Cherry, IL is a small town located in the Midwest. It has a low cost of living, with an average two bedroom rent price of only $830 compared to the US average of $1430. In addition, grocery costs are considerably lower than the national index at 91 compared to 100. Despite its small size, Cherry is home to many local businesses such as The Original Pancake House, Cherry Valley Grocery Store and The Cherry Inn Pub & Restaurant. These businesses offer locally-sourced ingredients at affordable prices for all residents of Cherry, IL.
Cherry has an unemployment rate of 6.3%. The US average is 6.0%.
Cherry has seen the job market decrease by -8.2% over the last year. Future job growth over the next ten years is predicted to be 33.9%, which is higher than the US average of 33.5%.
Tax Rates for Cherry
- The Sales Tax Rate for Cherry is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Cherry is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing 黑料社区.
Income and Salaries for Cherry
- The average income of a Cherry resident is $29,247 a year. The US average is $37,638 a year.
- The Median household income of a Cherry resident is $46,000 a year. The US average is $69,021 a year.