Wapella, IL Economy


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Wapella, Illinois is a small town located in DeWitt County with an estimated population of 519 people. It's an affordable place to live with 2 bedroom rent averaging at $770 compared to the US average of $1,430. The grocery cost index is also lower than the US average- 92 versus 100- which makes it even more appealing to those looking for an affordable place to settle down. Additionally, local businesses like Wapella’s Family Restaurant, The Country Cupboard Store, and The Wapella Gazette add to the small-town charm that many find endearing. All in all, Wapella is a great place for those seeking a cozy home for an unbeatable price.

Wapella has an unemployment rate of 5.4%. The US average is 6.0%.

Wapella has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 22.3%, which is lower than the US average of 33.5%.

Tax Rates for Wapella
- The Sales Tax Rate for Wapella is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Wapella 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 Wapella
- The average income of a Wapella resident is $27,163 a year. The US average is $28,555 a year.
- The Median household income of a Wapella resident is $65,114 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWapella, IllinoisUnited States
  5.46
  -7.0%-6.2%
  22.3%33.5%
  6.3%6.2%
  5.0%4.6%
  $35,571$37,638
  $65,114$69,021
  $91,000$85,028
  Population by Occupation
  1.5%1.2%
  0.0%0.5%
  8.0%6.8%
  7.6%10.0%
  1.1%2.5%
  4.5%11.0%
  5.3%4.8%
  5.7%0.8%
  3.0%1.9%
  10.6%4.7%
  1.1%1.9%
  3.8%7.6%
  0.0%0.1%
  3.8%4.2%
  14.4%9.3%
  7.2%14.0%
  0.0%2.1%
  5.7%7.0%
  6.1%4.8%
  10.6%4.7%
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