Claremont, IL is a small town located in the northern part of Illinois. It is known for its affordability and peaceful atmosphere. The average 2 bedroom rent in Claremont is $680, significantly cheaper than the US average of $1,430. Additionally, the cost of living is approximately 8% lower than the national average with a Grocery Cost Index of 92 verses 100 in the US. These factors make Claremont an attractive place to live for families looking for an affordable and relaxed lifestyle. Popular local companies include Jensen Auto Repair, Landscape Gardening Services, and Claremont Senior Living Community.
Claremont has an unemployment rate of 4.6%. The US average is 6.0%.
Claremont has seen the job market increase by 2.8% over the last year. Future job growth over the next ten years is predicted to be 33.8%, which is higher than the US average of 33.5%.
Tax Rates for Claremont
- The Sales Tax Rate for Claremont is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Claremont 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 Claremont
- The average income of a Claremont resident is $35,081 a year. The US average is $28,555 a year.
- The Median household income of a Claremont resident is $34,250 a year. The US average is $69,021 a year.