The small town of New Douglas, IL (62074) has a lower cost of living than the US average. The average 2 Bedroom rent in New Douglas is $840, which is 41% cheaper than the national average of $1,430. When it comes to groceries, the Grocery Cost Index in New Douglas is 95, compared to 100 for the US.
Local companies such as Kimmers Grocery & Meats offer fresher-than-the-supermarket produce at low prices. Other local grocers include Piggly Wiggly and New Douglas Market. For other shopping needs, there's Dollar General and Walmart Supercenter located nearby.
New Douglas (zip 62074) has an unemployment rate of 5.4%. The US average is 6.0%.
New Douglas (zip 62074) 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 31.5%, which is lower than the US average of 33.5%.
Tax Rates for New Douglas (zip 62074)
- The Sales Tax Rate for New Douglas (zip 62074) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for New Douglas (zip 62074) 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 Douglas (zip 62074)
- The average income of a New Douglas (zip 62074) resident is $35,396 a year. The US average is $37,638 a year.
- The Median household income of a New Douglas (zip 62074) resident is $69,572 a year. The US average is $69,021 a year.