Sherman township (DeKalb Cnty), MO is a great place to live with low rent and grocery prices. The average two-bedroom rent is only $820 whereas the US average for two-bedroom rent is $1,430. Also, the Grocery Cost Index in Sherman township is 97 versus 100 nationally, making it a very affordable place to live. Sherman township provides plenty of activities and businesses nearby such as Fox Run Golf Club, DeKalb County Hospital, Illini State Park, and Northern Illinois University. Additionally, there are numerous local companies within the area such as Sweetwater Aviation LLC, Renewal by Andersen Windows & Doors of Chicago and Uptown Food Group. All these businesses provide great opportunities for growth and employment in the township.
Sherman township (DeKalb County) has an unemployment rate of 3.4%. The US average is 6.0%.
Sherman township (DeKalb County) has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 27.2%, which is lower than the US average of 33.5%.
Tax Rates for Sherman township (DeKalb County)
- The Sales Tax Rate for Sherman township (DeKalb County) is 5.7%. The US average is 7.3%.
- The Income Tax Rate for Sherman township (DeKalb County) is 5.9%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Sherman township (DeKalb County)
- The average income of a Sherman township (DeKalb County) resident is $21,931 a year. The US average is $28,555 a year.
- The Median household income of a Sherman township (DeKalb County) resident is $64,219 a year. The US average is $69,021 a year.