Leland, IL Economy


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United States / Illinois / No Metro Area / LaSalle County / Leland / Zip Codes
Leland, IL is a small town located in McLean County with a population of less than 600 residents. The cost of living is relatively low compared to other places in the US. For example, the average two bedroom rent in Leland is $1,280 while it's $1,430 across the US. The Grocery Cost Index also comes in lower than the nation’s average at 96 versus 100. There are several local businesses and popular amenities available for residents including a post office, library, and grocery store. Housing is readily available for families of all sizes since there are single-family homes as well as condominiums and apartments scattered throughout town.

Leland has an unemployment rate of 7.3%. The US average is 6.0%.

Leland has seen the job market decrease by -8.3% over the last year. Future job growth over the next ten years is predicted to be 20.0%, which is lower than the US average of 33.5%.

Tax Rates for Leland
- The Sales Tax Rate for Leland is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Leland 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 Leland
- The average income of a Leland resident is $27,945 a year. The US average is $37,638 a year.
- The Median household income of a Leland resident is $59,931 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLeland, 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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