Mahomet, IL is a great place to live and work. The small-town atmosphere offers a great quality of life with low crime rates and reasonably priced 2 bedroom rent at $1,150 per month. It has a diverse selection of local businesses that provide necessary services to its residents. For example, there's Mahomet Home Center which specializes in supplying high-quality home improvement products, Groceries Plus offering affordable groceries with the Grocery Cost Index just below the national average at 99 versus 100 in the US, Dollar Tree for discounted goods and services, and CVS Pharmacy for health care needs. In addition, there are multiple restaurants such as Mickey’s Place serving American cuisine for a delicious meal any day of the week. With so many local establishments to choose from, Mahomet, IL has much to offer its citizens.
Mahomet (zip 61853) has an unemployment rate of 5.0%. The US average is 6.0%.
Mahomet (zip 61853) has seen the job market increase by 2.2% over the last year. Future job growth over the next ten years is predicted to be 30.2%, which is lower than the US average of 33.5%.
Tax Rates for Mahomet (zip 61853)
- The Sales Tax Rate for Mahomet (zip 61853) is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Mahomet (zip 61853) 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 Mahomet (zip 61853)
- The average income of a Mahomet (zip 61853) resident is $35,528 a year. The US average is $28,555 a year.
- The Median household income of a Mahomet (zip 61853) resident is $105,352 a year. The US average is $69,021 a year.