Illinois · Midwest · 32k residents
O'Fallon, IL: economy, jobs & business costs
The site-selection read on O'Fallon: 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 $1,539/wk. Illinois's corporate income tax rate is 9.5%. Commercial electricity averages 11.8¢/kWh.
Compare O'Fallon side by side
Avg. weekly wage
$1,539/wk
Corporate income tax
9.5%
Bachelor's degree or higher
52.4%
Commercial electricity
11.8¢/kWh
Economic momentum
How fast O'Fallon's economy is moving, ranked against the US cities we track.
21/100
Cooling
Ranks O'Fallon's residential building-permit 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 | $295,700 |
| Price per sq. ft. | $175 |
| Property tax rate | 2.1% |
| 1-bedroom rent | $1,036/mo |
| 2-bedroom rent | $1,267/mo |
| State & local income tax | 4.95% |
| Sales tax | 8.85% |
| Corporate income tax | 9.5% |
| Avg. weekly wage | $1,539/wk |
| Bachelor's degree or higher | 52.4% |
| Commercial electricity | 11.8¢/kWh |
| Businesses per 1k residents | — |
| Wage: Software developer | $132,110 |
| Wage: Registered nurse | $95,990 |
| Wage: General manager | $103,570 |
| Wage: Customer service | $46,130 |
| Wage: Warehouse worker | $37,680 |
| Wage: Heavy truck driver | $60,320 |
| Wage: Electrician | $99,560 |
| Wage: Retail salesperson | $35,370 |
| Cost of living index | 93 |
| 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 | $105,982 |
| Unemployment rate | 4.7% |
| Population | 32k |
| Crime index | 50/100 |
| School rating | 6.3/10 |
| Walkability | 30/100 |
| Disaster risk | — |
| Avg. commute | 29 min |
| Sunny days / year | 190 days |
| July high | 90°F |
| January low | 24°F |
| Annual snowfall | 11 in |
| Home price YoY | — |
| Home price MoM | — |
| Rent YoY | — |
| Rent MoM | — |
| Employment (jobs) YoY | — |
| Building permits YoY | -40.5% |
| Ocean coast | 571 mi |
| Big lake | 155 mi |
| Mountains | 84 mi |
| Major airport | 27 mi |
| Ski resort | 41 mi |
Popular comparisons
Nearby
- Fairview Heights, IL · 17k
- Collinsville, IL · 24k
- Belleville, IL · 41k
- East St. Louis, IL · 18k
- Cahokia Heights, IL · 17k
Similar size
- Elk Grove Village, IL · 32k
- Mundelein, IL · 32k
- Pekin, IL · 32k
- Glendale Heights, IL · 33k
- St. Charles, IL · 33k
Real listings in O'Fallon
LoopNet ↗Crexi ↗CommercialCafe ↗
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- Is O'Fallon 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 $1,539/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 O'Fallon, IL?
- O'Fallon indexes at 93 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $1,267/mo and a acs median home value of $295,700.
- How much does a house cost in O'Fallon?
- The acs median home value in O'Fallon is $295,700 (Census ACS estimate; individual listings vary).
- How much is rent in O'Fallon?
- A two-bedroom in O'Fallon rents for about $1,267/mo.