Parkersburg, IL is a small town located in the heart of Illinois. It is known for its low cost of living and friendly community. The average two bedroom rent in Parkersburg is only $710 per month compared to the national average of $1,430. Similarly, the cost index for groceries is 92 versus 100 nationally. There are many local companies and businesses in Parkersburg that make it a great place to live and work. For example, there is the local drug store Anderson's Pharmacy which provides quality products at an affordable price. Another popular business is Nowak's Fine Foods which specializes in fresh meats and produce. Finally, the town also features Dewayne's Auto Repair Service, a family owned business that has been serving the community since 1979 with their reliable auto repair services. With these businesses as well as many others, Parkersburg offers residents an enjoyable lifestyle with plenty of amenities at competitive prices.
Parkersburg has an unemployment rate of 4.6%. The US average is 6.0%.
Parkersburg has seen the job market increase by 2.8% over the last year. Future job growth over the next ten years is predicted to be 33.8%, which is higher than the US average of 33.5%.
Tax Rates for Parkersburg
- The Sales Tax Rate for Parkersburg is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Parkersburg 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 Parkersburg
- The average income of a Parkersburg resident is $25,698 a year. The US average is $28,555 a year.
- The Median household income of a Parkersburg resident is $39,375 a year. The US average is $69,021 a year.