Steeleville, IL Economy


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United States / Illinois / No Metro Area / Randolph County / Steeleville / Zip Codes
Steeleville, IL is a rural town located in Randolph County with a population of around 1,946 people. It is known for its beautiful landscape and outdoor recreation opportunities. The town offers plenty of activities to keep visitors and residents busy. Popular local businesses and attractions include the Steeleville Winery, Steeleville Aquarium, Fountain Creek Golf Course, and Heron Lake State Park. In addition to these attractions, Steeleville also hosts a number of annual events such as the Randolph County Fair in August and the Christmas Light Parade in December. 2 bedroom rent in Steeleville is $790, which is much lower than the US average of $1,430. Furthermore, the grocery cost index in Steeleville is 95 versus 100 in the US providing reasonable prices for groceries for locals and visitors alike.

Steeleville has an unemployment rate of 4.4%. The US average is 6.0%.

Steeleville 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 25.7%, which is lower than the US average of 33.5%.

Tax Rates for Steeleville
- The Sales Tax Rate for Steeleville is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Steeleville 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 Steeleville
- The average income of a Steeleville resident is $23,790 a year. The US average is $28,555 a year.
- The Median household income of a Steeleville resident is $48,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySteeleville, IllinoisUnited States
  4.46
  -7.7%-6.2%
  25.7%33.5%
  7.3%6.2%
  5.0%4.6%
  $29,547$37,638
  $48,750$69,021
  $67,857$85,028
  Population by Occupation
  0.7%1.2%
  5.3%0.5%
  4.3%6.8%
  24.4%10.0%
  0.0%2.5%
  12.4%11.0%
  6.1%4.8%
  1.2%0.8%
  0.0%1.9%
  5.6%4.7%
  0.5%1.9%
  1.4%7.6%
  0.0%0.1%
  0.6%4.2%
  6.5%9.3%
  19.4%14.0%
  1.1%2.1%
  2.4%7.0%
  2.6%4.8%
  5.6%4.7%
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