Mount Vernon, IL is a small city located in Southern Illinois with a population of around 16,000 people. It is a friendly and affordable place to live, as evidenced by its two-bedroom rent being only $860 - much lower than the US average of $1,430. Additionally, local grocery costs are significantly lower than the national average index score of 100, sitting at 92. The city prides itself on providing quality services to its citizens and visitors alike. There are numerous local businesses such as B&D Super Store (a discount grocery store), Lively Floral & Gifts (a flower shop) and Don’s Plumbing & Heating Inc. (a plumbing service). There are also plenty of recreation options such as the Mount Vernon Recreation Center which features an indoor pool, basketball courts and more.
Mount Vernon has an unemployment rate of 6.5%. The US average is 6.0%.
Mount Vernon has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 31.6%, which is lower than the US average of 33.5%.
Tax Rates for Mount Vernon
- The Sales Tax Rate for Mount Vernon is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Mount Vernon 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 Mount Vernon
- The average income of a Mount Vernon resident is $21,203 a year. The US average is $28,555 a year.
- The Median household income of a Mount Vernon resident is $44,373 a year. The US average is $69,021 a year.