Sangamon County, IL is a great place to live and work for those looking for an affordable cost of living. The average two bedroom rent in the county is $910, which is significantly cheaper than the US average of $1430. Grocery costs are also quite low with a grocery cost index of 95 compared to 100 for the US as a whole. Local businesses in Sangamon County include Walmart, Target, and Sam's Club where employment opportunities can be found. Other large employers such as Memorial Medical Center and University of Illinois College of Medicine have significant presence in the area providing plenty of job opportunities and resources to residents. The average local wage is around $20 per hour, which is slightly higher than the national minimum wage but still considerably lower than wages seen in other parts of the country.
Sangamon County has an unemployment rate of 6.3%. The US average is 6.0%.
Sangamon County has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 22.7%, which is lower than the US average of 33.5%.
Tax Rates for Sangamon County
- The Sales Tax Rate for Sangamon County is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Sangamon 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 Sangamon County
- The average income of a Sangamon County resident is $30,594 a year. The US average is $28,555 a year.
- The Median household income of a Sangamon County resident is $66,149 a year. The US average is $69,021 a year.