62278 Red Bud, IL is an ideal place to live for those looking for a small town atmosphere with big city amenities. The 2 bedroom rent in Red Bud is $830, making it significantly lower than the US average of $1,430. Additionally, the Grocery Cost Index in Red Bud is 96 versus 100 in the US, meaning groceries are slightly cheaper in this area. Red Bud has numerous local businesses such as Greco Antiques and Collectibles, Jacksons Automotive Repair and Big Muddy Barbecue to meet most needs. With its low rent cost and grocery prices combined with its vibrant downtown community and many local businesses to support daily needs, 62278 Red Bud makes living there affordable and desirable.
Red Bud (zip 62278) has an unemployment rate of 4.4%. The US average is 6.0%.
Red Bud (zip 62278) has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 25.7%, which is lower than the US average of 33.5%.
Tax Rates for Red Bud (zip 62278)
- The Sales Tax Rate for Red Bud (zip 62278) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Red Bud (zip 62278) 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 Red Bud (zip 62278)
- The average income of a Red Bud (zip 62278) resident is $27,575 a year. The US average is $28,555 a year.
- The Median household income of a Red Bud (zip 62278) resident is $67,263 a year. The US average is $69,021 a year.