Big Rock, IL is a small town located just outside of Chicago with a strong sense of community spirit. It's a great place to raise a family or settle down for retirement because of its low cost of living and friendly atmosphere. The average two bedroom rent in Big Rock is significantly less than the US average ($1,380 versus $1,430), and the grocery cost index in Big Rock is 97 compared to the US average of 100, making it an especially budget-friendly place to live. The local economy also offers numerous job opportunities at companies such as Big Rock Steel Corporation, which produces agricultural equipment; Big Rock Sewer Authority, which provides top-notch wastewater management services; and Big Rock Industrial Park, home to several large manufacturing facilities. The town has plenty of recreational activities available nearby as well, including biking trails and golf courses. All these factors make Big Rock an ideal destination for those looking for affordable living without sacrificing convenience or quality.
Big Rock has an unemployment rate of 7.1%. The US average is 6.0%.
Big Rock has seen the job market decrease by -9.1% 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 Big Rock
- The Sales Tax Rate for Big Rock is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Big Rock is 5.0%. The US average is 4.6%.
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Income and Salaries for Big Rock
- The average income of a Big Rock resident is $46,575 a year. The US average is $37,638 a year.
- The Median household income of a Big Rock resident is $112,778 a year. The US average is $69,021 a year.