Normal, IL Economy


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Normal town, IL is a great place to live with a lower cost of living than the national average. The 2 bedroom rental rate in Normal town is $1,000, which is significantly lower than the US average of $1,430. Other living costs such as groceries are also more affordable; the grocery cost index in Normal town is 96 compared to 100 in the US. There are many locally owned businesses in Normal town that provide excellent services and products for residents. These businesses include a local grocery store, cafe, bakery, hardware store and auto repair shop. All these businesses offer competitive prices and good quality items making it easy for residents to stay within their budget. It's no wonder why so many people are choosing to call Normal town home!

Normal has an unemployment rate of 4.4%. The US average is 6.0%.

Normal has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 23.5%, which is lower than the US average of 33.5%.

Tax Rates for Normal
- The Sales Tax Rate for Normal is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Normal 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 Normal
- The average income of a Normal resident is $24,881 a year. The US average is $28,555 a year.
- The Median household income of a Normal resident is $58,564 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNormal, IllinoisUnited States
  4.46
  -6.8%-6.2%
  23.5%33.5%
  8.8%6.2%
  5.0%4.6%
  $31,516$37,638
  $58,564$69,021
  $103,981$85,028
  Population by Occupation
  0.5%1.2%
  0.0%0.5%
  2.9%6.8%
  4.8%10.0%
  2.4%2.5%
  12.1%11.0%
  3.1%4.8%
  0.2%0.8%
  0.9%1.9%
  13.7%4.7%
  1.1%1.9%
  5.0%7.6%
  0.0%0.1%
  1.8%4.2%
  20.3%9.3%
  12.5%14.0%
  3.0%2.1%
  9.3%7.0%
  3.6%4.8%
  3.0%4.7%
Reviews for Normal
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While not a perfect town by any stretch of the imagination, I have lived in Normal my entire life and I have to say that there are FAR worse places one could live. The  More

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Over 15 years ago

I would like to know more about the quality of education at Illinois State  More

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With relatively low crime, good schools and excellent access to higher education, Normal is a great place to raise a family. The city is trying to update its city center  More

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