Kinmundy, IL is an ideal place for finding an affordable home. The average two-bedroom rental cost in Kinmundy is only $690, which is much lower than the national average of $1,430. Additionally, grocery costs are significantly lower here compared to other cities in the US; the Grocery Cost Index in Kinmundy stands at 93 versus 100 in the US. This makes it ideal for families and individuals looking to save on their monthly expenses.
Kinmundy is home to many exciting businesses that locals can take advantage of; some popular ones include Johnson Auto Parts & Sales, ServiceMaster Professional Cleaning Services, and Schmitt’s Auto Repair. These companies offer a variety of services related to auto parts, cleaning and repair work. With the low cost of living in Kinmundy, residents can enjoy the benefits these businesses provide without breaking the bank.
Kinmundy (zip 62854) has an unemployment rate of 6.2%. The US average is 6.0%.
Kinmundy (zip 62854) has seen the job market decrease by -8.5% over the last year. Future job growth over the next ten years is predicted to be 25.0%, which is lower than the US average of 33.5%.
Tax Rates for Kinmundy (zip 62854)
- The Sales Tax Rate for Kinmundy (zip 62854) is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Kinmundy (zip 62854) 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 Kinmundy (zip 62854)
- The average income of a Kinmundy (zip 62854) resident is $26,198 a year. The US average is $37,638 a year.
- The Median household income of a Kinmundy (zip 62854) resident is $52,990 a year. The US average is $69,021 a year.