Washington, IL is an ideal location to live for anyone looking for affordability and a high quality of life. The 2 bedroom rent in Washington is $950 per month, which is significantly lower than the national average of $1,430. Additionally, the Grocery Cost Index in Washington is 96 compared to 100 in the US. This makes it easier to access groceries at a reasonable price. \nWashington, IL has multiple local companies that offer employment opportunities such as Walmart, Target and Menards. There are also several restaurants like Peking Chinese Restaurant, Pizza Hut and Subway that provide quality meals at affordable prices. The low cost of living makes it possible for residents to purchase the items they need without breaking their budget.
Washington has an unemployment rate of 5.7%. The US average is 6.0%.
Washington has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 19.4%, which is lower than the US average of 33.5%.
Tax Rates for Washington
- The Sales Tax Rate for Washington is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Washington 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 Washington
- The average income of a Washington resident is $33,701 a year. The US average is $28,555 a year.
- The Median household income of a Washington resident is $79,384 a year. The US average is $69,021 a year.