Joliet, IL Economy


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Joliet, IL is a great city located in the state of Illinois. With a 2 bedroom rent of $1,580 and a grocery cost index of 96 (versus 100 in the US), it's an affordable place to live and visit. The city has many local companies such as Caterpillar Inc., Exelon Corp., and Guardian Industries – each offering unique services to the community. Popular tourist attractions in Joliet include Rialto Square Theatre, Pilcher Park Nature Center, and Joliet Slammers Baseball. Whether you're looking for culture, nature or sports, there are plenty of things for everyone to enjoy during their stay in Joliet.

Joliet has an unemployment rate of 9.4%. The US average is 6.0%.

Joliet has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 26.3%, which is lower than the US average of 33.5%.

Tax Rates for Joliet
- The Sales Tax Rate for Joliet is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Joliet 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 Joliet
- The average income of a Joliet resident is $24,461 a year. The US average is $28,555 a year.
- The Median household income of a Joliet resident is $77,373 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyJoliet, IllinoisUnited States
  9.46
  -9.5%-6.2%
  26.3%33.5%
  8.8%6.2%
  5.0%4.6%
  $31,390$37,638
  $77,373$69,021
  $91,207$85,028
  Population by Occupation
  0.2%1.2%
  0.1%0.5%
  6.8%6.8%
  11.2%10.0%
  3.0%2.5%
  12.1%11.0%
  10.4%4.8%
  0.8%0.8%
  1.5%1.9%
  3.9%4.7%
  1.0%1.9%
  3.7%7.6%
  0.1%0.1%
  5.1%4.2%
  8.7%9.3%
  13.2%14.0%
  2.1%2.1%
  7.5%7.0%
  4.2%4.8%
  4.4%4.7%
Reviews for Joliet
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Over 10 years ago

Great place to live !!!!!!!!!! Lived in Naperville for 30 years in that rat race ! Came herE bought a home reallll cheap and neighbors are great and taxes are low ! Lots  More

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Over 10 years ago

its laid back mixed town people mind to them self.I like it at first I didn't but it grew on me anyway overall its a nice place to  More

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Over 12 years ago

The West side of town above the Bluffs is filled with stately Victorian homes. Public gatherings on major holidays are  More

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