Park City, IL is an ideal place to live. The cost of living is low with a two bedroom rental priced at $1,260 compared to the US average of $1,430. Groceries are also reasonably priced with the index at 94 versus 100 in the US. There are many local businesses in Park City, IL that offer great services such as G&M Auto Garage for excellent car maintenance and repair; Frandall’s Bakery for delicious treats; and Miller’s Home Improvement for all home remodeling needs. If you’re looking for an affordable place to live with plenty of options for entertainment and services, then Park City, IL is the perfect city for you.
Park City has an unemployment rate of 6.4%. The US average is 6.0%.
Park City has seen the job market increase by 2.4% over the last year. Future job growth over the next ten years is predicted to be 32.8%, which is lower than the US average of 33.5%.
Tax Rates for Park City
- The Sales Tax Rate for Park City is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Park City 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 Park City
- The average income of a Park City resident is $16,910 a year. The US average is $28,555 a year.
- The Median household income of a Park City resident is $54,291 a year. The US average is $69,021 a year.