61568 Tremont, IL is an ideal place for those looking for affordable rent and cost of living. The average 2 bedroom rent in 61568 Tremont, IL is only $820 compared to the US average of $1,430. The Grocery Cost Index for 61568 Tremont, IL is 97 versus the 100 in the US. This means that groceries are 3% less expensive than the rest of the country! The area boasts many local businesses including: Citywide Bank, Tazewell County Farm Bureau Insurance, J&L Wooten Agency Inc., and Trillium Tierra Natural Foods. For more information about 61568 Tremont, IL check out this link: https://www.city-data.com/township/Tremont-Tazewell-IL.html
Tremont (zip 61568) has an unemployment rate of 5.7%. The US average is 6.0%.
Tremont (zip 61568) has seen the job market decrease by -7.5% over the last year. Future job growth over the next ten years is predicted to be 19.4%, which is lower than the US average of 33.5%.
Tax Rates for Tremont (zip 61568)
- The Sales Tax Rate for Tremont (zip 61568) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Tremont (zip 61568) 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 Tremont (zip 61568)
- The average income of a Tremont (zip 61568) resident is $40,145 a year. The US average is $37,638 a year.
- The Median household income of a Tremont (zip 61568) resident is $81,288 a year. The US average is $69,021 a year.