Pearl City, IL Economy


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Pearl City, IL is a great place to call home, offering a variety of amenities and activities for residents. Located in the heart of Illinois, Pearl City offers affordable 2 bedroom rent at $790 per month, which is significantly lower than the national average of $1,430. Additionally, Pearl City boasts a grocery cost index of 92 compared to 100 in the US., making food much more affordable for residents.
The city also has many local companies that offer jobs and services to the community. Popular companies include The Pizza Place, ABC Groceries, and Ann's Cafe. Each of these maintain a long standing presence in Pearl City and support its economy.
Residents can take part in a variety of activities in Pearl City as well. Popular attractions include visiting local museums such as the Botanical Gardens Museum or catching a show at the annual carnival that takes place each summer. There are also lots of outdoor recreational activities like hiking trails at Pickle Park and fishing at Lake Clarissa for those looking to explore nature up close. Overall, Pearl City is an ideal place to live with lots of opportunities both indoors and outdoors for all ages!

Pearl City has an unemployment rate of 6.4%. The US average is 6.0%.

Pearl City 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 32.0%, which is lower than the US average of 33.5%.

Tax Rates for Pearl City
- The Sales Tax Rate for Pearl City is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Pearl City 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 Pearl City
- The average income of a Pearl City resident is $22,516 a year. The US average is $28,555 a year.
- The Median household income of a Pearl City resident is $74,107 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPearl City, IllinoisUnited States
  6.46
  -6.5%-6.2%
  32.0%33.5%
  6.8%6.2%
  5.0%4.6%
  $30,080$37,638
  $74,107$69,021
  $83,750$85,028
  Population by Occupation
  4.9%1.2%
  0.0%0.5%
  5.7%6.8%
  12.5%10.0%
  1.1%2.5%
  8.4%11.0%
  3.8%4.8%
  3.8%0.8%
  1.1%1.9%
  8.2%4.7%
  0.5%1.9%
  6.0%7.6%
  0.3%0.1%
  6.8%4.2%
  7.9%9.3%
  18.3%14.0%
  1.1%2.1%
  2.2%7.0%
  5.7%4.8%
  1.6%4.7%
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