Warren, IL Economy


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United States / Illinois / No Metro Area / Jo Daviess County / Warren / Zip Codes
Warren, IL is a small town located in McDonough County. It is a popular destination for many visitors due to its affordable cost of living and proximity to nearby amenities. The average rent of a two-bedroom apartment in Warren is $700, which is much lower than the national average of $1,430. Additionally, the Grocery Cost Index in Warren is 93 versus 100 nationally, making it an affordable place to live for those looking to save money on groceries.
Locally there are many attractions and businesses that make Warren a great place to visit or live. Some popular attractions include the McDonough County Courthouse, Packhorse Pond Nature Preserve, and Griggsville Landing Park. For business owners there are companies like Tuckers Restaurant & Bar, Brown's Automotive Center, and Wildcat Carpet Cleaning that provide services for locals and visitors alike.

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

Warren 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 Warren
- The Sales Tax Rate for Warren is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Warren 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 Warren
- The average income of a Warren resident is $24,174 a year. The US average is $28,555 a year.
- The Median household income of a Warren resident is $57,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWarren, IllinoisUnited States
  6.16
  -8.2%-6.2%
  18.9%33.5%
  7.3%6.2%
  5.0%4.6%
  $28,166$37,638
  $57,750$69,021
  $67,895$85,028
  Population by Occupation
  3.7%1.2%
  0.0%0.5%
  5.6%6.8%
  27.3%10.0%
  1.5%2.5%
  12.7%11.0%
  6.3%4.8%
  0.5%0.8%
  3.6%1.9%
  6.4%4.7%
  0.3%1.9%
  1.7%7.6%
  0.0%0.1%
  1.5%4.2%
  6.6%9.3%
  10.7%14.0%
  1.2%2.1%
  4.6%7.0%
  3.4%4.8%
  2.4%4.7%
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