Raymond, IL is a small village located in Montgomery County. It is an affordable town with 2 bedroom rents averaging at $780 per month compared to the US average of $1,430. Cost of living indices for food is also lower than the average index in the US, making it a great option for those looking for an affordable place to live. Raymond has several local businesses such as Raymond Hardware and Ace Hardware. Residents enjoy a variety of amenities such as outdoor activities like fishing or hiking in nearby Lake Lou Yaeger or enjoying a picnic by Silver Creek Pond. There are also several restaurants, stores and entertainment options nearby making it a popular choice among those who want to live close to the city but don't want to lose out on natural beauty.
Raymond has an unemployment rate of 6.4%. The US average is 6.0%.
Raymond has seen the job market decrease by -6.6% over the last year. Future job growth over the next ten years is predicted to be 26.7%, which is lower than the US average of 33.5%.
Tax Rates for Raymond
- The Sales Tax Rate for Raymond is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Raymond 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 Raymond
- The average income of a Raymond resident is $24,857 a year. The US average is $37,638 a year.
- The Median household income of a Raymond resident is $57,969 a year. The US average is $69,021 a year.