LaPlace, IL is a small town located in St. Clair County. It is home to many popular companies such as Family Video, Walgreens, Burger King, and Walmart. The local economy is primarily based on manufacturing and agriculture with a diverse range of retail stores scattered throughout the area. Rent for two-bedroom apartments is much more affordable in LaPlace than elsewhere in the US at only $870 per month compared to $1,430 per month on average in the US. Additionally, grocery prices are also lower with a Grocery Cost Index of 90 versus 100 in the US. This makes it an ideal place to live for those looking for an affordable living option while still being close enough to larger cities like St Louis to access amenities that are not available within the city itself.
LaPlace has an unemployment rate of 4.3%. The US average is 6.0%.
LaPlace has seen the job market decrease by -4.4% over the last year. Future job growth over the next ten years is predicted to be 32.7%, which is lower than the US average of 33.5%.
Tax Rates for LaPlace
- The Sales Tax Rate for LaPlace is 7.3%. The US average is 7.3%.
- The Income Tax Rate for LaPlace 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 LaPlace
- The average income of a LaPlace resident is $50,433 a year. The US average is $37,638 a year.
- The Median household income of a LaPlace resident is $81,016 a year. The US average is $69,021 a year.