Twin Grove, IL is a great place to call home. It offers residents access to many amenities and local businesses, such as grocery stores, restaurants, cafes, banks, and health care services. The town also has an affordable housing market with 2 bedroom rentals averaging just $1,160 per month - significantly lower than the US average of $1,430. Additionally, those who live in Twin Grove can benefit from the low cost of groceries since the Grocery Cost Index is equal to that of the US. In short, Twin Grove is an excellent place to settle down due to its economic affordability and range of local amenities.
Twin Grove has an unemployment rate of 5.0%. The US average is 6.0%.
Twin Grove has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 22.9%, which is lower than the US average of 33.5%.
Tax Rates for Twin Grove
- The Sales Tax Rate for Twin Grove is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Twin Grove 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 Twin Grove
- The average income of a Twin Grove resident is $49,290 a year. The US average is $28,555 a year.
- The Median household income of a Twin Grove resident is $100,000 a year. The US average is $69,021 a year.