Roanoke, IL is a charming town in the midwest with plenty of activities to keep people occupied. The two bedroom rent in Roanoke is significantly affordable compared to the US average, making it an attractive option for those looking to settle down. Additionally, the grocery cost index in Roanoke stands at 94 compared to 100 in the US, meaning groceries are also cheaper. \nFor work opportunities, there are various companies and shops such as North Central Coop and Morey's Auto Parts that provide locals with employment opportunities. Elsewhere, the city has several tourist attractions such as Buffalo Rock State Park and Starved Rock State Park which attract visitors every year. Roanoke is a thriving community where locals enjoy an affordable and comfortable lifestyle.
Roanoke has an unemployment rate of 4.5%. The US average is 6.0%.
Roanoke has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 20.8%, which is lower than the US average of 33.5%.
Tax Rates for Roanoke
- The Sales Tax Rate for Roanoke is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Roanoke 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 Roanoke
- The average income of a Roanoke resident is $33,649 a year. The US average is $28,555 a year.
- The Median household income of a Roanoke resident is $65,114 a year. The US average is $69,021 a year.