Cost of living in Cherry Grove-Shannon township, Illinois

Cost of living
compared to USA

moderate

Cost of living
compared to Illinois

high

Median household
income

high

Is it expensive to live in Cherry Grove-Shannon township, Illinois? When calculating the cost of living in Cherry Grove-Shannon township, Illinois we factor in state income tax rates, average housing rental prices, average property values, cost of living index, and more.

The cost of living in Cherry Grove-Shannon township, Illinois is moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and highAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Illinois, while median household income in Cherry Grove-Shannon township is $63,750 which is high Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Illinois.

Taxes in Cherry Grove-Shannon township, Illinois

The sales tax rate in Cherry Grove-Shannon township, Illinois is 6.6%. Last year, the average property taxes paid was 2.0% Cherry Grove-Shannon township, Illinois.

The state income tax in the state of Illinois is 4.95%.

Housing costs in Cherry Grove-Shannon township, Illinois

The average cost of
a single-family home
compated to USA

moderate

The average cost of
a single-family home
compated to Illinois

high

In Cherry Grove-Shannon township, Illinois, 86.0% of the population owns their homes, while approximately 14.0% rent. The average cost of a single-family home in Cherry Grove-Shannon township, Illinois in 2023 is $211,584 which is moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and highAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Illinois. The average one-bedroom apartment cost is approximately $[no data] per month.

Rental Size	Monthly Cost	Compared to Illinois
1 Bedroom	$[no data]	[no data]Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
2 Bedroom	$[no data]	[no data]Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
3 Bedroom	$[no data]	[no data]Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
4 Bedroom	$[no data]	[no data]Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest