Crescent City, IL Economy


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United States / Illinois / No Metro Area / Iroquois County / Crescent City / Zip Codes
Crescent City, IL is a small city located in Coles County. It is a great place to live due to its low cost of living, particularly when it comes to housing - the average 2 bedroom apartment rent costs just $750 which is significantly lower than the national average of $1,430. Additionally, grocery prices are also cheaper here with a cost index of 92 compared to the US average of 100. The city has many local businesses and landmarks including Crescent City Public Library and The Red Fox Inn. Those looking for employment can find jobs at companies like Big River Equipment and Love's Country Store. With its cost of living, local businesses and beautiful natural surroundings Crescent City is an ideal place for those looking for a new home.

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

Crescent City 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 Crescent City
- The Sales Tax Rate for Crescent City is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Crescent City 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 Crescent City
- The average income of a Crescent City resident is $20,405 a year. The US average is $28,555 a year.
- The Median household income of a Crescent City resident is $58,661 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCrescent City, IllinoisUnited States
  5.66
  -7.7%-6.2%
  27.3%33.5%
  6.5%6.2%
  5.0%4.6%
  $31,253$37,638
  $58,661$69,021
  $70,417$85,028
  Population by Occupation
  3.0%1.2%
  0.0%0.5%
  6.8%6.8%
  8.9%10.0%
  3.8%2.5%
  10.2%11.0%
  5.9%4.8%
  2.1%0.8%
  2.1%1.9%
  8.5%4.7%
  0.0%1.9%
  1.3%7.6%
  0.0%0.1%
  0.8%4.2%
  7.6%9.3%
  17.4%14.0%
  1.3%2.1%
  7.2%7.0%
  2.1%4.8%
  11.0%4.7%
Health
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