New Burnside, IL is a great place to live with plenty of local companies to choose from. The two bedroom rent in the area is significantly lower than the US average at just $860, making it an attractive option for anyone looking for affordable living costs. Grocery costs are also lower in New Burnside, with a Grocery Cost Index of 91 compared to the US average of 100. This cost savings translates into more money that can be used for other activities or investments. Some popular companies located in New Burnside include Adept Construction, Prime Digital Solutions, and Telvely Clothing Company. With these companies and its affordability, New Burnside is a great place to call home.
New Burnside has an unemployment rate of 6.7%. The US average is 6.0%.
New Burnside has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 19.8%, which is lower than the US average of 33.5%.
Tax Rates for New Burnside
- The Sales Tax Rate for New Burnside is 7.8%. The US average is 7.3%.
- The Income Tax Rate for New Burnside 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 Burnside
- The average income of a New Burnside resident is $18,437 a year. The US average is $28,555 a year.
- The Median household income of a New Burnside resident is $34,063 a year. The US average is $69,021 a year.