Tallula, IL is a small town located in the heart of Illinois. Despite its size, Tallula still offers plenty of amenities and services to its residents. Rent for a two bedroom apartment in Tallula is much lower than the US average at just $820 per month. This is great news for prospective renters looking for an affordable place to call home. Additionally, grocery costs are also lower in Tallula compared to the national average with an index of 92 versus 100 in the US. There are many local businesses that make up the community of Tallula such as Big Sky Bookstore, the Corner Cafe and Bryant Auto Repair. The small-town atmosphere and reasonable cost of living make Tallula a desirable place to live or visit.
Tallula has an unemployment rate of 5.0%. The US average is 6.0%.
Tallula has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 25.6%, which is lower than the US average of 33.5%.
Tax Rates for Tallula
- The Sales Tax Rate for Tallula is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Tallula 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 Tallula
- The average income of a Tallula resident is $23,142 a year. The US average is $28,555 a year.
- The Median household income of a Tallula resident is $54,432 a year. The US average is $69,021 a year.