St. Charles, IL is a vibrant city with many attractions for those looking to rent or buy property. The 2 Bedroom Rent in St. Charles is $1,690 per month, which is slightly higher than the US average of $1,430. Furthermore, the Grocery Cost Index in St. Charles is 99 versus 100 in the US, indicating that groceries are slightly less expensive compared to other parts of the country. The city of St. Charles has many local companies such as Pheasant Run Resort and Hotel Baker that provide services to residents and visitors alike. The city also boasts an active cultural scene with multiple music festivals and events every year as well as numerous outdoor activities such as kayaking and fishing on the Fox River. With all these attractions and amenities, St. Charles has become an attractive destination in Illinois for renters and buyers alike.
St. Charles has an unemployment rate of 4.6%. The US average is 6.0%.
St. Charles has seen the job market increase by 2.2% over the last year. Future job growth over the next ten years is predicted to be 30.7%, which is lower than the US average of 33.5%.
Tax Rates for St. Charles
- The Sales Tax Rate for St. Charles is 8.3%. The US average is 7.3%.
- The Income Tax Rate for St. Charles 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 St. Charles
- The average income of a St. Charles resident is $45,270 a year. The US average is $28,555 a year.
- The Median household income of a St. Charles resident is $106,069 a year. The US average is $69,021 a year.