Warrensburg, IL is a small town with a population of just over 5,000. It has a cost of living that is significantly lower than the US average. The two bedroom rent in Warrensburg is $780 compared to the national rate of $1,430 and grocery costs are only 93 versus 100 in the US. This makes Warrensburg an affordable place to live for families on a budget. There are several local companies in Warrensburg such as John Deere Home and Harvest Financial Services, along with smaller businesses like Joe's Donuts and Paws Pet Grooming.
Warrensburg has an unemployment rate of 8.6%. The US average is 6.0%.
Warrensburg has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 23.5%, which is lower than the US average of 33.5%.
Tax Rates for Warrensburg
- The Sales Tax Rate for Warrensburg is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Warrensburg 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 Warrensburg
- The average income of a Warrensburg resident is $28,030 a year. The US average is $28,555 a year.
- The Median household income of a Warrensburg resident is $74,688 a year. The US average is $69,021 a year.