Steward, IL Economy


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Steward, IL is an ideal place to live with affordable housing costs. With a two-bedroom rental price of $1,100 compared to the national average of $1,430, it offers financial relief without compromising on quality of living. The Grocery Cost Index in Steward is 97 compared to the US average of 100, making it easier on your wallet every time you go grocery shopping. It’s no wonder that many families have chosen Steward as their home. Local companies include All Star Recycling Solutions, Acorn Tool & Die Co., and Stewart Interiors Inc., supplying residents with job opportunities and a thriving economy. Steward also has modern amenities like a library, restaurants, churches, and parks for recreation and leisure activities.

Steward has an unemployment rate of 5.2%. The US average is 6.0%.

Steward has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 29.1%, which is lower than the US average of 33.5%.

Tax Rates for Steward
- The Sales Tax Rate for Steward is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Steward 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 Steward
- The average income of a Steward resident is $23,230 a year. The US average is $28,555 a year.
- The Median household income of a Steward resident is $85,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySteward, IllinoisUnited States
  5.26
  -5.9%-6.2%
  29.1%33.5%
  7.8%6.2%
  5.0%4.6%
  $34,909$37,638
  $85,000$69,021
  $97,500$85,028
  Population by Occupation
  7.4%1.2%
  0.0%0.5%
  0.0%6.8%
  13.2%10.0%
  4.9%2.5%
  10.8%11.0%
  11.3%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  1.5%1.9%
  1.0%7.6%
  0.0%0.1%
  0.0%4.2%
  20.6%9.3%
  15.7%14.0%
  2.0%2.1%
  3.9%7.0%
  3.9%4.8%
  3.9%4.7%
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