Bond County, IL Economy


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United States / Illinois / / Bond County / Cities / Zip Codes
Bond, IL County is a great place to live with affordable housing and low grocery costs. The average two bedroom rent in Bond, IL County is $770 compared to the US average of $1,430. The Grocery Cost Index for Bond, IL County is 94 versus 100 in the US. Local companies in this area include Bond Motorsports, Bond Marble & Granite, and Bond Tool & Die. Overall, Bond County has a relatively low cost of living compared to other areas in the United States.

Bond County has an unemployment rate of 4.9%. The US average is 6.0%.

Bond County has seen the job market decrease by -7.1% over the last year. Future job growth over the next ten years is predicted to be 30.1%, which is lower than the US average of 33.5%.

Tax Rates for Bond County
- The Sales Tax Rate for Bond County is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Bond County 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 Bond County
- The average income of a Bond County resident is $27,335 a year. The US average is $37,638 a year.
- The Median household income of a Bond County resident is $53,654 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBond, IllinoisUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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