Jeffersonville, IL is a small rural town situated in central Illinois. It has a population of around 2,867 people and offers an affordable cost of living. The average two bedroom rent is $690 while the US average for a two bedroom is approximately $1,430 - making it an ideal option for budget conscious renters. The grocery cost index in Jeffersonville is 91 compared to 100 in the US. This makes groceries more affordable than many other areas across the country. Local companies include Red Bud Farms & Nursery LLC, Wild Bill's Home Improvements, and KGCX Radio Broadcasting Company. Overall, Jeffersonville provides an excellent quality of life at a low cost.
Jeffersonville has an unemployment rate of 5.4%. The US average is 6.0%.
Jeffersonville 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 6.2%, which is lower than the US average of 33.5%.
Tax Rates for Jeffersonville
- The Sales Tax Rate for Jeffersonville is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Jeffersonville is 5.0%. The US average is 4.6%.
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Income and Salaries for Jeffersonville
- The average income of a Jeffersonville resident is $21,012 a year. The US average is $37,638 a year.
- The Median household income of a Jeffersonville resident is $40,208 a year. The US average is $69,021 a year.