Sumner, IL is a small rural community located in central Illinois. It is home to a variety of local businesses such as Quality Meats, Ponderosa Feed & Supply, Sumner Automotive, and Bartletts General Store. These businesses provide products and services for the local community. Additionally, due to its rural location residents enjoy access to a variety of outdoor activities such as fishing and hunting.
The cost of living in Sumner, IL is relatively low compared to other parts of the country. The average rent for a two bedroom apartment is $710 per month which is more than half of what it costs in the US on average at $1430 per month. The Grocery Cost Index is also lower than the national average with a score of 92 versus 100 in the US. This makes it possible for people to save money while still enjoying all that this small town has to offer.
Sumner has an unemployment rate of 6.4%. The US average is 6.0%.
Sumner has seen the job market decrease by -6.0% over the last year. Future job growth over the next ten years is predicted to be 21.7%, which is lower than the US average of 33.5%.
Tax Rates for Sumner
- The Sales Tax Rate for Sumner is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Sumner 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 Sumner
- The average income of a Sumner resident is $7,238 a year. The US average is $37,638 a year.
- The Median household income of a Sumner resident is $39,554 a year. The US average is $69,021 a year.