Tamms, IL is a small rural community located in Alexander County. As the population of Tamms is relatively low, with just over 1,000 residents, the two bedroom rent in Tamms is much lower than the US average of $1,430. Along with being more affordable for renters, living in Tamms also provides access to local businesses at lower prices than what you would find elsewhere. Businesses such as Teufel’s Hardware & Supply Company and Harrell’s Grocery store are popular amongst locals looking for high-quality products at an economical price, as the grocery cost index in Tamms is 91 versus 100 in the US. Living in Tamms offers a slower paced lifestyle perfect for families or those seeking tranquility and peacefulness. With its friendly neighbors and access to local stores and amenities, Tamms makes for an excellent place to call home.
Tamms has an unemployment rate of 8.3%. The US average is 6.0%.
Tamms has seen the job market decrease by -5.4% over the last year. Future job growth over the next ten years is predicted to be 16.5%, which is lower than the US average of 33.5%.
Tax Rates for Tamms
- The Sales Tax Rate for Tamms is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Tamms 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 Tamms
- The average income of a Tamms resident is $17,401 a year. The US average is $37,638 a year.
- The Median household income of a Tamms resident is $45,069 a year. The US average is $69,021 a year.