Hamilton, IL County is home to some well-known companies such as Cargill, Riddell Sports Group, and ADM Grain. The cost of living in this county is relatively low compared to other areas. Rent for a two bedroom apartment in Hamilton, IL County is $770 per month versus the US national average of $1,430. Additionally, the grocery cost index in Hamilton, IL County is 93 while the US average is 100. This shows that living in Hamilton, IL County can be very affordable when compared to other parts of the country.
Hamilton County has an unemployment rate of 4.9%. The US average is 6.0%.
Hamilton County has seen the job market decrease by -7.6% over the last year. Future job growth over the next ten years is predicted to be 33.5%, which is lower than the US average of 33.5%.
Tax Rates for Hamilton County
- The Sales Tax Rate for Hamilton County is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Hamilton 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 Hamilton County
- The average income of a Hamilton County resident is $28,836 a year. The US average is $37,638 a year.
- The Median household income of a Hamilton County resident is $58,306 a year. The US average is $69,021 a year.