Virden, IL is a small town located in Macoupin County. It has a population of about 2,000 people and offers affordable living costs. The median rent for a two-bedroom apartment is only $770 per month, which is significantly lower than the US average of $1,430. The cost of groceries is also lower than the national average with a Grocery Cost Index of 92 compared to the US index of 100. Virden offers many local businesses such as K&K Automotive Supply, Jojo's Pizza & Bakery, and Virden Hardware & Plumbing Supplies. The town also has some attractions such as the Bailey House Museum and the Maple Hill Cemetery.
Virden has an unemployment rate of 5.0%. The US average is 6.0%.
Virden has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 30.4%, which is lower than the US average of 33.5%.
Tax Rates for Virden
- The Sales Tax Rate for Virden is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Virden 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 Virden
- The average income of a Virden resident is $21,238 a year. The US average is $28,555 a year.
- The Median household income of a Virden resident is $57,193 a year. The US average is $69,021 a year.