The city of Venice, IL (62090) is an affordable place to live, boasting 2-bedroom apartments for just $840 per month. This number is significantly lower than the national average of $1,430. Venice also offers a budget-friendly grocery experience - the Grocery Cost Index for Venice is 89 versus a national average of 100. Venetians can shop at local stores like Schnuck's or Shop 'n Save Supermarkets for all their grocery needs. Additionally, ALDI and Walmart are just a short drive away. On average, residents can expect to pay an Grocery Cost Index of 89 when shopping in Venice, IL.
Venice (zip 62090) has an unemployment rate of 5.4%. The US average is 6.0%.
Venice (zip 62090) has seen the job market decrease by -6.8% over the last year. Future job growth over the next ten years is predicted to be 31.5%, which is lower than the US average of 33.5%.
Tax Rates for Venice (zip 62090)
- The Sales Tax Rate for Venice (zip 62090) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Venice (zip 62090) 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 Venice (zip 62090)
- The average income of a Venice (zip 62090) resident is $20,774 a year. The US average is $37,638 a year.
- The Median household income of a Venice (zip 62090) resident is $45,938 a year. The US average is $69,021 a year.