Clay City, IL is a small city located in the state of Illinois. With a population of around 1,400, Clay City is a great place to live and work. The town has many local businesses such as Clay City Feed Company, J&R Appliance Repair, and D & D Automotive. Rent for two bedroom apartments is quite affordable at $690 compared to the national average of $1,430. Additionally, groceries are quite affordable with the Grocery Cost Index in Clay City being 91 versus 100 in the US. For those looking for an affordable lifestyle with plenty of local amenities, Clay City is an ideal place to call home.
Clay City has an unemployment rate of 6.2%. The US average is 6.0%.
Clay City has seen the job market decrease by -8.9% over the last year. Future job growth over the next ten years is predicted to be 33.7%, which is higher than the US average of 33.5%.
Tax Rates for Clay City
- The Sales Tax Rate for Clay City is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Clay City 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 Clay City
- The average income of a Clay City resident is $22,450 a year. The US average is $37,638 a year.
- The Median household income of a Clay City resident is $48,304 a year. The US average is $69,021 a year.