62672 Nilwood, IL is an attractive and affordable place to live. The average two bedroom rent is only $830, which is significantly lower than the US average of $1,430. The local grocery cost index is also favorable at 91 versus 100 in the US.
The small town of Nilwood has a population of only 381 residents and provides a great sense of community for its citizens. It has convenient access to amenities such as a library, golf course, and pizza shop. For those looking for employment, nearby companies include DMH Industries Inc., Nilwood Grain Co., and IML Freight & Transport LLC. With all these features combined, 62672 Nilwood IL is a great place to call home.
Nilwood (zip 62672) has an unemployment rate of 5.0%. The US average is 6.0%.
Nilwood (zip 62672) has seen the job market decrease by -6.9% over the last year. Future job growth over the next ten years is predicted to be 30.4%, which is lower than the US average of 33.5%.
Tax Rates for Nilwood (zip 62672)
- The Sales Tax Rate for Nilwood (zip 62672) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Nilwood (zip 62672) 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 Nilwood (zip 62672)
- The average income of a Nilwood (zip 62672) resident is $25,364 a year. The US average is $37,638 a year.
- The Median household income of a Nilwood (zip 62672) resident is $42,361 a year. The US average is $69,021 a year.