Nokomis, IL is a small town located in Montgomery county in Central Illinois. It offers a peaceful life with its low population and excellent living amenities. Residents of Nokomis can enjoy the affordable 2 bedroom rent of $700 per month compared to the national average of $1,430 monthly rent for a two-bedroom apartment. Additionally, grocery cost index in Nokomis is 91 whereas it is 100 nationally. There are many local companies that serve the people of Nokomis including Little C’s Pizza & Sandwich Shoppe, Isenogle Reptiles, and Konerko Automotive Repair. All these businesses employ locals and help boost the economy of the town. In addition, there are numerous parks and recreational areas which provide ample opportunities for outdoor activities within close proximity of the residences. Overall, Nokomis makes an ideal place to reside with its low living costs, lush green landscapes and small-town charm.
Nokomis has an unemployment rate of 6.4%. The US average is 6.0%.
Nokomis has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 26.7%, which is lower than the US average of 33.5%.
Tax Rates for Nokomis
- The Sales Tax Rate for Nokomis is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Nokomis 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 Nokomis
- The average income of a Nokomis resident is $21,194 a year. The US average is $28,555 a year.
- The Median household income of a Nokomis resident is $55,536 a year. The US average is $69,021 a year.