Peoria County, IL Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
United States / Illinois / Peoria / Peoria County / Cities / Zip Codes
Peoria, IL County is an attractive place to live with plenty of amenities for its residents. The average rent for a two-bedroom apartment is $900, which is significantly lower than the rest of the US where it averages $1,430. Grocery costs are also well below the national index, at 94 compared to 100 in the US. There are many businesses and attractions located in Peoria IL County that make it a great place to live and work. Notable companies include Caterpillar Inc., OSF HealthCare, and ADM Global Headquarters. Local attractions include Wildlife Prairie Park, Peoria Zoo, Luthy Botanical Garden, Grandview Drive-In Theater, and Lakeview Museum of Arts & Sciences.

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

Peoria County 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 Peoria County
- The Sales Tax Rate for Peoria County is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Peoria 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 Peoria County
- The average income of a Peoria County resident is $28,414 a year. The US average is $28,555 a year.
- The Median household income of a Peoria County resident is $58,426 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPeoria, IllinoisUnited States
  8.26
  -7.5%-6.2%
  17.6%33.5%
  7.3%6.2%
  5.0%4.6%
  $35,345$37,638
  $58,426$69,021
  $77,952$85,028
  Population by Occupation
  1.1%1.2%
  0.0%0.5%
  4.6%6.8%
  14.6%10.0%
  1.8%2.5%
  9.8%11.0%
  3.4%4.8%
  0.8%0.8%
  1.5%1.9%
  4.4%4.7%
  1.1%1.9%
  5.5%7.6%
  0.4%0.1%
  4.4%4.2%
  9.7%9.3%
  20.1%14.0%
  2.0%2.1%
  7.7%7.0%
  4.6%4.8%
  2.5%4.7%
Health