62843 Golden Gate, IL has an average 2 bedroom rent of $620, making it much more affordable than the national average of $1,430. The grocery cost index in Golden Gate is also lower than the US average at 89 versus 100. The small town of Golden Gate is home to several local businesses such as Golden Gate Home Improvement, Golden Gate Auto Sales & Service, and Golden Gate Ice Cream Parlor. These local businesses provide necessary goods and services to the citizens of the community and help to create a strong economic foundation for the area.
Golden Gate (zip 62843) has an unemployment rate of 5.4%. The US average is 6.0%.
Golden Gate (zip 62843) has seen the job market decrease by -6.8% over the last year. Future job growth over the next ten years is predicted to be 6.2%, which is lower than the US average of 33.5%.
Tax Rates for Golden Gate (zip 62843)
- The Sales Tax Rate for Golden Gate (zip 62843) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Golden Gate (zip 62843) 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 Golden Gate (zip 62843)
- The average income of a Golden Gate (zip 62843) resident is $13,946 a year. The US average is $37,638 a year.
- The Median household income of a Golden Gate (zip 62843) resident is $13,974 a year. The US average is $69,021 a year.