Smithboro, IL is a small town located in St. Clair County with a population of 62284 people. The rent for 2 bedrooms in the area is $830 per month, which is significantly lower than the US average of $1,430 per month. Grocery Cost Index in Smithboro is 95 versus 100 in the US. This means that grocery costs are lower here than the national average.
Smithboro has plenty of local businesses ranging from manufacturing to retail, creating job opportunities for residents. Some of these companies include Precision Tool and Machine Corp., H&H Industries, Inc., and Newell Rubbermaid. The average salary here is $43,000 per year which is slightly higher than the state's median income level of $42,000 per year.
Smithboro (zip 62284) has an unemployment rate of 4.9%. The US average is 6.0%.
Smithboro (zip 62284) has seen the job market decrease by -7.1% over the last year. Future job growth over the next ten years is predicted to be 30.1%, which is lower than the US average of 33.5%.
Tax Rates for Smithboro (zip 62284)
- The Sales Tax Rate for Smithboro (zip 62284) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Smithboro (zip 62284) 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 Smithboro (zip 62284)
- The average income of a Smithboro (zip 62284) resident is $17,761 a year. The US average is $37,638 a year.
- The Median household income of a Smithboro (zip 62284) resident is $45,208 a year. The US average is $69,021 a year.