Kenney, IL Economy


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Kenney, IL is a small town in Illinois with a population of about 1,200 people. It is known for its affordable living costs and access to local businesses. The average rent for a two-bedroom apartment in Kenney is $850, much lower than the US national average of $1,430. Additionally, the Grocery Cost Index in Kenney is 91 versus 100 in the US, making groceries more affordable here as well. Local companies include K & W Auto Repair and CMS Motorsports which offer automotive services for residents. There are also several restaurants such as The Iron Kettle Kitchen and Pearl Street Pizza. Residents can find all they need without having to travel far from home.

Kenney has an unemployment rate of 5.4%. The US average is 6.0%.

Kenney has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 22.3%, which is lower than the US average of 33.5%.

Tax Rates for Kenney
- The Sales Tax Rate for Kenney is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Kenney 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 Kenney
- The average income of a Kenney resident is $25,306 a year. The US average is $28,555 a year.
- The Median household income of a Kenney resident is $62,813 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyKenney, IllinoisUnited States
  5.46
  -7.0%-6.2%
  22.3%33.5%
  6.3%6.2%
  5.0%4.6%
  $35,663$37,638
  $62,813$69,021
  $67,750$85,028
  Population by Occupation
  6.4%1.2%
  0.0%0.5%
  3.6%6.8%
  12.1%10.0%
  0.0%2.5%
  33.6%11.0%
  2.9%4.8%
  0.0%0.8%
  1.4%1.9%
  4.3%4.7%
  0.0%1.9%
  2.1%7.6%
  0.0%0.1%
  7.1%4.2%
  7.1%9.3%
  9.3%14.0%
  0.0%2.1%
  4.3%7.0%
  1.4%4.8%
  4.3%4.7%
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