Nashville, IL (62263) has an average 2 Bedroom Rent of $860 per month, which is much lower than the national average rent of $1,430. The cost of living in Nashville is also very affordable. According to the Grocery Cost Index, grocery items are about 95 compared to the US index of 100. This means that grocery items cost 5 percent less in Nashville than the national average.
Nashville offers plenty of business and services for residents. Some local companies include General Store Antiques and Interiors, A & L Agri Service Inc., Appel Farms Country Store, Wash-It Laundromat & Dry Cleaners, PDQ Food Marts Gas Station and Car Wash, and Annapas Outfitters LLC among many others.
Nashville (zip 62263) has an unemployment rate of 2.7%. The US average is 6.0%.
Nashville (zip 62263) has seen the job market increase by 2.1% over the last year. Future job growth over the next ten years is predicted to be 35.9%, which is higher than the US average of 33.5%.
Tax Rates for Nashville (zip 62263)
- The Sales Tax Rate for Nashville (zip 62263) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Nashville (zip 62263) 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 Nashville (zip 62263)
- The average income of a Nashville (zip 62263) resident is $26,489 a year. The US average is $28,555 a year.
- The Median household income of a Nashville (zip 62263) resident is $64,707 a year. The US average is $69,021 a year.