West Frankfort IL is a great city located in Southern Illinois. It has plenty of local businesses such as West Frankfort City Hall, Walmart Supercenter, and Heartland Bank & Trust, that create local economic opportunities. The cost of living in West Frankfort is lower than the US average due to low rent and grocery costs. In fact, 2 bedroom rent in West Frankfort is $840 compared to the US average of $1,430 and the Grocery Cost Index is 91 versus 100 in the US. This makes West Frankfort an affordable option for those looking to move to or stay in Southern Illinois.
West Frankfort has an unemployment rate of 7.2%. The US average is 6.0%.
West Frankfort has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 27.5%, which is lower than the US average of 33.5%.
Tax Rates for West Frankfort
- The Sales Tax Rate for West Frankfort is 8.3%. The US average is 7.3%.
- The Income Tax Rate for West Frankfort 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 West Frankfort
- The average income of a West Frankfort resident is $18,009 a year. The US average is $28,555 a year.
- The Median household income of a West Frankfort resident is $37,328 a year. The US average is $69,021 a year.