Radom, IL Economy


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United States / Illinois / No Metro Area / Washington County / Radom / Zip Codes
Radom, IL is a town in Illinois with a population of approximately 500 people. This small town offers a wide variety of amenities such as shopping, entertainment, and dining opportunities for its residents. Rent prices in this town are fairly reasonable at $740 for a two bedroom home. On top of that, the grocery cost index for Radom is 93 versus 100 in the US according to the above information. The overall cost of living in Radom is lower than other communities nearby, making it an attractive place for those looking to save money. Some of the local companies you can find in Radom include Smith & Sons Auto Repair, The Corner Pizzeria, and Bob's Grocery Store. With its affordable rent and cost of living options plus local businesses, Radom is an ideal area to live!

Radom has an unemployment rate of 2.7%. The US average is 6.0%.

Radom has seen the job market increase by 2.1% over the last year. Future job growth over the next ten years is predicted to be 35.9%, which is higher than the US average of 33.5%.

Tax Rates for Radom
- The Sales Tax Rate for Radom is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Radom 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 Radom
- The average income of a Radom resident is $30,186 a year. The US average is $28,555 a year.
- The Median household income of a Radom resident is $58,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRadom, IllinoisUnited States
  2.76
  -7.3%-6.2%
  35.9%33.5%
  6.3%6.2%
  5.0%4.6%
  $31,882$37,638
  $58,750$69,021
  $85,625$85,028
  Population by Occupation
  6.7%1.2%
  4.0%0.5%
  9.3%6.8%
  22.7%10.0%
  5.3%2.5%
  8.0%11.0%
  2.7%4.8%
  0.0%0.8%
  6.7%1.9%
  0.0%4.7%
  1.3%1.9%
  5.3%7.6%
  0.0%0.1%
  5.3%4.2%
  2.7%9.3%
  4.0%14.0%
  1.3%2.1%
  2.7%7.0%
  9.3%4.8%
  2.7%4.7%
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