Centreville, IL Economy


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Centreville, IL is a small town located in St. Clair County with a population of around 2,500 people. The cost of living in Centreville is quite affordable, as rent for a two-bedroom apartment is $920 per month compared to the national average of $1,430. Additionally, the Grocery Cost Index in Centreville is 90 versus 100 in the US. This further makes it easier and cheaper to live in Centreville.
The town has many local businesses which include grocery stores such as Fresh Market and IGA, hardware stores like True Value and Ace Hardware, restaurants like Applebee's and Burger King, gas stations like Shell and BP, drugstores like Walgreens and CVS, and banks such as Bank of America and Fifth Third Bank. All these shops provide the necessary services for the residents of Centreville.

Centreville has an unemployment rate of 6.7%. The US average is 6.0%.

Centreville has seen the job market increase by 2.1% over the last year. Future job growth over the next ten years is predicted to be 30.1%, which is lower than the US average of 33.5%.

Tax Rates for Centreville
- The Sales Tax Rate for Centreville is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Centreville 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 Centreville
- The average income of a Centreville resident is $12,776 a year. The US average is $28,555 a year.
- The Median household income of a Centreville resident is $24,088 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCentreville, IllinoisUnited States
  6.76
  -6.7%-6.2%
  30.1%33.5%
  7.4%6.2%
  5.0%4.6%
  $21,046$37,638
  $24,088$69,021
  $26,327$85,028
  Population by Occupation
  2.9%1.2%
  0.0%0.5%
  0.0%6.8%
  5.3%10.0%
  0.4%2.5%
  11.4%11.0%
  14.6%4.8%
  1.5%0.8%
  0.0%1.9%
  3.6%4.7%
  6.2%1.9%
  4.5%7.6%
  0.0%0.1%
  4.9%4.2%
  7.8%9.3%
  13.2%14.0%
  4.2%2.1%
  17.8%7.0%
  0.6%4.8%
  1.2%4.7%
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