Trout Valley, IL Economy


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Trout Valley, IL is a small town situated in the state of Illinois. The cost of living here is relatively low when compared to the US average, with 2 bedroom rent at $1,540 and a Grocery Cost Index of 97 versus 100 in the US. This makes Trout Valley an ideal place for families to live, as there are many different activities available for them to enjoy. There are numerous local companies and attractions in Trout Valley, such as Hauser's Family Farm, A.J.’s Meats & Deli, and Old Orchard Country Club. Families can also take their children to nearby parks like Deer Run Park and Trout Valley Park or visit places like Des Plaines River Trail and Kimball Hill Woods Nature Preserve for nature walks and hikes. With its affordability and ample opportunities for entertainment, Trout Valley is a great place to call home.

Trout Valley has an unemployment rate of 5.9%. The US average is 6.0%.

Trout Valley has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 27.6%, which is lower than the US average of 33.5%.

Tax Rates for Trout Valley
- The Sales Tax Rate for Trout Valley is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Trout Valley 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 Trout Valley
- The average income of a Trout Valley resident is $60,705 a year. The US average is $28,555 a year.
- The Median household income of a Trout Valley resident is $200,240 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyTrout Valley, IllinoisUnited States
  5.96
  -9.5%-6.2%
  27.6%33.5%
  7.0%6.2%
  5.0%4.6%
  $94,289$37,638
  $200,240$69,021
  $200,000$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  10.4%6.8%
  14.5%10.0%
  14.8%2.5%
  9.1%11.0%
  0.9%4.8%
  0.0%0.8%
  1.3%1.9%
  4.1%4.7%
  2.2%1.9%
  9.4%7.6%
  0.6%0.1%
  1.9%4.2%
  5.3%9.3%
  13.8%14.0%
  0.9%2.1%
  6.9%7.0%
  2.8%4.8%
  0.9%4.7%
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