Gallatin, IL County is a great place to live and work due to its affordable rental rates and lower-than-average grocery costs. 2 Bedroom rent in Gallatin is only $770 compared to the national average of $1,430. Grocery cost index in Gallatin is 92 versus 100 in the US. As a result, residents of Gallatin can enjoy an increased purchasing power while still affording necessary items like food and shelter. \nThe county also boasts a range of local companies and attractions that contribute to the area's economy. Notable employers include Tyson Fresh Meats, LLC, MFA Incorporated, Big River Steel LLC, and many others. There are also several popular tourist attractions like Tower Rock State Park where visitors can explore natural beauty or take part in outdoor activities such as canoeing or fishing. All these elements combined make Gallatin an attractive place to settle down and enjoy the good life!
Gallatin County has an unemployment rate of 6.4%. The US average is 6.0%.
Gallatin County has seen the job market decrease by -17.2% over the last year. Future job growth over the next ten years is predicted to be 23.6%, which is lower than the US average of 33.5%.
Tax Rates for Gallatin County
- The Sales Tax Rate for Gallatin County is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Gallatin 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 Gallatin County
- The average income of a Gallatin County resident is $33,231 a year. The US average is $37,638 a year.
- The Median household income of a Gallatin County resident is $52,597 a year. The US average is $69,021 a year.