Lenzburg, IL Economy


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Lenzburg, IL is a small town located in the Midwestern United States. Rent for a two bedroom apartment in Lenzburg is very reasonable, at only $860 compared to the national average of $1,430. The cost of groceries is also good in Lenzburg - the Grocery Cost Index there is 95 versus 100 across the entire country. While Lenzburg may be small, it has plenty of local businesses that offer its residents quality goods and services such as restaurants like O'Reilly's Irish Pub and Grill, shops like Market Place Florist and Nursery and services such as Kenny's Auto Repair & Air Conditioning. It's easy to see why many people choose to call Lenzburg their home!

Lenzburg has an unemployment rate of 6.7%. The US average is 6.0%.

Lenzburg has seen the job market increase by 2.1% over the last year. Future job growth over the next ten years is predicted to be 30.1%, which is lower than the US average of 33.5%.

Tax Rates for Lenzburg
- The Sales Tax Rate for Lenzburg is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Lenzburg 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 Lenzburg
- The average income of a Lenzburg resident is $15,902 a year. The US average is $28,555 a year.
- The Median household income of a Lenzburg resident is $43,636 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLenzburg, IllinoisUnited States
  6.76
  -6.7%-6.2%
  30.1%33.5%
  7.4%6.2%
  5.0%4.6%
  $24,250$37,638
  $43,636$69,021
  $50,000$85,028
  Population by Occupation
  1.0%1.2%
  0.0%0.5%
  1.9%6.8%
  18.8%10.0%
  4.3%2.5%
  7.2%11.0%
  18.3%4.8%
  0.5%0.8%
  3.8%1.9%
  1.0%4.7%
  0.0%1.9%
  2.9%7.6%
  0.0%0.1%
  7.2%4.2%
  1.4%9.3%
  13.0%14.0%
  0.0%2.1%
  10.6%7.0%
  4.8%4.8%
  3.4%4.7%
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