Oreana, IL is a pleasant town located in Macon County. With a population of about 500 people, Oreana has a cozy small-town atmosphere. Residents of Oreana benefit from much lower costs than the national average, with $920 being the typical 2 bedroom rent as opposed to the US average of $1430. Similarly, the local grocery cost index is 93 compared to the US average of 100. This makes living in Oreana an affordable option for those seeking an escape from big city prices.
In addition to its affordability, Oreana offers plenty for locals to do and enjoy. The town is home to several local businesses such as The Cornerstone Family Restaurant and Mossberg Service Station; both popular spots for residents of the area. There are also several nearby schools such as Warrensburg-Latham Community Unit School District 11 and Meridian Senior High School that serve students from Oreana and surrounding communities. All in all, Oreana is an ideal place for those looking for an affordable small-town experience with plenty of amenities close by.
Oreana has an unemployment rate of 8.6%. The US average is 6.0%.
Oreana has seen the job market decrease by -8.2% over the last year. Future job growth over the next ten years is predicted to be 23.5%, which is lower than the US average of 33.5%.
Tax Rates for Oreana
- The Sales Tax Rate for Oreana is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Oreana 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 Oreana
- The average income of a Oreana resident is $29,249 a year. The US average is $37,638 a year.
- The Median household income of a Oreana resident is $83,214 a year. The US average is $69,021 a year.