Keensburg, IL Economy


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United States / Illinois / No Metro Area / Wabash County / Keensburg / Zip Codes
Keensburg, IL is a small town located in Illinois. This quaint town has an average 2 bedroom rent of $740, which is significantly lower than the US average of $1,430 for similar housing. The Grocery Cost Index in Keensburg is 90 compared to 100 in the US, meaning that groceries are more affordable than most places. It is home to many local businesses such as Keensburg Auto Repair and Waden’s Hardware Store. Residents enjoy leisurely days at the local park or library. Visitors often come to explore some of the historical sites such as the Keensburg Memorial Monument or The Emmett House Museum. Despite its size, Keensburg has something for everyone and offers a unique experience to all who visit.

Keensburg has an unemployment rate of 5.1%. The US average is 6.0%.

Keensburg has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 26.8%, which is lower than the US average of 33.5%.

Tax Rates for Keensburg
- The Sales Tax Rate for Keensburg is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Keensburg 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 Keensburg
- The average income of a Keensburg resident is $22,366 a year. The US average is $28,555 a year.
- The Median household income of a Keensburg resident is $63,594 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyKeensburg, IllinoisUnited States
  5.16
  -6.8%-6.2%
  26.8%33.5%
  6.5%6.2%
  5.0%4.6%
  $28,473$37,638
  $63,594$69,021
  $64,844$85,028
  Population by Occupation
  5.0%1.2%
  3.8%0.5%
  6.3%6.8%
  17.5%10.0%
  10.0%2.5%
  8.8%11.0%
  11.3%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  7.5%4.2%
  0.0%9.3%
  16.3%14.0%
  0.0%2.1%
  0.0%7.0%
  5.0%4.8%
  8.8%4.7%
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