Stoy, IL is a small town located in central Illinois. It has a population of just over 2000 and has an idyllic atmosphere that attracts those who want to get away from the hustle and bustle of city life. Rent for a two bedroom apartment in Stoy is quite affordable at only $700 per month, making it attractive to families looking for affordable homes. The grocery cost index in Stoy is also favorable compared to the US average at 93 versus 100. Local companies in Stoy include B&H Farms, Abney Grain Farm, and Heffren's Tire Center. When looking for a rural escape or an affordable place to call home, Stoy is definitely worth considering when comparing with other towns in the area such as Springfield or Carbondale.
Stoy has an unemployment rate of 5.6%. The US average is 6.0%.
Stoy has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 5.3%, which is lower than the US average of 33.5%.
Tax Rates for Stoy
- The Sales Tax Rate for Stoy is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Stoy 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 Stoy
- The average income of a Stoy resident is $27,118 a year. The US average is $28,555 a year.
- The Median household income of a Stoy resident is $76,250 a year. The US average is $69,021 a year.