Bismarck, IL is a small town located in Illinois with plenty to offer its residents and visitors. The two bedroom rent in this town is $940 which is significantly lower than the U.S two bedroom rent of $1,430 making it an attractive option for those on a budget. The grocery cost index in Bismarck is 92 compared to 100 in the US.
For businesses, there are many local companies such as Spee Dee Delivery Service, Stearns Lumber Company, and Bakery Boutique. For those looking for entertainment opportunities there are a variety of attractions including the Old School Forest Preserve, Riverside Park & Zoo, and Bismarck Community Park where you can take part in sports or simply go for a stroll. Other notable landmarks include White Oak Grove Church which dates back to 1836 and has been restored to its original beauty as well as Dillinger's Den - Bar & Grill which serves up classic American fare and drinks.
Bismarck has an unemployment rate of 6.9%. The US average is 6.0%.
Bismarck has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 17.5%, which is lower than the US average of 33.5%.
Tax Rates for Bismarck
- The Sales Tax Rate for Bismarck is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Bismarck is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Bismarck
- The average income of a Bismarck resident is $30,185 a year. The US average is $28,555 a year.
- The Median household income of a Bismarck resident is $71,250 a year. The US average is $69,021 a year.