West Peoria, IL Economy


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West Peoria, IL is a great place to call home. The average two bedroom rent is $890, which is significantly lower than the national average of $1,430 making it an affordable option for those looking to live in this community. Additionally, the Grocery Cost Index in West Peoria is 91 compared to 100 nationally. This city has a lot to offer with its historic sites like the Grandview Drive-In Theater and also many different companies including Rodda Construction, Inc., Double B Waterproofing & Restoration, and Creme de la Creme Bakery. There are plenty of opportunities for residents to enjoy their time in West Peoria and all that it has to offer.

West Peoria has an unemployment rate of 8.2%. The US average is 6.0%.

West Peoria has seen the job market increase by 1.5% over the last year. Future job growth over the next ten years is predicted to be 17.6%, which is lower than the US average of 33.5%.

Tax Rates for West Peoria
- The Sales Tax Rate for West Peoria is 9.0%. The US average is 7.3%.
- The Income Tax Rate for West Peoria 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 West Peoria
- The average income of a West Peoria resident is $27,237 a year. The US average is $28,555 a year.
- The Median household income of a West Peoria resident is $51,724 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWest Peoria, IllinoisUnited States
  8.26
  -7.5%-6.2%
  17.6%33.5%
  7.3%6.2%
  5.0%4.6%
  $35,191$37,638
  $51,724$69,021
  $55,208$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  5.3%6.8%
  16.6%10.0%
  0.4%2.5%
  15.1%11.0%
  3.4%4.8%
  3.2%0.8%
  0.9%1.9%
  4.6%4.7%
  0.0%1.9%
  3.1%7.6%
  0.0%0.1%
  1.5%4.2%
  7.8%9.3%
  14.2%14.0%
  0.8%2.1%
  18.0%7.0%
  3.2%4.8%
  1.9%4.7%
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