Strasburg, IL is a small village located near the Illinois-Indiana state border with a population of approximately 200 people. It is home to several small businesses including Dixon’s Country Store, Log Cabin Restaurant & Lounge, Dement Construction Company, and Benhoff Farms. The cost of living in Strasburg is quite affordable with rent prices for 2 bedroom apartments averaging at $780, which is significantly lower than the US average of $1,430. The grocery cost index in Strasburg is also lower than the US average index rating at 93 compared to 100. In addition to its affordable rent prices and grocery costs, Strasburg has a variety of other amenities that make it an attractive place to live.
Strasburg has an unemployment rate of 4.8%. The US average is 6.0%.
Strasburg has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 30.2%, which is lower than the US average of 33.5%.
Tax Rates for Strasburg
- The Sales Tax Rate for Strasburg is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Strasburg 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 Strasburg
- The average income of a Strasburg resident is $22,800 a year. The US average is $28,555 a year.
- The Median household income of a Strasburg resident is $63,281 a year. The US average is $69,021 a year.