Mulberry Grove, IL is a great place to live for budget-conscious renters. The two bedroom rent in the city is $800, which is far less than the U.S. average of $1,430. Additionally, grocery costs are more affordable than the national average; Mulberry Grove's grocery cost index is 93 compared to 100 in the US. The town is home to many popular stores, such as Walmart and Dollar General, as well as locally owned businesses like Gebhardt’s Meats & Deli and Robinson’s Farm Supply. There are also parks like Lake Lincoln State Recreation Area where you can have a picnic or go for a swim on hot summer days. With its reasonable cost of living and abundance of amenities, Mulberry Grove is truly an attractive place to live.
Mulberry Grove has an unemployment rate of 4.9%. The US average is 6.0%.
Mulberry Grove has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 30.1%, which is lower than the US average of 33.5%.
Tax Rates for Mulberry Grove
- The Sales Tax Rate for Mulberry Grove is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Mulberry Grove 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 Mulberry Grove
- The average income of a Mulberry Grove resident is $15,242 a year. The US average is $28,555 a year.
- The Median household income of a Mulberry Grove resident is $44,583 a year. The US average is $69,021 a year.