The small village of Walnut Hill, located in Illinois, is the perfect place for anyone looking for a low-cost living. With 2 bedroom rents coming in at $840 compared to the US average of $1,430, this village offers savings in rent without sacrificing too much. Additionally, grocery costs are also kept low with an index of 93 versus 100 in the US.
Walnut Hill offers a great selection of amenities for its residents. From shopping and dining experiences at local favourites like Staggers Bar & Grill and Big Daddy’s Cafe to outdoor activities such as the nearby Rend Lake State Fish and Wildlife Area, locals have plenty of options to choose from. The community is also home to several businesses such as Handyman Services Inc., New Horizons Home health care, and Keeling Heating & Cooling LLC. All of these resources make Walnut Hill an affordable yet enjoyable place to live.
Walnut Hill (zip 62893) has an unemployment rate of 6.2%. The US average is 6.0%.
Walnut Hill (zip 62893) has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 25.0%, which is lower than the US average of 33.5%.
Tax Rates for Walnut Hill (zip 62893)
- The Sales Tax Rate for Walnut Hill (zip 62893) is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Walnut Hill (zip 62893) 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 Walnut Hill (zip 62893)
- The average income of a Walnut Hill (zip 62893) resident is $28,322 a year. The US average is $28,555 a year.
- The Median household income of a Walnut Hill (zip 62893) resident is $65,066 a year. The US average is $69,021 a year.