Richland County, IL Economy


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United States / Illinois / No Metro Area / Richland County / Cities / Zip Codes
Richland, IL County is a great place to live and work. It has a beautiful landscape with rolling hills and woods, making it an ideal destination for outdoor recreation. The area has a strong economy with local businesses such as Richland Oil Company, Richland Auto Repair, and Richland Grocery Store providing essential services to the community. The cost of living in Richland is quite affordable; the average rent for a two-bedroom apartment is $770 compared to the US average of $1,430. Additionally, the grocery cost index in Richland is 92 versus 100 in the US. Overall, Richland offers its residents excellent value for their money.

Richland County has an unemployment rate of 4.6%. The US average is 6.0%.

Richland County has seen the job market increase by 2.8% over the last year. Future job growth over the next ten years is predicted to be 33.8%, which is higher than the US average of 33.5%.

Tax Rates for Richland County
- The Sales Tax Rate for Richland County is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Richland County 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 Richland County
- The average income of a Richland County resident is $23,996 a year. The US average is $28,555 a year.
- The Median household income of a Richland County resident is $59,963 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRichland, IllinoisUnited States
  4.66
  -1.6%-6.2%
  33.8%33.5%
  7.8%6.2%
  5.0%4.6%
  $28,899$37,638
  $59,963$69,021
  $72,994$85,028
  Population by Occupation
  3.7%1.2%
  0.6%0.5%
  4.8%6.8%
  17.7%10.0%
  2.5%2.5%
  18.9%11.0%
  6.2%4.8%
  0.5%0.8%
  0.5%1.9%
  3.3%4.7%
  0.3%1.9%
  1.9%7.6%
  0.0%0.1%
  1.7%4.2%
  7.2%9.3%
  14.7%14.0%
  0.4%2.1%
  8.6%7.0%
  3.9%4.8%
  2.4%4.7%
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