Thayer, IL is a small rural town in Jefferson County. It has a population of just over 200 people and is known for its peaceful atmosphere. The cost of living in Thayer is quite low for the area; rent for a two-bedroom apartment is only $810 and the US index for grocery costs is 92 compared to 100 in the US. There are several local businesses in Thayer including restaurants, coffee shops, and convenience stores that offer goods at reasonable prices. All of these factors make Thayer an attractive location to live for those looking for a peaceful environment with affordable costs.
Thayer has an unemployment rate of 6.3%. The US average is 6.0%.
Thayer has seen the job market decrease by -7.4% over the last year. Future job growth over the next ten years is predicted to be 22.7%, which is lower than the US average of 33.5%.
Tax Rates for Thayer
- The Sales Tax Rate for Thayer is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Thayer 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 Thayer
- The average income of a Thayer resident is $33,705 a year. The US average is $37,638 a year.
- The Median household income of a Thayer resident is $52,778 a year. The US average is $69,021 a year.