Bradley, IL Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Bradley, IL is a charming city located in Will County with a population of around 10,000 residents. The city offers a variety of amenities and activities to its citizens; the downtown area has numerous small businesses such as local restaurants, cafes, boutiques, and other specialty stores. Additionally, Bradley is the home of several larger companies including US Foods and KFC Logistics.
In terms of housing costs, Bradley is an affordable place to live. According to recent data, the average rent for a two-bedroom apartment in Bradley is $1,130 per month which is significantly lower than the national average of $1,430. Similarly, Grocery Cost Index in Bradley is 95 compared to 100 nationwide. This makes it easy for residents to access groceries at reasonable prices.

Bradley has an unemployment rate of 7.5%. The US average is 6.0%.

Bradley has seen the job market increase by 5.1% over the last year. Future job growth over the next ten years is predicted to be 38.9%, which is higher than the US average of 33.5%.

Tax Rates for Bradley
- The Sales Tax Rate for Bradley is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Bradley 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 Bradley
- The average income of a Bradley resident is $26,257 a year. The US average is $28,555 a year.
- The Median household income of a Bradley resident is $57,958 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBradley, IllinoisUnited States
  7.56
  -7.7%-6.2%
  38.9%33.5%
  6.3%6.2%
  5.0%4.6%
  $28,866$37,638
  $57,958$69,021
  $71,207$85,028
  Population by Occupation
  0.6%1.2%
  0.0%0.5%
  5.2%6.8%
  15.6%10.0%
  1.6%2.5%
  13.7%11.0%
  7.0%4.8%
  0.3%0.8%
  2.0%1.9%
  5.9%4.7%
  1.1%1.9%
  3.8%7.6%
  0.0%0.1%
  1.9%4.2%
  8.6%9.3%
  16.9%14.0%
  1.2%2.1%
  8.7%7.0%
  4.1%4.8%
  2.0%4.7%
Health
Compare Bradley, IL
cost of living
Compare food, housing, utilities, and more in Bradley, Illinois to any other city in the US.