La Prairie, IL Economy


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La Prairie, IL is a charming small town located in the state of Illinois. It has a cozy atmosphere that makes it a great place to live. With a population of just over 1,000 people, La Prairie is an affordable alternative to larger cities. Rent for a two-bedroom apartment in La Prairie is around $730 per month, which is significantly lower than the US average of $1,430. Grocery costs are also much cheaper at just 91 on the US index versus 100. Businesses in La Prairie include grocery stores like Dixon's Market, banks such as Bank of America and restaurants like Mama's Cafe & Bakery. The overall cost of living in La Prairie is quite low compared to other areas in the US, making it an ideal place for those looking for an affordable home or vacation spot.

La Prairie has an unemployment rate of 4.4%. The US average is 6.0%.

La Prairie 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 La Prairie
- The Sales Tax Rate for La Prairie is 6.5%. The US average is 7.3%.
- The Income Tax Rate for La 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 La Prairie
- The average income of a La Prairie resident is $16,132 a year. The US average is $28,555 a year.
- The Median household income of a La Prairie resident is $70,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLa Prairie, IllinoisUnited States
  4.46
  -6.3%-6.2%
  28.6%33.5%
  6.5%6.2%
  5.0%4.6%
  $19,608$37,638
  $70,000$69,021
  $71,111$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  12.5%6.8%
  0.0%10.0%
  12.5%2.5%
  12.5%11.0%
  8.3%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  0.0%9.3%
  20.8%14.0%
  0.0%2.1%
  0.0%7.0%
  29.2%4.8%
  4.2%4.7%
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