Taylorville, IL is a small town with a population of 6,256. It offers its inhabitants a reasonable cost of living and is the perfect place for those looking to escape the hustle and bustle of city life. The average two-bedroom rental in Taylorville is $830 per month which is significantly lower than the US average of $1,430 per month. Additionally, the grocery cost index in Taylorville is 92 compared to 100 in the US, making it an affordable place to live. The town also offers plenty of local businesses ranging from small family-owned restaurants to larger stores like Walmart and Target. For entertainment, residents can visit local movie theaters or take part in recreational activities on one of the many nearby lakes. With its low cost of living and abundance of amenities, Taylorville is an ideal place for those looking for an affordable but enjoyable lifestyle.
Taylorville (zip 62568) has an unemployment rate of 6.3%. The US average is 6.0%.
Taylorville (zip 62568) has seen the job market decrease by -9.8% over the last year. Future job growth over the next ten years is predicted to be 12.9%, which is lower than the US average of 33.5%.
Tax Rates for Taylorville (zip 62568)
- The Sales Tax Rate for Taylorville (zip 62568) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Taylorville (zip 62568) 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 Taylorville (zip 62568)
- The average income of a Taylorville (zip 62568) resident is $27,249 a year. The US average is $37,638 a year.
- The Median household income of a Taylorville (zip 62568) resident is $51,308 a year. The US average is $69,021 a year.