Lake Catherine, IL is a small town nestled in the midwestern United States. The cost of living here is relatively low, and two bedroom rentals are about $1,270, lower than the US average of $1,430. Additionally, the grocery cost index is 96, slightly lower than the index for the US as a whole. There are many local businesses that make Lake Catherine an attractive place to live including markets such as Lake Catherine Supermarket, restaurants like Big Daddy's Kitchen, and entertainment venues like Camp Croix Park and Skatepark. For those who enjoy nature there are many outdoor activities available at nearby parks such as Sunflower Wildlife Refuge. All in all, Lake Catherine offers an affordable lifestyle with plenty of local attractions to keep you busy and entertained.
Lake Catherine has an unemployment rate of 6.4%. The US average is 6.0%.
Lake Catherine has seen the job market increase by 2.4% over the last year. Future job growth over the next ten years is predicted to be 32.8%, which is lower than the US average of 33.5%.
Tax Rates for Lake Catherine
- The Sales Tax Rate for Lake Catherine is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Lake Catherine 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 Lake Catherine
- The average income of a Lake Catherine resident is $45,067 a year. The US average is $37,638 a year.
- The Median household income of a Lake Catherine resident is $81,364 a year. The US average is $69,021 a year.