San Jose, IL Economy


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San Jose, IL is an area known for its affordability when it comes to housing. On average, two bedroom rentals are considerably lower in San Jose than the national average at $800 compared to the US average of $1,430. Grocery costs are also much more affordable with a grocery cost index of 90 versus 100 in the US. Not only is living in San Jose economical but also provides access to well-known companies like AT&T and State Farm who provide ample job opportunities. All combined, living in San Jose can provide a great quality of life while saving money at the same time.

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

San Jose has seen the job market increase by 2.7% over the last year. Future job growth over the next ten years is predicted to be 22.5%, which is lower than the US average of 33.5%.

Tax Rates for San Jose
- The Sales Tax Rate for San Jose is 7.3%. The US average is 7.3%.
- The Income Tax Rate for San Jose 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 San Jose
- The average income of a San Jose resident is $23,076 a year. The US average is $28,555 a year.
- The Median household income of a San Jose resident is $59,318 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySan Jose, IllinoisUnited States
  6.36
  -9.0%-6.2%
  22.5%33.5%
  7.3%6.2%
  5.0%4.6%
  $28,348$37,638
  $59,318$69,021
  $63,000$85,028
  Population by Occupation
  1.1%1.2%
  1.1%0.5%
  2.5%6.8%
  12.0%10.0%
  4.2%2.5%
  12.0%11.0%
  12.0%4.8%
  1.4%0.8%
  0.0%1.9%
  3.2%4.7%
  0.0%1.9%
  0.7%7.6%
  0.0%0.1%
  0.7%4.2%
  7.7%9.3%
  15.8%14.0%
  0.0%2.1%
  13.4%7.0%
  7.4%4.8%
  4.9%4.7%
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