This section is generated from cached city metrics and clearly labeled state-level benchmarks. It is meant to make the Red Bud page less generic and more useful for comparing housing, income, utilities, taxes, insurance, demographics, and nearby alternatives.
Affordability Summary
Population is 3,789, so Red Bud should be compared with similar-size places before using broader Illinois averages. Median household income is $68,051, so the best affordability read for Red Bud is income versus housing, taxes, utilities, and insurance together.
Median home value is $170,300, so ownership costs in Red Bud should be checked with mortgage, property tax, insurance, and maintenance assumptions. Two-bedroom rent is $810/mo, so renters can compare Red Bud against ownership costs and nearby rental markets.
Housing and Income Context
For Red Bud, income sits in the middle range, making recurring bills worth watching. Home values are comparatively low, but maintenance, taxes, and utilities still matter.
Use the home value, rent, and income fields together before deciding whether Red Bud looks more favorable for renting, buying, or comparing with Waterloo, IL.
Utility Cost Context
The residential electricity benchmark is $0.189/kWh, so Red Bud households should treat usage, home size, heating, and cooling as the practical bill drivers. The electricity value shown for Red Bud is a Illinois state-level EIA benchmark, so it should not be read as a local provider tariff.
For Red Bud, utility planning is stronger when the electric benchmark is paired with home age, square footage, insulation, HVAC equipment, and household occupancy.
Property Tax Context
Median property tax paid is $2,702, so Red Bud buyers should still verify parcel-specific tax records before budgeting. Parcel boundaries, exemptions, school districts, and reassessment rules can move the actual bill for a Red Bud address.
Compare the property tax field with home value rather than reading it by itself; a lower tax bill can still pair with a different assessment base or exemption profile.
Insurance and Risk Context
Insurance costs in Red Bud depend on address-level factors such as roof condition, structure age, coverage limits, claims history, deductible choice, and carrier underwriting.
Home value, tax burden, and insurance exposure should be reviewed together for Red Bud, especially when comparing with Waterloo, IL.
Population and Demographics
Median age is 39.8, so Red Bud may have different school, commute, healthcare, and housing demand patterns than a statewide average. Bachelor+ share is 23.2%, so Red Bud education context can be useful when reading labor-market and school sections.
Unemployment is 5.1%, so Red Bud wage and job-market context should be compared with commute options and regional employment centers.