Versailles, IL is a small town in Illinois located near the Indiana border. This quaint town is full of opportunity and entertainment. It offers reasonable rent prices for two bedroom apartments at $760 compared to the nation's average of $1,430. Additionally, Versailles has lower than average grocery costs with an index of 92 versus 100 in the US. \nLocal businesses and attractions include The Rusty Nail Pub which serves delicious bar food and drinks along with live music during the weekend. Another local business is Ed’s Automotive where residents can get their vehicles serviced. For outdoor activities, nearby Cave-In-Rock State Park provides breathtaking views of the Ohio River Valley as well as plenty of fishing opportunities in their lake. Residents can also visit Trail of Tears State Forest or enjoy a picnic by Lake Glendale Recreation Area. With all these different attractions and services, it’s no wonder why Versailles is such a great place to call home.
Versailles has an unemployment rate of 2.7%. The US average is 6.0%.
Versailles has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 32.7%, which is lower than the US average of 33.5%.
Tax Rates for Versailles
- The Sales Tax Rate for Versailles is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Versailles 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 Versailles
- The average income of a Versailles resident is $24,398 a year. The US average is $28,555 a year.
- The Median household income of a Versailles resident is $50,833 a year. The US average is $69,021 a year.