Decatur, Illinois is a wonderful place to live in the Metro area. It is home to many well-known companies such as Archer Daniels Midland, Tate & Lyle, and Kent Feeds. This city also offers many great amenities to its residents such as excellent schools, diverse restaurants, and plenty of recreational activities such as outdoor parks and trails. Additionally, it has an affordable cost of living with a two bedroom rent being $860 in comparison to the US’s average of $1,430. Grocery costs are even more economical at 92 compared to the national index of 100. Decatur is also conveniently located near several attractions such as museums, cultural centers, golf courses, and shopping malls making it an ideal destination for those seeking a vibrant lifestyle.
Decatur Metro Area has an unemployment rate of 8.6%. The US average is 6.0%.
Decatur Metro Area has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 23.5%, which is lower than the US average of 33.5%.
Tax Rates for Decatur Metro Area
- The Sales Tax Rate for Decatur Metro Area is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Decatur Metro Area 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 Decatur Metro Area
- The average income of a Decatur Metro Area resident is $26,259 a year. The US average is $28,555 a year.
- The Median household income of a Decatur Metro Area resident is $55,954 a year. The US average is $69,021 a year.