Winslow, IL Economy


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Winslow, IL is a small town located in the heart of central Illinois. It is a quiet and peaceful community with plenty of attractions for those who enjoy outdoor activities. The cost of living in Winslow, IL is quite affordable; rent for a two bedroom apartment averages around $780 per month, while the average cost of groceries is 91 relative to 100 nationally.
For those looking to shop or explore the local area, there are many businesses and attractions to choose from. There are several stores and restaurants that are open throughout the day including County Market Grocery Store and The Garden Bistro restaurant. Those looking for entertainment can visit Blackhawk Park where they can spend time playing tennis or taking a stroll through the gardens. Families may also enjoy visiting nearby Rock Cut State Park which offers an array of outdoor activities such as fishing and hiking trails.

Winslow has an unemployment rate of 6.4%. The US average is 6.0%.

Winslow has seen the job market increase by 2.1% over the last year. Future job growth over the next ten years is predicted to be 32.0%, which is lower than the US average of 33.5%.

Tax Rates for Winslow
- The Sales Tax Rate for Winslow is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Winslow 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 Winslow
- The average income of a Winslow resident is $18,623 a year. The US average is $28,555 a year.
- The Median household income of a Winslow resident is $58,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWinslow, IllinoisUnited States
  6.46
  -6.5%-6.2%
  32.0%33.5%
  6.8%6.2%
  5.0%4.6%
  $30,397$37,638
  $58,750$69,021
  $61,500$85,028
  Population by Occupation
  4.6%1.2%
  0.0%0.5%
  7.2%6.8%
  26.7%10.0%
  2.1%2.5%
  17.9%11.0%
  9.2%4.8%
  0.5%0.8%
  1.0%1.9%
  5.1%4.7%
  0.0%1.9%
  1.0%7.6%
  0.0%0.1%
  3.6%4.2%
  6.2%9.3%
  8.7%14.0%
  1.0%2.1%
  1.0%7.0%
  3.6%4.8%
  0.5%4.7%
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