The town of Braidwood, IL (zip code 60408) is an ideal location for those seeking affordable housing and grocery costs. The 2 bedroom rent in Braidwood is $1,230 compared to the US average of $1,430, making housing more affordable than many other locations. Additionally, the Grocery Cost Index in Braidwood is 95 versus 100 in the US which means groceries are cheaper here as well.
Braidwood is home to several companies such as National Express Corporation, Wabash Valley Power Association Inc., Covia Holdings Corporation and Kankakee-Iroquois Regional Office of Education. These companies provide valuable local jobs and career opportunities within the community.
Braidwood (zip 60408) has an unemployment rate of 7.1%. The US average is 6.0%.
Braidwood (zip 60408) has seen the job market decrease by -9.5% over the last year. Future job growth over the next ten years is predicted to be 27.9%, which is lower than the US average of 33.5%.
Tax Rates for Braidwood (zip 60408)
- The Sales Tax Rate for Braidwood (zip 60408) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Braidwood (zip 60408) 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 Braidwood (zip 60408)
- The average income of a Braidwood (zip 60408) resident is $36,165 a year. The US average is $37,638 a year.
- The Median household income of a Braidwood (zip 60408) resident is $77,847 a year. The US average is $69,021 a year.