Verona, IL is a small town located in the heart of the Midwest. With a population of just over 1,100 people, this quaint community offers residents a cozy and peaceful atmosphere with its historic downtown streets. Despite the small size, Verona has many quality amenities for its residents. Local companies and services include Verona Family Market, which provides groceries at competitive prices; Drury-Tipton Architects, offering excellent architectural services; and Jason’s Lawn Care, providing reliable lawn care services. The median 2-bedroom rent price in Verona is $1,370 per month which is lower than the US average rent price of $1,430 per month. Additionally, groceries in Verona have an index cost of 97 compared to 100 in the United States.
Verona has an unemployment rate of 6.6%. The US average is 6.0%.
Verona has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 25.6%, which is lower than the US average of 33.5%.
Tax Rates for Verona
- The Sales Tax Rate for Verona is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Verona 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 Verona
- The average income of a Verona resident is $21,587 a year. The US average is $28,555 a year.
- The Median household income of a Verona resident is $38,750 a year. The US average is $69,021 a year.