Clayton, IL is a small city located in Southern Illinois. It offers a quiet suburban lifestyle with some great job opportunities. Fortune 500 companies such as Caterpillar and Archer Daniels Midland are among the local companies that employ many of the city's residents. Despite its size, Clayton provides amenities comparable to other larger cities. The average rent for a two-bedroom apartment is $820 which is much lower than the US average of $1,430. Additionally, grocery costs in Clayton have a Grocery Cost Index of 91 versus 100 in the US, meaning groceries here are relatively inexpensive compared to other places in the country. All of this makes Clayton an attractive place to live for those looking for a peaceful life away from bigger urban areas.
Clayton has an unemployment rate of 4.4%. The US average is 6.0%.
Clayton has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 28.6%, which is lower than the US average of 33.5%.
Tax Rates for Clayton
- The Sales Tax Rate for Clayton is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Clayton 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 Clayton
- The average income of a Clayton resident is $18,551 a year. The US average is $28,555 a year.
- The Median household income of a Clayton resident is $47,386 a year. The US average is $69,021 a year.