Rochelle, IL is a great place to live and work. This town offers an array of opportunities for its residents with an abundance of local businesses, including the Rochelle Railroad Museum, Wild Hare Coffee Co., and Lighthouse Jams & Jellies. With a 2 bedroom rent that is $400 lower than the national average at only $1,030, this community is very affordable. The Grocery Cost Index in Rochelle, IL is also low at 91 compared to the US which stands at 100. All these benefits make Rochelle, IL an ideal city for anyone looking for a comfortable lifestyle without breaking their budget.
Rochelle has an unemployment rate of 6.3%. The US average is 6.0%.
Rochelle has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 21.9%, which is lower than the US average of 33.5%.
Tax Rates for Rochelle
- The Sales Tax Rate for Rochelle is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Rochelle 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 Rochelle
- The average income of a Rochelle resident is $21,748 a year. The US average is $28,555 a year.
- The Median household income of a Rochelle resident is $50,500 a year. The US average is $69,021 a year.