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Kane County · Illinois · Midwest · 33k residents

St. Charles, IL: economy, jobs & business costs

The site-selection read on St. Charles: 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 $1,251/wk. Illinois's corporate income tax rate is 9.5%. Commercial electricity averages 11.8¢/kWh.

Compare St. Charles side by side

Avg. weekly wage

$1,251/wk

lower than 63% of US cities

Corporate income tax

9.5%

lower than 10% of US cities

Bachelor's degree or higher

52%

+34% vs state medianhigher than 80% of US cities

Commercial electricity

11.8¢/kWh

≈ US median

Economic momentum

How fast St. Charles's economy is moving, ranked against the US cities we track.

52/100

Steady

Residential permits: +26.7% (top 26%)Jobs: -0.1% (bottom 34%)
Momentum rising · +19 over 4 yr

Ranks St. Charles'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.

All facets · St. Charles
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Real listings in St. Charles

LoopNetCrexiCommercialCafe

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Questions & answers
Is St. Charles 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 $1,251/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 St. Charles, IL?
St. Charles indexes at 106 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $1,826/mo and a acs median home value of $377,400.
How much does a house cost in St. Charles?
The acs median home value in St. Charles is $377,400 (Census ACS estimate; individual listings vary).
How much is rent in St. Charles?
A two-bedroom in St. Charles rents for about $1,826/mo.