Woodford County, IL is a great place to live. It’s an area with plenty of local amenities and attractions. The county offers scenic views, a vibrant nightlife and plenty of job opportunities for those who want to work in the area. Furthermore, the cost of living here is surprisingly low. According to recent reports, 2 bedroom rent in Woodford County is only $900 per month compared to the US average rate of $1,430 per month. Grocery Cost Index here is also lower than the US average index at 96 versus 100 respectively. This makes it an attractive option for families on a budget. Popular businesses in Woodford include H&R Block Tax Services, Walmart Supercenter, Kroger Pharmacy and Esquivel Accounting & Tax Service Inc. These are just a few examples of what this charming town has to offer its residents.
Woodford County has an unemployment rate of 4.5%. The US average is 6.0%.
Woodford County has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 20.8%, which is lower than the US average of 33.5%.
Tax Rates for Woodford County
- The Sales Tax Rate for Woodford County is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Woodford 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 Woodford County
- The average income of a Woodford County resident is $30,300 a year. The US average is $28,555 a year.
- The Median household income of a Woodford County resident is $76,486 a year. The US average is $69,021 a year.