Romeoville, IL Economy


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Romeoville, IL is a great place to live due to its affordability and convenience. The two bedroom rent in Romeoville is $1,950 compared to the US average of $1,430. Additionally, the grocery cost index in Romeoville is 96 versus the US average of 100. This means groceries will be cheaper in Romeoville than other parts of the country. Furthermore, the city has plenty of local attractions and businesses for its residents to take advantage of. For example, Whitetail Ridge Ski Area gives residents access to skiing and snowboarding on sixteen slopes over fifty acres. Other nearby attractions include Lewis University Nature Center and William & Lucille Mabry Heritage Park which offers fishing and picnicking amenities for people looking for outdoor activities. As far as businesses go, Romeoville features a variety of stores such as Walmart, Dollar Tree, Aldi and many others.

Romeoville has an unemployment rate of 8.0%. The US average is 6.0%.

Romeoville has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 26.7%, which is lower than the US average of 33.5%.

Tax Rates for Romeoville
- The Sales Tax Rate for Romeoville is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Romeoville 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 Romeoville
- The average income of a Romeoville resident is $22,695 a year. The US average is $28,555 a year.
- The Median household income of a Romeoville resident is $88,205 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRomeoville, IllinoisUnited States
  86
  -9.5%-6.2%
  26.7%33.5%
  8.5%6.2%
  5.0%4.6%
  $30,096$37,638
  $88,205$69,021
  $95,868$85,028
  Population by Occupation
  0.3%1.2%
  0.1%0.5%
  6.0%6.8%
  14.4%10.0%
  4.5%2.5%
  13.3%11.0%
  11.5%4.8%
  0.6%0.8%
  1.7%1.9%
  4.3%4.7%
  1.5%1.9%
  3.9%7.6%
  0.4%0.1%
  4.2%4.2%
  5.4%9.3%
  12.4%14.0%
  1.9%2.1%
  6.7%7.0%
  4.6%4.8%
  2.4%4.7%
Reviews for Romeoville
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Over 12 years ago

Very near to oil refineries; little shopping and quality restaurants. Valley View Schools are not that great. Lot better communities to live. Cheap Housing though  More

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Over 14 years ago

Romeoville, nice small town feel. Very family oriented, great atmosphere to raise a family. It’s with an arms reach of more bustling towns such as Aurora, Naperville,  More

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Over 14 years ago

Romeoville is a short drive to the big city of Chicago with all it has to offer from shopping to museums and theater. Yet there is space for planting a yard and kids to  More

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