Toulon, IL is a small town located in Stark County and is known for its affordability. On average, rent for a two bedroom unit is $800 which is significantly lower than the US average of $1,430. Additionally, the Grocery Cost Index in Toulon is 92 versus 100 in the US, making food more affordabe. \nThe local economy of Toulon includes businesses such as Bliss Appliance and Service, Toulon Ford-Lincoln, Green Valley Floral & Greenhouses, and Brick & Mortar Bar & Grill. Each company offers quality services to residents of the city as well as the surrounding areas.
Toulon has an unemployment rate of 6.7%. The US average is 6.0%.
Toulon has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 18.1%, which is lower than the US average of 33.5%.
Tax Rates for Toulon
- The Sales Tax Rate for Toulon is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Toulon 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 Toulon
- The average income of a Toulon resident is $24,997 a year. The US average is $28,555 a year.
- The Median household income of a Toulon resident is $42,292 a year. The US average is $69,021 a year.