Strawn, IL Economy


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Strawn, Illinois is a small town located in the state's northern region. It has a population of less than 1,400 people and an approximate median household income of $44,000. The housing market in Strawn is relatively affordable with 2 bedroom rents averaging $860 per month compared to the national average of $1430. Additionally, groceries are cheaper in Strawn than the national average with its Grocery Cost Index of 92 compared to the US’s 100.
Strawn is home to local businesses like Webb Woodworking, L&R Heating and Air Conditioning, and Kenney Construction Company, Inc. All three of these companies have been providing quality services for decades and continue to be important parts of the community.

Strawn has an unemployment rate of 5.8%. The US average is 6.0%.

Strawn 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 20.6%, which is lower than the US average of 33.5%.

Tax Rates for Strawn
- The Sales Tax Rate for Strawn is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Strawn 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 Strawn
- The average income of a Strawn resident is $27,996 a year. The US average is $28,555 a year.
- The Median household income of a Strawn resident is $56,875 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyStrawn, IllinoisUnited States
  5.86
  -7.1%-6.2%
  20.6%33.5%
  7.3%6.2%
  5.0%4.6%
  $32,051$37,638
  $56,875$69,021
Family Median Income 85028
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