Tamaroa, IL is a small town located in central Illinois. The cost of living is quite affordable, with an average two bedroom rent of $700 compared to the US$1,430. Additionally, groceries are also relatively inexpensive in Tamaroa, as the Grocery Cost Index in the town is 93 versus 100 in the US. This makes it a great place for those looking for a more affordable lifestyle. Local businesses include Tamaroa Foods LLC and TLC Auto Parts Inc., which offer goods and services to the community. Other local companies include Tamaroa Plumbing & Heating Corp., Stiffler Construction Co., and Tamaroa Family Dentistry.
Tamaroa has an unemployment rate of 6.1%. The US average is 6.0%.
Tamaroa has seen the job market decrease by -0.6% over the last year. Future job growth over the next ten years is predicted to be 10.7%, which is lower than the US average of 33.5%.
Tax Rates for Tamaroa
- The Sales Tax Rate for Tamaroa is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Tamaroa 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 Tamaroa
- The average income of a Tamaroa resident is $17,339 a year. The US average is $28,555 a year.
- The Median household income of a Tamaroa resident is $46,250 a year. The US average is $69,021 a year.