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 increase by 1.6% 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 $23,232 a year. The US average is $28,555 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
  4.96
  -7.1%-6.2%
  30.1%33.5%
  7.3%6.2%
  5.0%4.6%
  $27,335$37,638
  $53,654$69,021
  $68,583$85,028
  Population by Occupation
  2.8%1.2%
  0.7%0.5%
  7.9%6.8%
  10.4%10.0%
  4.0%2.5%
  10.2%11.0%
  6.9%4.8%
  0.7%0.8%
  1.8%1.9%
  3.2%4.7%
  1.7%1.9%
  2.9%7.6%
  0.0%0.1%
  3.1%4.2%
  13.6%9.3%
  13.2%14.0%
  1.2%2.1%
  7.8%7.0%
  4.9%4.8%
  3.2%4.7%
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