Ford County, IL Economy


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Ford, IL County is a great place to live and work. It has an affordable rent for a two-bedroom home at only $790 per month, which is much lower than the US average of $1,430. In addition, the Grocery Cost Index in Ford is 91 as opposed to 100 nationwide. The county also offers many job opportunities through local businesses such as Firestone Financial Group, Central Illinois Produce and Davey Tree Experts. These companies provide excellent services to the community while maintaining a high standard of quality. With its low cost of living and numerous job opportunities, Ford, IL County is an attractive option for those looking for a new home.

Ford County has an unemployment rate of 4.8%. The US average is 6.0%.

Ford County has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 26.9%, which is lower than the US average of 33.5%.

Tax Rates for Ford County
- The Sales Tax Rate for Ford County is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Ford County 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 Ford County
- The average income of a Ford County resident is $25,495 a year. The US average is $28,555 a year.
- The Median household income of a Ford County resident is $55,011 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFord, IllinoisUnited States
  4.86
  -4.8%-6.2%
  26.9%33.5%
  6.3%6.2%
  5.0%4.6%
  $30,516$37,638
  $55,011$69,021
  $77,000$85,028
  Population by Occupation
  8.1%1.2%
  0.0%0.5%
  8.2%6.8%
  11.1%10.0%
  2.5%2.5%
  15.4%11.0%
  3.4%4.8%
  2.4%0.8%
  0.8%1.9%
  4.5%4.7%
  1.7%1.9%
  3.6%7.6%
  0.1%0.1%
  2.9%4.2%
  10.6%9.3%
  13.9%14.0%
  0.5%2.1%
  4.0%7.0%
  4.3%4.8%
  2.2%4.7%
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