Willow Hill, IL is a great place to live due to its low cost of living. The average 2-bedroom rent in Willow Hill is $710 which is significantly lower than the national average of $1,430. People who are looking for affordable grocery items should also consider moving to Willow Hill since its Grocery Cost Index is 90 compared to 100 in the US. There are many local companies that call this city home such as ABC Inc., XYZ Corp., and Oak Valley Industries. These companies provide employment opportunities for residents in the area and help boost the local economy. The overall cost of living in Willow Hill is very attractive when compared to surrounding cities, making it an ideal place to work and live.
Willow Hill has an unemployment rate of 5.2%. The US average is 6.0%.
Willow Hill 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 Willow Hill
- The Sales Tax Rate for Willow Hill is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Willow Hill 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 Willow Hill
- The average income of a Willow Hill resident is $15,755 a year. The US average is $28,555 a year.
- The Median household income of a Willow Hill resident is $31,705 a year. The US average is $69,021 a year.