Stockton, IL Economy


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United States / Illinois / No Metro Area / Jo Daviess County / Stockton / Zip Codes
Stockton, IL is an idyllic city located in northwest Illinois. It's a great place to call home, with top-notch schools, plenty of jobs, and world-class amenities. The cost of living is also quite reasonable, with the average two bedroom rent being $790 and grocery cost index being 93 versus 100 in the US.
The city boasts a variety of businesses including Stockton Manufacturing Co., which specializes in custom made furniture; Adept Pest Control, providing safe and effective pest control services; and B&B Carpet Cleaning for all your carpet cleaning needs. There are also several restaurants offering delicious cuisine from around the world including Café Andiamo and Japanese Garden. All these businesses have helped make Stockton one of the most desirable places to live in Illinois.

Stockton has an unemployment rate of 6.1%. The US average is 6.0%.

Stockton has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 18.9%, which is lower than the US average of 33.5%.

Tax Rates for Stockton
- The Sales Tax Rate for Stockton is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Stockton 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 Stockton
- The average income of a Stockton resident is $21,653 a year. The US average is $28,555 a year.
- The Median household income of a Stockton resident is $48,221 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyStockton, IllinoisUnited States
  6.16
  -8.2%-6.2%
  18.9%33.5%
  7.3%6.2%
  5.0%4.6%
  $28,026$37,638
  $48,221$69,021
  $59,813$85,028
  Population by Occupation
  2.2%1.2%
  0.0%0.5%
  7.7%6.8%
  26.8%10.0%
  2.8%2.5%
  6.6%11.0%
  1.2%4.8%
  0.0%0.8%
  3.2%1.9%
  3.9%4.7%
  0.0%1.9%
  1.7%7.6%
  0.0%0.1%
  2.3%4.2%
  7.1%9.3%
  17.3%14.0%
  0.4%2.1%
  7.7%7.0%
  6.5%4.8%
  2.9%4.7%
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