Ladd, IL is a rural town located in Bureau County about 100 miles southwest of Chicago. Despite its small size it offers its residents an affordable cost of living with a median 2 bedroom rental rate at $800 and an average grocery cost index at 92, which is lower than the US average. The town is home to several local businesses including Norel Construction Inc., Poppy's Pizza & Pub, and Big Jim's Pawn Shop. Ladd also has many unique amenities that make it a great place to live such as Smith Park, which features playground equipment and recreational activities for children. Overall, Ladd is a great place to call home with plenty of amenities and low cost living.
Ladd has an unemployment rate of 6.3%. The US average is 6.0%.
Ladd has seen the job market increase by 2.3% over the last year. Future job growth over the next ten years is predicted to be 33.9%, which is higher than the US average of 33.5%.
Tax Rates for Ladd
- The Sales Tax Rate for Ladd is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Ladd 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 Ladd
- The average income of a Ladd resident is $28,181 a year. The US average is $28,555 a year.
- The Median household income of a Ladd resident is $61,319 a year. The US average is $69,021 a year.