Allendale, IL Economy


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United States / Illinois / No Metro Area / Wabash County / Allendale / Zip Codes
Allendale, IL is a great place to live. It has a wide variety of local companies to work for and shop from. The cost of living is very affordable compared to the US average; rent for a 2 bedroom apartment averages at $760 and the Grocery Cost Index comes in at 92 compared to the national average of 100. Popular local companies are Allendale Tire & Automotive, Allendale Bakery & Cafe, Allendale Auto Repair, and McElhiney Home Improvement Center. Allendale is a great place to live, with its low cost of living and abundance of businesses.

Allendale has an unemployment rate of 5.1%. The US average is 6.0%.

Allendale has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 26.8%, which is lower than the US average of 33.5%.

Tax Rates for Allendale
- The Sales Tax Rate for Allendale is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Allendale 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 Allendale
- The average income of a Allendale resident is $19,267 a year. The US average is $28,555 a year.
- The Median household income of a Allendale resident is $75,234 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAllendale, IllinoisUnited States
  5.16
  -6.8%-6.2%
  26.8%33.5%
  7.3%6.2%
  5.0%4.6%
  $24,632$37,638
  $75,234$69,021
  $76,667$85,028
  Population by Occupation
  1.5%1.2%
  10.0%0.5%
  8.5%6.8%
  13.9%10.0%
  0.0%2.5%
  9.3%11.0%
  1.2%4.8%
  1.9%0.8%
  0.4%1.9%
  2.3%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  3.1%4.2%
  7.7%9.3%
  18.9%14.0%
  2.3%2.1%
  4.2%7.0%
  5.0%4.8%
  9.7%4.7%
Health
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