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Erie, IL

Full City Profile · Illinois · Henry County County

3.6 /5.0
B+ Good
1,658 Population 1,201/sq mi density
$86,750 Median Income $37,874 per capita
$147,300 Home Value $171,502 Zillow
$740 Median Rent 24.4% income on rent
50°F Avg Temperature 275 sunny days/yr
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$86,750 median income, 3.0% unemployment
A+
Affordability
5.0 / 5.0
$147,300 home value, $740/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
C
Education
2.4 / 5.0
17.4% bachelor's degree or higher

Income Overview

Median Household Income
$86,750
15% above
US avg: $75,149
Per Capita Income
$37,874
3% below
US avg: $39,052
Unemployment Rate
3.0%
17% below
US avg: 3.6%
Poverty Rate
6.7%
46% below
US avg: 12.4%

Income Comparison: Erie vs. U.S. Average

Each bar shows Erie’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$86,750
115%
Per Capita
US: $39,052
$37,874
97%
IRS Avg AGI
US: $72,000
$74,616
104%
Avg Weekly Wage
US: $1,432
$980
68%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$980
32% below US avg ($1,432)
Mean Commute Time
19 min
30% below US avg (28 min)
Work From Home
2.5%
84% below US avg (15.2%)
Drive Alone
92.0%
26% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$2,048M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 92%
Public Transit 0%
Work From Home 2.5%
Other 5.5%
Average commute time
19 minutes
US avg: 28 min

Business Landscape

Total Establishments
1,020
Restaurants
100
Healthcare
90
Retail
148
Manufacturing
46

Tax & Financial

IRS Avg Adjusted Gross Income
$74,616
4% above US avg ($72,000)
Avg Property Tax
$5,739
64% above US avg ($3,500)
Cost of Living Index
100.0
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$86,750
Per Capita Income$37,874
IRS Avg Adjusted Gross Income$74,616
Avg Weekly Wage$980
County GDP$2,048M

Hardship Indicators

Unemployment Rate3.0%
Poverty Rate6.7%
Gini Coefficient0.436
Cost of Living Index100.0

Commute

Mean Commute19 minutes
Drive Alone92.0%
Public Transit0.0%
Work From Home2.5%

Businesses

Total Establishments1,020
Restaurants100
Healthcare90
Retail148
Manufacturing46

Tax

IRS Avg AGI$74,616
Avg Property Tax$5,739