Millstadt, Illinois is a charming small town located in St. Clair County. With only 2,350 people living in the city, it is a popular destination for those looking to escape the hustle and bustle of big cities without sacrificing amenities. The median 2 bedroom rent comes in at $930 per month—much lower than the national average of $1,430—making it an affordable option for singles or families. Grocery prices here are also cheaper than most places in the US; Millstadt’s grocery cost index is 97 compared to 100 nationally.
The city has several local companies offering employment opportunities for its residents. Notable companies include PlaceOne Builders, a construction company that specializes in residential building projects; Mid-America Machine & Gear Co., a machine shop that manufactures industrial parts; and Millstadt Community Care Center (MCCC), which provides healthcare services to the community. Additionally, there are many jobs available in the hospitality industry from restaurants like Paul's Little Italy and bars such as The Lockhouse Bar & Grill.
Overall, Millstadt is an excellent place to live with its location near St. Louis and its affordability when compared to other areas of the country. With plentiful job opportunities and friendly neighbors, it’s easy to see why so many people flock to this small town each year!
Millstadt (zip 62260) has an unemployment rate of 6.7%. The US average is 6.0%.
Millstadt (zip 62260) has seen the job market decrease by -6.7% over the last year. Future job growth over the next ten years is predicted to be 30.1%, which is lower than the US average of 33.5%.
Tax Rates for Millstadt (zip 62260)
- The Sales Tax Rate for Millstadt (zip 62260) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Millstadt (zip 62260) 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 Millstadt (zip 62260)
- The average income of a Millstadt (zip 62260) resident is $41,722 a year. The US average is $37,638 a year.
- The Median household income of a Millstadt (zip 62260) resident is $80,574 a year. The US average is $69,021 a year.