Troy Grove, IL is a small village with a population of around 500 people. The town is known for its affordable housing prices, with the average two bedroom rent being $890. This is significantly lower than the US average of $1,430 for the same size apartment. Furthermore, groceries are relatively cheaper in Troy Grove compared to other parts of the country; the Grocery Cost Index in Troy Grove is 94 versus 100 across the US. Local businesses and services include Huppertz Hardware, Eilers Catering Hall and Fox Farm Market. They have all been operating since before World War II and provide quality products and services to residents of Troy Grove and surrounding areas.
Troy Grove has an unemployment rate of 7.3%. The US average is 6.0%.
Troy Grove has seen the job market decrease by -8.3% over the last year. Future job growth over the next ten years is predicted to be 20.0%, which is lower than the US average of 33.5%.
Tax Rates for Troy Grove
- The Sales Tax Rate for Troy Grove is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Troy Grove 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 Troy Grove
- The average income of a Troy Grove resident is $38,943 a year. The US average is $37,638 a year.
- The Median household income of a Troy Grove resident is $79,583 a year. The US average is $69,021 a year.