Dwight, IL Economy


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Dwight, IL is a small rural town located in Livingston County. It has a population of around 2,100 people and is known for its small-town charm and friendly atmosphere. The cost of living in Dwight is quite affordable with the average rent for two-bedroom apartments being $1,060 per month compared to the US average rent of $1,430 per month. Groceries are also cheaper than the US average with a Grocery Cost Index of 94 compared to an index of 100 in the US. Local companies such as B & R Equipment, Apex Pest Control Solutions, and Watseka Community Hospital provide residents with services and employment opportunities. Overall Dwight provides residents with an affordable lifestyle with plenty of local amenities.

Dwight has an unemployment rate of 5.8%. The US average is 6.0%.

Dwight has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 20.6%, which is lower than the US average of 33.5%.

Tax Rates for Dwight
- The Sales Tax Rate for Dwight is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Dwight 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 Dwight
- The average income of a Dwight resident is $27,342 a year. The US average is $28,555 a year.
- The Median household income of a Dwight resident is $60,806 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyDwight, IllinoisUnited States
  5.86
  -7.1%-6.2%
  20.6%33.5%
  7.3%6.2%
  5.0%4.6%
  $30,451$37,638
  $60,806$69,021
  $64,016$85,028
  Population by Occupation
  1.1%1.2%
  0.0%0.5%
  6.8%6.8%
  13.4%10.0%
  7.2%2.5%
  17.9%11.0%
  7.9%4.8%
  1.9%0.8%
  0.0%1.9%
  2.0%4.7%
  0.4%1.9%
  2.6%7.6%
  0.0%0.1%
  2.8%4.2%
  5.3%9.3%
  10.1%14.0%
  1.0%2.1%
  11.5%7.0%
  5.5%4.8%
  2.5%4.7%
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