Seneca, IL is an ideal place to live for those looking for an affordable cost of living. Located in LaSalle County, Seneca offers two bedroom rental rates that are significantly lower than the national average at a rate of $1,060 compared to $1,430. The area also features a low Grocery Cost Index of 96 against the US average of 100.
The city provides diverse businesses including Seneca Area Business Association, Rock Valley Publishing Company, and DC Logistics - providing plenty of career opportunities for potential residents. In addition to this, there are many recreational activities throughout the town such as its vast parks and trails system like the Seneca Park District’s Veterans Memorial Park; outdoor attractions like Fairview Lake Camping & Recreation; golf courses like Seneca Golf Course; and events such as Seneca Fest every year in August.
Seneca has an unemployment rate of 7.3%. The US average is 6.0%.
Seneca has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 20.0%, which is lower than the US average of 33.5%.
Tax Rates for Seneca
- The Sales Tax Rate for Seneca is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Seneca 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 Seneca
- The average income of a Seneca resident is $26,202 a year. The US average is $28,555 a year.
- The Median household income of a Seneca resident is $85,294 a year. The US average is $69,021 a year.