illinois. It is a great place to live as it offers affordable housing with the average 2 bedroom rent at just $1,180 compared to the US average of $1,430. Additionally, Millbrook boasts a low grocery cost index of 99 which is lower than the national average of 100. The city has many local businesses such as Millbrook Hardware which has been serving the community since 1925 offering a wide selection of tools and other home items. Other businesses include Kalmes Restaurant & Catering, an iconic restaurant which has been in operation since 1906. This family owned and operated business serves traditional American cuisine and also offers custom catering services for any type of event. Lastly, there's Fisher's Barber Shop providing professional barber services since 1933 in this charming town.
Millbrook has an unemployment rate of 5.8%. The US average is 6.0%.
Millbrook has seen the job market decrease by -9.5% over the last year. Future job growth over the next ten years is predicted to be 30.3%, which is lower than the US average of 33.5%.
Tax Rates for Millbrook
- The Sales Tax Rate for Millbrook is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Millbrook is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Millbrook
- The average income of a Millbrook resident is $41,007 a year. The US average is $37,638 a year.
- The Median household income of a Millbrook resident is $98,125 a year. The US average is $69,021 a year.