Mount Clare, IL is a small town located in the Midwest of the United States. The average 2 bedroom rent in the area is $760, making it an affordable place to live. Additionally, according to the Grocery Cost Index, Mount Clare has an index score of 91 compared to 100 in the US, showing that groceries are even more discounted. Local businesses and companies that are popular around Mount Clare include Witzig Construction Co., IGA Grocery Store, State Farm Insurance Agency, and Bank of America. These businesses provide essential services to residents in the area.
Mount Clare has an unemployment rate of 5.0%. The US average is 6.0%.
Mount Clare has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 30.4%, which is lower than the US average of 33.5%.
Tax Rates for Mount Clare
- The Sales Tax Rate for Mount Clare is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Mount Clare 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 Mount Clare
- The average income of a Mount Clare resident is $21,357 a year. The US average is $28,555 a year.
- The Median household income of a Mount Clare resident is $38,750 a year. The US average is $69,021 a year.