Grafton, IL is a small town located in Jersey County with a population of 6,203 people. The 2 bedroom rent here is quite affordable at only $850 compared to the national average of $1,430. Additionally, this quaint town has a grocery cost index of 96 versus 100 in the US. Thus, making it an attractive area to live for those on budget.
Residents of Grafton have several local companies to choose from for shopping and entertainment. These include The Grafton Winery & Brewhaus which offers wine tastings and craft beers as well as Grafton Village Cheese which produces artisanal cheese products using traditional practices. Other activities one can enjoy in Grafton include hiking or having a picnic along their scenic waterfront trails, visiting the local farmers market or attending various music festivals throughout the year. All in all Grafton is a great place for families looking for a smaller community with plenty of amenities at an affordable price!
Grafton (zip 62037) has an unemployment rate of 4.7%. The US average is 6.0%.
Grafton (zip 62037) has seen the job market decrease by -6.8% over the last year. Future job growth over the next ten years is predicted to be 27.8%, which is lower than the US average of 33.5%.
Tax Rates for Grafton (zip 62037)
- The Sales Tax Rate for Grafton (zip 62037) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Grafton (zip 62037) 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 Grafton (zip 62037)
- The average income of a Grafton (zip 62037) resident is $58,935 a year. The US average is $37,638 a year.
- The Median household income of a Grafton (zip 62037) resident is $63,507 a year. The US average is $69,021 a year.