Odin, IL is a small rural town located in Marion County. It is home to over 1,000 people and offers a peaceful and close-knit community. Local businesses include Odin Grocery Store, Odin Pharmacy, and Odin Hardware Store. The cost of living in the area is relatively low with 2 bedroom rent costing just $680 compared to the US average of $1,430. The local grocery cost index of 92 versus 100 in the US also illustrates this. Overall, Odin is an affordable and peaceful town with friendly locals and plenty of amenities for its population.
Odin has an unemployment rate of 6.2%. The US average is 6.0%.
Odin has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 25.0%, which is lower than the US average of 33.5%.
Tax Rates for Odin
- The Sales Tax Rate for Odin is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Odin 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 Odin
- The average income of a Odin resident is $18,941 a year. The US average is $28,555 a year.
- The Median household income of a Odin resident is $38,402 a year. The US average is $69,021 a year.