Old Shawneetown, IL is a small town located in the state of Illinois. It is situated on the banks of the Ohio River and is known for its quaint charm and historical significance. With a population of 1,472 as of 2019, Old Shawneetown has grown in popularity amongst residents both young and old. The cost of living here is quite low compared to the rest of the country; 2 bedroom rent is only $710 while the US average stands at $1,430. Similarly, groceries are cheaper too with an index score of 92 compared to 100 nationally. Several local businesses have set up shop here to serve those who live or visit Old Shawneetown, such as Frank’s Party Supplies, Winesburg Grocery Store, and Schild’s Corner Cafe. All these attractions make for an inviting destination that many find hard to resist.
Old Shawneetown has an unemployment rate of 6.4%. The US average is 6.0%.
Old Shawneetown has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 23.6%, which is lower than the US average of 33.5%.
Tax Rates for Old Shawneetown
- The Sales Tax Rate for Old Shawneetown is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Old Shawneetown 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 Old Shawneetown
- The average income of a Old Shawneetown resident is $11,610 a year. The US average is $28,555 a year.
- The Median household income of a Old Shawneetown resident is $21,042 a year. The US average is $69,021 a year.