Mokena, IL Economy


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Mokena, IL is an affluent village in Will County, Illinois. With a population of over 20,000 residents, the village is known for its quality education and healthcare systems. The median income of Mokena households is above the national average. The 2 Bedroom Rent in Mokena is $1,370 which is lower than the US median rent rate of $1,430. Additionally, the grocery cost index in the area is 99 versus 100 in the US.
The village has various local companies such as Main Street Barber Shop, Rizzo’s Bar & Grill, Twin Oaks Golf Club and Spa, Mokena Animal Hospital and more. These businesses are key drivers of economic activity within the community and contribute significantly to its local economy.

Mokena has an unemployment rate of 7.1%. The US average is 6.0%.

Mokena 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 27.9%, which is lower than the US average of 33.5%.

Tax Rates for Mokena
- The Sales Tax Rate for Mokena is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Mokena 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 Mokena
- The average income of a Mokena resident is $38,802 a year. The US average is $28,555 a year.
- The Median household income of a Mokena resident is $114,455 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMokena, IllinoisUnited States
  7.16
  -9.5%-6.2%
  27.9%33.5%
  7.0%6.2%
  5.0%4.6%
  $48,998$37,638
  $114,455$69,021
  $140,446$85,028
  Population by Occupation
  0.1%1.2%
  0.0%0.5%
  8.4%6.8%
  9.0%10.0%
  3.3%2.5%
  10.3%11.0%
  3.5%4.8%
  0.6%0.8%
  1.1%1.9%
  7.3%4.7%
  1.1%1.9%
  7.3%7.6%
  0.0%0.1%
  1.9%4.2%
  12.5%9.3%
  16.3%14.0%
  2.2%2.1%
  4.1%7.0%
  6.4%4.8%
  4.5%4.7%
Reviews for Mokena
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Mokena has a great school disrict if you are looking to raise your children here. Housing is medium priced, $200,000. to $350,000, but can go as high as a million. 30  More

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