Oregon, IL Economy


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Oregon, IL is an idyllic city situated in Ogle County. It offers a mix of small-town charm with easy access to big-city amenities. Renters can find affordable housing options with average costs for a two bedroom being $870 compared to the US rate of $1,430. Grocery prices are also lower than the national average, making it more economical to live here. As well as offering a great living experience, Oregon is home to several well-known companies including Deere & Company and OSF Saint Anthony Medical Center. The nearby Castle Rock State Park gives visitors plenty of outdoor recreation opportunities along with other attractions such as the community theater and art galleries for those who want to explore their artistic side. Oregon is an excellent place for both locals and visitors alike!

Oregon has an unemployment rate of 6.3%. The US average is 6.0%.

Oregon 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 21.9%, which is lower than the US average of 33.5%.

Tax Rates for Oregon
- The Sales Tax Rate for Oregon is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Oregon 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 Oregon
- The average income of a Oregon resident is $24,320 a year. The US average is $28,555 a year.
- The Median household income of a Oregon resident is $65,375 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyOregon, IllinoisUnited States
  6.36
  -7.0%-6.2%
  21.9%33.5%
  6.3%6.2%
  5.0%4.6%
  $29,031$37,638
  $65,375$69,021
  $76,647$85,028
  Population by Occupation
  0.6%1.2%
  0.0%0.5%
  4.4%6.8%
  16.1%10.0%
  2.5%2.5%
  16.5%11.0%
  5.7%4.8%
  0.0%0.8%
  2.2%1.9%
  4.2%4.7%
  2.2%1.9%
  2.2%7.6%
  0.0%0.1%
  0.0%4.2%
  11.5%9.3%
  14.4%14.0%
  2.6%2.1%
  7.3%7.0%
  0.5%4.8%
  7.0%4.7%
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