Cisco, IL Economy


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Cisco, IL is a small village located in DeWitt County, Illinois. It is known for its quaint atmosphere and close-knit community. The city boasts many local amenities such as stores, restaurants, and schools. The average two-bedroom rent in Cisco is $890 which is significantly lower than the US average of $1,430. Additionally, the cost of groceries in Cisco are approximately 92 compared to 100 on average throughout the US. This makes Cisco an attractive location for those looking to save money on housing costs as well as groceries. Notable businesses based out of Cisco include Western Illinois Oil Company and IGA Grocery Store. All things considered, Cisco proves to be a great place to live with its affordable costs of living and local businesses providing convenience to all residents.

Cisco has an unemployment rate of 4.3%. The US average is 6.0%.

Cisco has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 32.7%, which is lower than the US average of 33.5%.

Tax Rates for Cisco
- The Sales Tax Rate for Cisco is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Cisco 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 Cisco
- The average income of a Cisco resident is $25,944 a year. The US average is $28,555 a year.
- The Median household income of a Cisco resident is $42,188 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCisco, IllinoisUnited States
  4.36
  -4.4%-6.2%
  32.7%33.5%
  7.3%6.2%
  5.0%4.6%
  $24,765$37,638
  $42,188$69,021
  $56,458$85,028
  Population by Occupation
  7.5%1.2%
  0.0%0.5%
  7.5%6.8%
  7.5%10.0%
  7.5%2.5%
  6.7%11.0%
  9.7%4.8%
  0.0%0.8%
  0.0%1.9%
  3.7%4.7%
  0.0%1.9%
  1.5%7.6%
  0.0%0.1%
  6.7%4.2%
  8.2%9.3%
  11.2%14.0%
  0.0%2.1%
  5.2%7.0%
  15.7%4.8%
  1.5%4.7%
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