Beaverville, IL Economy


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United States / Illinois / No Metro Area / Iroquois County / Beaverville / Zip Codes
Beaverville, IL is a small town located in Iroquois County in Illinois. The cost of living there is lower than the national average due to its 2 bedroom rent being $710 compared to the US average of $1,430. Other costs such as groceries are also lower with a grocery cost index of 91 versus the national average of 100. Despite being a small town, Beaverville has plenty of attractions and amenities for visitors and locals alike. It is home to local companies such as Beaverville Grain Company and Primrose Farms LLC that provide jobs and services to the community. It also boasts popular attractions such as Iroquois County Historical Museum, Iroquois State Wildlife Area, and Iroquois Memorial Park which offer recreational activities for both adults and children alike.

Beaverville has an unemployment rate of 5.6%. The US average is 6.0%.

Beaverville has seen the job market increase by 1.5% over the last year. Future job growth over the next ten years is predicted to be 27.3%, which is lower than the US average of 33.5%.

Tax Rates for Beaverville
- The Sales Tax Rate for Beaverville is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Beaverville 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 Beaverville
- The average income of a Beaverville resident is $19,270 a year. The US average is $28,555 a year.
- The Median household income of a Beaverville resident is $50,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBeaverville, IllinoisUnited States
  5.66
  -7.7%-6.2%
  27.3%33.5%
  6.5%6.2%
  5.0%4.6%
  $23,261$37,638
  $50,000$69,021
  $63,125$85,028
  Population by Occupation
  2.0%1.2%
  0.0%0.5%
  5.4%6.8%
  16.9%10.0%
  8.1%2.5%
  10.8%11.0%
  12.8%4.8%
  2.7%0.8%
  6.8%1.9%
  3.4%4.7%
  0.7%1.9%
  2.7%7.6%
  0.0%0.1%
  3.4%4.2%
  8.1%9.3%
  10.8%14.0%
  0.7%2.1%
  2.7%7.0%
  2.0%4.8%
  0.0%4.7%
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