Deer Creek, IL Economy


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Deer Creek, IL is a small town located in Illinois with a population of around 4,000 people. The cost of living in Deer Creek is relatively affordable compared to the US average; 2 bedroom rent averages around $1,050 per month, and the Grocery Cost Index stands at 95 versus 100 in the US. Residents of Deer Creek enjoy local amenities such as Forest View Golf Course, Deer Creek Park District and numerous restaurants like Dutchess Bakery and Gillic’s Pizza & Pub. In addition, there are several local businesses such as a grocery store, butcher shop, and farmers market that cater to the needs of residents living in Deer Creek.

Deer Creek has an unemployment rate of 5.7%. The US average is 6.0%.

Deer Creek has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 19.4%, which is lower than the US average of 33.5%.

Tax Rates for Deer Creek
- The Sales Tax Rate for Deer Creek is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Deer Creek 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 Deer Creek
- The average income of a Deer Creek resident is $24,958 a year. The US average is $28,555 a year.
- The Median household income of a Deer Creek resident is $69,018 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyDeer Creek, IllinoisUnited States
  5.76
  -7.5%-6.2%
  19.4%33.5%
  6.8%6.2%
  5.0%4.6%
  $31,741$37,638
  $69,018$69,021
  $82,500$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  10.9%6.8%
  11.9%10.0%
  0.9%2.5%
  10.0%11.0%
  5.5%4.8%
  1.5%0.8%
  4.0%1.9%
  14.6%4.7%
  0.0%1.9%
  3.0%7.6%
  0.0%0.1%
  6.1%4.2%
  7.0%9.3%
  14.9%14.0%
  2.1%2.1%
  1.2%7.0%
  4.3%4.8%
  2.1%4.7%
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