Garden Prairie, IL is a village located in Boone County that offers an inexpensive cost of living when compared to the rest of the United States. The average 2 bedroom rent price is just $1,010, while the US average is closer to $1,430. The Grocery Cost Index also shows the same trend with 95 in Garden Prairie versus 100 for the entire US.
The village of Garden Prairie hosts several local companies such as Kitchen Inspirations Cabinetry and Design LLC and J & J Overhead Door Co. The area typically experiences mild weather throughout the year with temperatures ranging between 40-85 degrees Fahrenheit. Summers are warm with occasional thunderstorms while winters see few snow days but lots of cold temperatures.
Garden Prairie has an unemployment rate of 7.8%. The US average is 6.0%.
Garden Prairie has seen the job market increase by 2.5% over the last year. Future job growth over the next ten years is predicted to be 24.0%, which is lower than the US average of 33.5%.
Tax Rates for Garden Prairie
- The Sales Tax Rate for Garden Prairie is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Garden Prairie 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 Garden Prairie
- The average income of a Garden Prairie resident is $18,897 a year. The US average is $28,555 a year.
- The Median household income of a Garden Prairie resident is $52,567 a year. The US average is $69,021 a year.