Papineau, IL is a great place to live for those looking for a reasonable cost of living. Rent for a two-bedroom apartment in Papineau is currently $710, which is much lower than the US average of $1,430. Additionally, groceries are cheaper in Papineau than in the rest of the US with an index score of 93 versus 100 in the US on average. This helps make Papineau an attractive place to live for people who want to save money while still having amenities close by. The town hosts local businesses such as Walmart, Kroger's Grocery Store, and Papa John's Pizza. With its low cost of living and variety of businesses, it’s no wonder why many people choose to live in Papineau.
Papineau has an unemployment rate of 5.6%. The US average is 6.0%.
Papineau has seen the job market increase by 1.5% over the last year. Future job growth over the next ten years is predicted to be 27.3%, which is lower than the US average of 33.5%.
Tax Rates for Papineau
- The Sales Tax Rate for Papineau is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Papineau 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 Papineau
- The average income of a Papineau resident is $21,168 a year. The US average is $28,555 a year.
- The Median household income of a Papineau resident is $39,167 a year. The US average is $69,021 a year.