Pontoosuc, IL is a small town located in central Illinois. It is known for its low cost of living, with 2 Bedroom Rent averaging at $700 compared to $1,430 in the United States. Additionally, the Grocery Cost Index in Pontoosuc is 92 compared to 100 in the US. This makes Pontoosuc a great place for those looking to save money while still enjoying a comfortable lifestyle. Local companies include the Pontoosuc Country Club, Town & Country Supermarket, and The Crystal Lake Event Center. All three businesses provide excellent quality products and services while operating on relatively low overhead costs which helps keep prices reasonable for customers in the area. With its affordable rent and grocery costs, Pontoosuc is an ideal destination for those looking to get more bang for their buck when it comes to cost of living expenses.
Pontoosuc has an unemployment rate of 5.3%. The US average is 6.0%.
Pontoosuc has seen the job market decrease by -6.5% over the last year. Future job growth over the next ten years is predicted to be 17.2%, which is lower than the US average of 33.5%.
Tax Rates for Pontoosuc
- The Sales Tax Rate for Pontoosuc is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Pontoosuc 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 Pontoosuc
- The average income of a Pontoosuc resident is $22,728 a year. The US average is $37,638 a year.
- The Median household income of a Pontoosuc resident is $38,438 a year. The US average is $69,021 a year.