Madison County · Illinois · Midwest · 26k residents
Edwardsville, IL: economy, jobs & business costs
The site-selection read on Edwardsville: labor costs, talent, corporate tax, energy, and business activity, with the Illinois median as the yardstick. Compare it live against any of 3,000 US cities.
Data coverage: ACS place data; supplementary fields may use state estimates.
Average weekly wages in the surrounding labor market run $1,152/wk. Illinois's corporate income tax rate is 9.5%. Commercial electricity averages 11.8¢/kWh.
Compare Edwardsville side by side
Avg. weekly wage
$1,152/wk
Corporate income tax
9.5%
Bachelor's degree or higher
52.6%
Commercial electricity
11.8¢/kWh
Economic momentum
How fast Edwardsville's economy is moving, ranked against the US cities we track.
73/100
Heating
Ranks Edwardsville's residential building-permit and jobs growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. This is economic activity, not commercial lease rates or vacancy. Not investment or relocation advice.
| ACS median home value | $299,800 |
| Price per sq. ft. | $175 |
| Property tax rate | 2.1% |
| 1-bedroom rent | $892/mo |
| 2-bedroom rent | $1,318/mo |
| State & local income tax | 4.95% |
| Sales tax | 8.85% |
| Corporate income tax | 9.5% |
| Avg. weekly wage | $1,152/wk |
| Bachelor's degree or higher | 52.6% |
| Commercial electricity | 11.8¢/kWh |
| Businesses per 1k residents | 20.6/1k |
| Wage: Software developer | $129,030 |
| Wage: Registered nurse | $83,180 |
| Wage: General manager | $93,140 |
| Wage: Customer service | $45,800 |
| Wage: Warehouse worker | $37,840 |
| Wage: Heavy truck driver | $58,240 |
| Wage: Electrician | $77,170 |
| Wage: Retail salesperson | $33,820 |
| Cost of living index | 94 |
| Groceries index | 98 |
| Utilities | $165/mo |
| Transit pass | $75/mo |
| Gas price | $3.65/gal |
| Healthcare index | 98 |
| Childcare (per child) | $1,300/mo |
| Median household income | $86,721 |
| Unemployment rate | 4.7% |
| Population | 26k |
| Crime index | 50/100 |
| School rating | 6.3/10 |
| Walkability | 30/100 |
| Disaster risk | 93/100 |
| Avg. commute | 29 min |
| Sunny days / year | 190 days |
| July high | 87°F |
| January low | 22°F |
| Annual snowfall | — |
| Home price YoY | +4.8% |
| Home price MoM | 0.0% |
| Rent YoY | +4.8% |
| Rent MoM | +0.8% |
| Employment (jobs) YoY | +2.2% |
| Building permits YoY | -4.2% |
| Ocean coast | 586 mi |
| Big lake | 156 mi |
| Mountains | 95 mi |
| Major airport | 22 mi |
| Ski resort | 42 mi |
Popular comparisons
Nearby
- Collinsville, IL · 24k
- Granite City, IL · 27k
- Alton, IL · 25k
- O'Fallon, IL · 32k
- Fairview Heights, IL · 17k
Similar size
- Lockport, IL · 26k
- Chicago Heights, IL · 27k
- Woodstock, IL · 26k
- Oak Forest, IL · 27k
- Vernon Hills, IL · 27k
Real listings in Edwardsville
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is Edwardsville a good place to run a business?
- Illinois's corporate income tax rate is 9.5%; average weekly wages in the surrounding labor market run $1,152/wk; commercial electricity averages 11.8¢/kWh. Weigh these against your own priorities in the business comparison tool.
- What is the cost of living in Edwardsville, IL?
- Edwardsville indexes at 94 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $1,318/mo and a acs median home value of $299,800.
- How much does a house cost in Edwardsville?
- The acs median home value in Edwardsville is $299,800 (Census ACS estimate; individual listings vary).
- How much is rent in Edwardsville?
- A two-bedroom in Edwardsville rents for about $1,318/mo.