Divernon, IL Economy


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Divernon, IL is a great place to live and work. The 2 Bedroom Rent in Divernon is only $920, making it much more affordable than the US 2 Bedroom Rent of $1,430. Grocery Cost Index in Divernon is also lower than the US average at 93 versus 100. This makes it an attractive option for many people looking for an affordable place to call home. \nAside from its affordability, Divernon has many local businesses that offer a variety of services and products. Some of these include the Divernon Family Mart, Divernon Auto Care Center, and Ko Ho's Martial Arts Academy. Additionally, there are plenty of parks and recreational activities in the area such as Lake Sangchris State Park and Jim Edgar Panther Creek State Fish & Wildlife Area. These provide great places to go outdoor adventuring with friends or family.

Divernon has an unemployment rate of 6.3%. The US average is 6.0%.

Divernon has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 22.7%, which is lower than the US average of 33.5%.

Tax Rates for Divernon
- The Sales Tax Rate for Divernon is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Divernon 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 Divernon
- The average income of a Divernon resident is $25,775 a year. The US average is $28,555 a year.
- The Median household income of a Divernon resident is $62,885 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyDivernon, IllinoisUnited States
  6.36
  -7.4%-6.2%
  22.7%33.5%
  6.3%6.2%
  5.0%4.6%
  $28,949$37,638
  $62,885$69,021
  $74,375$85,028
  Population by Occupation
  1.2%1.2%
  0.0%0.5%
  3.4%6.8%
  6.1%10.0%
  6.7%2.5%
  12.6%11.0%
  5.5%4.8%
  3.6%0.8%
  2.4%1.9%
  7.0%4.7%
  0.7%1.9%
  4.1%7.6%
  0.0%0.1%
  2.6%4.2%
  6.8%9.3%
  13.3%14.0%
  3.4%2.1%
  6.3%7.0%
  8.7%4.8%
  5.6%4.7%
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