New Baden, IL is a small village nestled in Clinton County. The cost of living in the area is quite affordable, with 2 bedroom rents averaging $1,100 per month compared to the US average of $1,430. Additionally, grocery costs in New Baden are 96 compared to 100 in the US. Popular local businesses include New Baden Market and Baden Butcher Shop for groceries and traiditional meats, Moselle's Restaurant for delicious comfort food and drinks, J&S Automotive for auto repair needs, and Rene's Flowers & Gifts for special occasions.
New Baden has an unemployment rate of 3.7%. The US average is 6.0%.
New Baden 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 32.6%, which is lower than the US average of 33.5%.
Tax Rates for New Baden
- The Sales Tax Rate for New Baden is 6.3%. The US average is 7.3%.
- The Income Tax Rate for New Baden 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 New Baden
- The average income of a New Baden resident is $26,941 a year. The US average is $28,555 a year.
- The Median household income of a New Baden resident is $79,662 a year. The US average is $69,021 a year.