Saybrook, IL is a small town located in McLean County. It is a great place to live with many local businesses, including Saybrook Grocery Store and Saybrook Auto Repair. The cost of living in Saybrook is much lower than the US average, as reflected in the 2 bedroom rent rate which is $870 versus $1430 nationally. The Grocery Cost Index for Saybrook stands at 93 compared to 100 in the US. This makes it an attractive place for those looking to stretch their budget; groceries are cheaper and rent is lower than the national average.
Saybrook has an unemployment rate of 5.0%. The US average is 6.0%.
Saybrook has seen the job market decrease by -6.8% over the last year. Future job growth over the next ten years is predicted to be 22.9%, which is lower than the US average of 33.5%.
Tax Rates for Saybrook
- The Sales Tax Rate for Saybrook is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Saybrook 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 Saybrook
- The average income of a Saybrook resident is $25,274 a year. The US average is $37,638 a year.
- The Median household income of a Saybrook resident is $52,273 a year. The US average is $69,021 a year.