Poplar Grove, IL is a great place to live. It is a small town located just north of Rockford with plenty of local amenities and attractions to explore. The cost of living is lower than the average for the US, with 2 bedroom rent costing $1400 compared to $1430 nationally. Grocery costs are also comparatively low at 93 compared to the national index of 100. The town boasts many local businesses including grocery stores, hardware stores, restaurants, banks and other merchants who benefit from the thriving economy in the area. There are also many recreational activities available such as biking trails, sports fields, parks and a public library. With its strong sense of community and low cost of living, Poplar Grove is an ideal place to move for those looking for an affordable lifestyle without sacrificing quality of life.
Poplar Grove has an unemployment rate of 7.8%. The US average is 6.0%.
Poplar Grove has seen the job market increase by 2.5% over the last year. Future job growth over the next ten years is predicted to be 24.0%, which is lower than the US average of 33.5%.
Tax Rates for Poplar Grove
- The Sales Tax Rate for Poplar Grove is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Poplar Grove 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 Poplar Grove
- The average income of a Poplar Grove resident is $24,983 a year. The US average is $28,555 a year.
- The Median household income of a Poplar Grove resident is $104,559 a year. The US average is $69,021 a year.