Secor, IL is a small town located in Tazewell County. The population size is under 3,000 people and growing steadily. The cost of living in Secor is lower than the national average making it an attractive destination for those looking to save money. Rent for two bedroom apartments averages $970 per month which is significantly cheaper than the US average of $1,430 per month. Grocery costs are also lower as the Grocery Cost Index in Secor stands at 95 versus 100 nationally. Local businesses include Lucky 8 Bar and Grill, Family Video, and Uptown Boutique & Bridal Shop. All in all, Secor provides an affordable lifestyle with plenty to see and do for its inhabitants.
Secor has an unemployment rate of 4.5%. The US average is 6.0%.
Secor 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 Secor
- The Sales Tax Rate for Secor is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Secor 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 Secor
- The average income of a Secor resident is $20,055 a year. The US average is $28,555 a year.
- The Median household income of a Secor resident is $56,667 a year. The US average is $69,021 a year.