Lake Holiday, IL is a great place to live. It is located in south-central Illinois and offers many amenities for residents to enjoy. Rent for two bedroom apartments is very affordable at $1,310 per month versus the US average of $1,430. The Grocery Cost Index in Lake Holiday is 99 compared to 100 in the rest of the US, making it a great value for groceries as well. Local businesses in Lake Holiday include Fahey & Associates Inc., State Bank of Lincoln, and Farmers Insurance Group. Shopping and dining options are plentiful too with stores like Walmart Supercenter and eateries like Windmill Family Restaurant. Overall, Lake Holiday offers an ideal balance between affordability and quality services that make it an attractive place to live compared to other areas of the United States.
Lake Holiday has an unemployment rate of 7.3%. The US average is 6.0%.
Lake Holiday has seen the job market decrease by -8.3% over the last year. Future job growth over the next ten years is predicted to be 20.0%, which is lower than the US average of 33.5%.
Tax Rates for Lake Holiday
- The Sales Tax Rate for Lake Holiday is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Lake Holiday 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 Holiday
- The average income of a Lake Holiday resident is $34,593 a year. The US average is $37,638 a year.
- The Median household income of a Lake Holiday resident is $83,703 a year. The US average is $69,021 a year.