Champaign, IL 61820 is a great place to live. Not only are the rent prices at $1,110 for a two-bedroom apartment significantly lower than the US average of $1,430 but it also has a Grocery Cost Index of 94 compared to 100 in the US. In addition to budget-friendly living expenses, Champaign, IL also offers plenty of job opportunities with big names like the University of Illinois Urbana-Champaign, Carle Health System,, Busey Bank, and Kraft Foods Group all calling Champaign home. With its diverse economy and low cost of living, Champaign is an ideal city for young professionals looking for both career growth and financial stability.
Champaign (zip 61820) has an unemployment rate of 4.9%. The US average is 6.0%.
Champaign (zip 61820) has seen the job market decrease by -4.0% over the last year. Future job growth over the next ten years is predicted to be 32.0%, which is lower than the US average of 33.5%.
Tax Rates for Champaign (zip 61820)
- The Sales Tax Rate for Champaign (zip 61820) is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Champaign (zip 61820) 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 Champaign (zip 61820)
- The average income of a Champaign (zip 61820) resident is $20,970 a year. The US average is $37,638 a year.
- The Median household income of a Champaign (zip 61820) resident is $28,949 a year. The US average is $69,021 a year.