Dover, IL Economy


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United States / Illinois / No Metro Area / Bureau County / Dover / Zip Codes
Dover, IL is an affordable small town located in Jo Daviess County. It is home to a variety of local businesses such as Herrmann's Family Farm, Big Valley Tack, and Tracey's Country Corner Grocery Store. The cost of living in Dover is quite low compared to the rest of the country. The average rental rate for a two-bedroom apartment is $790 per month, compared to the national average of $1,430. Additionally, Dover’s grocery cost index is 91 versus 100 in the US which makes it a great place for budget conscious shoppers. All in all, Dover is a great place for families and individuals looking for low costs and high quality goods!

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

Dover has seen the job market decrease by -8.2% over the last year. Future job growth over the next ten years is predicted to be 33.9%, which is higher than the US average of 33.5%.

Tax Rates for Dover
- The Sales Tax Rate for Dover is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Dover 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 Dover
- The average income of a Dover resident is $32,213 a year. The US average is $37,638 a year.
- The Median household income of a Dover resident is $39,531 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyDover, IllinoisUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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