Wheeler, IL is a small city located in Illinois with a population of just over 1,000 people. It is an affordable place to live for those looking to save money on rent and groceries. The average 2 bedroom rent is $790 compared to the US average of $1,430 making it an attractive option for budget conscious renters. Additionally the Grocery Cost Index is 97 versus 100 in the US giving another reason to consider living in Wheeler. The city has local businesses such as the Wheelersville Market, Wheeler Lanes Bowling Alley, and Jones Hardware Store; all of which contribute to keeping costs low by providing competitive prices as well as quality products and services.
Wheeler has an unemployment rate of 5.2%. The US average is 6.0%.
Wheeler 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 24.6%, which is lower than the US average of 33.5%.
Tax Rates for Wheeler
- The Sales Tax Rate for Wheeler is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Wheeler 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 Wheeler
- The average income of a Wheeler resident is $18,913 a year. The US average is $28,555 a year.
- The Median household income of a Wheeler resident is $38,250 a year. The US average is $69,021 a year.