Shipman town, IL is a small town situated in the Midwest United States. It is known for its friendly atmosphere and low cost of living. The average two-bedroom rent in Shipman town is $810, which is significantly lower than the US rate of $1,430. The Grocery Cost Index (GCI) in Shipman Town is 92 versus 100 nationally. This means residents can purchase food items at a lower price than most other areas in the country. \nThe town also boasts several local businesses such as Jones Plumbing Company, Smith Accounting Services, and Brown Law Practice making it easy for residents to access goods and services in their own community. In addition to its affordability and convenience, Shipman Town offers excellent recreational activities such as fishing and skiing on nearby lakes and mountains respectively. All these factors make Shipman Town a great place to live or visit.
Shipman has an unemployment rate of 5.0%. The US average is 6.0%.
Shipman has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 30.4%, which is lower than the US average of 33.5%.
Tax Rates for Shipman
- The Sales Tax Rate for Shipman is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Shipman 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 Shipman
- The average income of a Shipman resident is $21,094 a year. The US average is $28,555 a year.
- The Median household income of a Shipman resident is $52,708 a year. The US average is $69,021 a year.