62356 New Canton, IL is a small town located in western Illinois. It has a population of around 1,000 people and is known for its rural charm. The town offers affordable housing options with median 2 bedroom rent being $680 which is much lower than the US average of $1430. Additionally, the town's grocery cost index of 91 is also significantly lower than the US index of 100. All in all life in 62356 New Canton, IL can be quite affordable.
The town is home to many local businesses offering services such as lawn care, auto repair, and retail shops. For instance businesses like Brown’s Lawn Care & Snow Removal provide year round lawn care services while J&K Automotive Services offer car repairs for any make or model vehicle. Variety Plus provides everything from groceries to home improvement items making it a one-stop shop for all your needs.
All in all 62356 New Canton, IL offers an affordable cost of living with plenty of local businesses to choose from when looking for goods and services.
New Canton (zip 62356) has an unemployment rate of 4.8%. The US average is 6.0%.
New Canton (zip 62356) has seen the job market decrease by -6.2% over the last year. Future job growth over the next ten years is predicted to be 13.7%, which is lower than the US average of 33.5%.
Tax Rates for New Canton (zip 62356)
- The Sales Tax Rate for New Canton (zip 62356) is 7.8%. The US average is 7.3%.
- The Income Tax Rate for New Canton (zip 62356) 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 Canton (zip 62356)
- The average income of a New Canton (zip 62356) resident is $22,004 a year. The US average is $37,638 a year.
- The Median household income of a New Canton (zip 62356) resident is $59,750 a year. The US average is $69,021 a year.