Wayne, IL Economy


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Wayne, IL is a small village located in the state of Illinois. It is known for its charming atmosphere and excellent school system. Although it is more expensive to rent a two bedroom apartment in Wayne than the national average, groceries are more affordable than most other places. Major employers in Wayne include Provena St. Joseph Medical Center, USG Corporation, and Pace Bus. The village also has access to countless small businesses and independent stores that offer unique items at competitive prices. In addition to these local companies, Wayne enjoys a healthy variety of restaurants and entertainment venues to choose from.

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

Wayne 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 Wayne
- The Sales Tax Rate for Wayne is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Wayne 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 Wayne
- The average income of a Wayne resident is $77,903 a year. The US average is $28,555 a year.
- The Median household income of a Wayne resident is $143,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWayne, IllinoisUnited States
  5.46
  -9.5%-6.2%
  27.6%33.5%
  7.0%6.2%
  5.0%4.6%
  $68,393$37,638
  $143,750$69,021
  $160,614$85,028
  Population by Occupation
  0.7%1.2%
  0.0%0.5%
  6.8%6.8%
  23.0%10.0%
  4.9%2.5%
  8.5%11.0%
  9.5%4.8%
  0.8%0.8%
  0.7%1.9%
  8.2%4.7%
  2.5%1.9%
  7.3%7.6%
  0.0%0.1%
  2.6%4.2%
  6.3%9.3%
  6.1%14.0%
  3.8%2.1%
  0.9%7.0%
  6.1%4.8%
  1.2%4.7%
Reviews for Wayne
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Surrounded on all sides by growth, the heavily forested, rural atmosphere of Wayne, Illinois eludes the destructive nature of uncontrolled expansion of her neighbors.  More

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