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Dekalb County · Illinois · Midwest · 19k residents

Sycamore, IL: economy, jobs & business costs

The site-selection read on Sycamore: 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 $1,143/wk. Illinois's corporate income tax rate is 9.5%. Commercial electricity averages 11.8¢/kWh.

Compare Sycamore side by side

Avg. weekly wage

$1,143/wk

lower than 80% of US cities

Corporate income tax

9.5%

lower than 10% of US cities

Bachelor's degree or higher

46%

+19% vs state medianhigher than 72% of US cities

Commercial electricity

11.8¢/kWh

≈ US median

Economic momentum

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

73/100

Heating

Residential permits: +120.0% (top 9%)Jobs: +0.6% (near US average)
Momentum rising · +44 over 4 yr

Ranks Sycamore'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.

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Real listings in Sycamore

LoopNetCrexiCommercialCafe

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Questions & answers
Is Sycamore 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 $1,143/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 Sycamore, IL?
Sycamore indexes at 91 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $1,190/mo and a acs median home value of $265,700.
How much does a house cost in Sycamore?
The acs median home value in Sycamore is $265,700 (Census ACS estimate; individual listings vary).
How much is rent in Sycamore?
A two-bedroom in Sycamore rents for about $1,190/mo.