Shelbyville, IL is a great place to live for those looking for an affordable rent. The two bedroom rent in Shelbyville is $770 which is significantly lower than the US average of $1,430. Living in Shelbyville also offers many local businesses that make living in Shelbyville more convenient. Popular stores and restaurants around the area include Walmart, Dollar General, McDonalds, Subway, Hardee's, Taco Bell and KFC. Additionally, the Grocery Cost Index in Shelbyville is 93 versus 100 in the US making it cheaper to buy groceries compared to other places. Overall Shelbyville is an affordable place to live with plenty of local businesses available.
Shelbyville (zip 62565) has an unemployment rate of 4.8%. The US average is 6.0%.
Shelbyville (zip 62565) has seen the job market decrease by -6.4% 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 Shelbyville (zip 62565)
- The Sales Tax Rate for Shelbyville (zip 62565) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Shelbyville (zip 62565) 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 Shelbyville (zip 62565)
- The average income of a Shelbyville (zip 62565) resident is $29,971 a year. The US average is $37,638 a year.
- The Median household income of a Shelbyville (zip 62565) resident is $56,466 a year. The US average is $69,021 a year.