Mound Station, IL is an attractive suburb located in the Chicago metropolitan area. It is a great place to live due to its low rent costs and low cost of living. On average, 2 bedroom rent in Mound Station is around $890 compared to the US average of $1,430. Moreover, the Grocery Cost Index in Mound Station is 97 versus 100 in the US. The community offers plenty of local businesses and attractions for both residents and visitors alike. Notable local companies include H&R Block, Waffle House, Subway and several banks. For those looking for entertainment or recreation options, there are numerous parks and trails nearby that offer a variety of activities such as hiking, biking and fishing. There are multiple museums as well as shopping centers that provide a wide range of items from clothing to home decor. Thus, it can be concluded that Mound Station is a great place to live with plenty of affordable housing and activities to choose from!
Mound Station has an unemployment rate of 2.7%. The US average is 6.0%.
Mound Station has seen the job market decrease by -2.0% over the last year. Future job growth over the next ten years is predicted to be 32.7%, which is lower than the US average of 33.5%.
Tax Rates for Mound Station
- The Sales Tax Rate for Mound Station is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Mound Station 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 Mound Station
- The average income of a Mound Station resident is $20,643 a year. The US average is $37,638 a year.
- The Median household income of a Mound Station resident is $67,000 a year. The US average is $69,021 a year.