Reddick, IL is an up and coming city with a cost of living that is much lower than the US average. The 2 bedroom rent for Reddick stands at $1,140, far below the US average of $1,430. This lower rent allows the people who live in Reddick to save money on living costs while still being able to enjoy the local attractions and businesses. The grocery cost index in Reddick is 93 versus 100 in the US, which further keeps expenses low. Residents of Reddick can enjoy many great local attractions such as Heritage Park and Trails, where they can explore nature trails and observe wildlife. For entertainment there are places like Colossal Fireworks and Kingpin Bowl for bowling fun. Businesses include EB Bradley Co., an equipment installation specialist; Kosek Enterprises Inc., offering construction services; and AGRU America Inc., a plastics manufacturing company.
Reddick has an unemployment rate of 7.5%. The US average is 6.0%.
Reddick has seen the job market increase by 5.1% over the last year. Future job growth over the next ten years is predicted to be 38.9%, which is higher than the US average of 33.5%.
Tax Rates for Reddick
- The Sales Tax Rate for Reddick is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Reddick 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 Reddick
- The average income of a Reddick resident is $25,270 a year. The US average is $28,555 a year.
- The Median household income of a Reddick resident is $53,750 a year. The US average is $69,021 a year.