Sibley, IL is a small town located in the northern part of the state. It is known for its quiet atmosphere and friendly community. The cost of living in Sibley is quite low which makes it attractive to many families and individuals looking for an affordable place to live. 2 bedroom rent in Sibley is $800 compared to $1,430 in the US and with a grocery cost index of 90 compared to 100, there are plenty of savings to be had. Popular attractions include the Sibley Historical Society Museum which preserves local artifacts from the area's past, as well as nearby Lake Shelbyville State Park with its abundance of outdoor activities. In addition, there are several businesses located in Sibley such as the H & R Block office, Country Financial insurance agency, Main Street Café restaurant, Eckerty Aire Heating & Cooling Services and more.
Sibley has an unemployment rate of 4.8%. The US average is 6.0%.
Sibley has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 26.9%, which is lower than the US average of 33.5%.
Tax Rates for Sibley
- The Sales Tax Rate for Sibley is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Sibley 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 Sibley
- The average income of a Sibley resident is $21,865 a year. The US average is $28,555 a year.
- The Median household income of a Sibley resident is $56,667 a year. The US average is $69,021 a year.