Lost Nation, IL is a small town located in the Midwest with an estimated population of 4,000 people. It is known for its affordability, as evidenced by the average 2-bedroom rental cost of $770 per month, which is well below the US average of $1430. Additionally, it boasts a low Grocery Cost Index score of 94 compared to 100 in the US.
Lost Nation is home to several local businesses including Lost Nation Foods, Lost Nation Auto Parts and Supply Store, and The Lucky Dog Bakery & Cafe. Lost Nation Foods offers produce from local farms as well as pantry items and grocery staples. Lost Nation Auto Parts and Supply Store has all the car parts and supplies one might need for any repair or upgrade job. Finally The Lucky Dog Bakery & Cafe serves up delicious baked goods as well as gourmet coffees and teas.
Lost Nation has an unemployment rate of 6.3%. The US average is 6.0%.
Lost Nation has seen the job market decrease by -7.0% over the last year. Future job growth over the next ten years is predicted to be 21.9%, which is lower than the US average of 33.5%.
Tax Rates for Lost Nation
- The Sales Tax Rate for Lost Nation is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Lost Nation 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 Lost Nation
- The average income of a Lost Nation resident is $64,019 a year. The US average is $37,638 a year.
- The Median household income of a Lost Nation resident is $98,846 a year. The US average is $69,021 a year.