Onarga, IL is a small town in Iroquois County with a population of 1,700 people. It is a great place to live due to the low cost of living and plenty of outdoor activities available. The rent for a 2 bedroom apartment in Onarga is $770 which is much lower than the US average rent of $1,430. In addition, the Grocery Cost Index in Onarga is 92 compared to 100 in the US. This means that grocery shopping in Onarga is considerably cheaper than other parts of the country. The local economy is made up of various businesses such as Rinard's Furniture Store, Randy's Auto Body Repair and Painting Inc., Hideaway Bar & Grill and many more. All these businesses contribute to making Onarga an attractive place to live or visit. The Two Indices mentioned above are important tools used to measure the cost of living in different locations. The rent index measures rental costs relative to wages while the grocery cost index compares prices between various areas. Both indices provide valuable insight into whether or not it would be financially beneficial to move or visit a certain area.
Onarga has an unemployment rate of 5.6%. The US average is 6.0%.
Onarga has seen the job market decrease by -7.7% over the last year. Future job growth over the next ten years is predicted to be 27.3%, which is lower than the US average of 33.5%.
Tax Rates for Onarga
- The Sales Tax Rate for Onarga is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Onarga 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 Onarga
- The average income of a Onarga resident is $19,423 a year. The US average is $37,638 a year.
- The Median household income of a Onarga resident is $51,638 a year. The US average is $69,021 a year.