Streator, IL Economy


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United States / Illinois / No Metro Area / LaSalle County / Streator / Zip Codes
Streator, IL is a small city located in La Salle County in the state of Illinois. It is a quiet community with a population of around 13,000 people. The cost of living in Streator is relatively low, which is reflected by the median two bedroom rent being $780 compared to the national average at $1,430. Groceries also have an index score of 90 in Streator, which means they are 10% cheaper than the national average. \nThe area has a few big businesses such as Country Financial, Corinithian Columns Banquet Hall and Inn and Rockport Packing Company. For those looking for outdoor activities there are multiple parks like Sparkling Waters Resort & Campground or even historical sites like Illinois State Fish and Wildlife Area - Middle Point Unit. Additionally tourists can visit the historic downtown area where they can find unique shops or local restaurants with delicious food options.

Streator has an unemployment rate of 7.3%. The US average is 6.0%.

Streator has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 20.0%, which is lower than the US average of 33.5%.

Tax Rates for Streator
- The Sales Tax Rate for Streator is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Streator 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 Streator
- The average income of a Streator resident is $20,483 a year. The US average is $28,555 a year.
- The Median household income of a Streator resident is $43,053 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyStreator, IllinoisUnited States
  7.36
  -8.3%-6.2%
  20.0%33.5%
  7.5%6.2%
  5.0%4.6%
  $28,665$37,638
  $43,053$69,021
  $59,153$85,028
  Population by Occupation
  1.0%1.2%
  0.2%0.5%
  3.2%6.8%
  20.9%10.0%
  6.1%2.5%
  11.5%11.0%
  6.9%4.8%
  0.9%0.8%
  2.9%1.9%
  3.9%4.7%
  0.1%1.9%
  1.4%7.6%
  0.2%0.1%
  7.1%4.2%
  4.2%9.3%
  11.4%14.0%
  1.1%2.1%
  9.4%7.0%
  4.1%4.8%
  3.5%4.7%
Reviews for Streator
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I read a few months ago that the Streator , Illinois Hospital was being closed. I'm wondering if that occurred, and if so, what has that done to the Streator  More

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