Redmon, IL is a small city located just off the I-90 corridor in Illinois. Despite its relatively small size, Redmon has a number of excellent amenities and businesses that make it an ideal place to live. Rent prices are much more reasonable than comparable cities, with two bedroom apartments coming in at $690 compared to the national average of $1,430. Similarly, cost of living is lower as well, with the grocery cost index in Redmon being 90 instead of 100 for the United States as a whole. Some local companies include Discount Foods Supermarket, Adams Family Pharmacy, and Redmon Motors Repair Shop. Whether you're looking for a great place to live or just someplace to visit on your next road trip, Redmon is definitely worth checking out.
Redmon has an unemployment rate of 4.5%. The US average is 6.0%.
Redmon has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 28.2%, which is lower than the US average of 33.5%.
Tax Rates for Redmon
- The Sales Tax Rate for Redmon is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Redmon 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 Redmon
- The average income of a Redmon resident is $22,214 a year. The US average is $28,555 a year.
- The Median household income of a Redmon resident is $56,667 a year. The US average is $69,021 a year.