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Lorenzo, IL

Full City Profile · Illinois · Grundy County County

3.8 /5.0
B+ Good
64 Population 206/sq mi density
51°F Avg Temperature 275 sunny days/yr
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
C+
Safety
2.5 / 5.0
0 violent crimes/100K
A+
Education
5.0 / 5.0
52.9% bachelor's degree or higher

Income Overview

Unemployment Rate
0.0%
100% below
US avg: 3.6%
Poverty Rate
0.0%
100% below
US avg: 12.4%

Income Comparison: Lorenzo vs. U.S. Average

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

IRS Avg AGI
US: $72,000
$81,890
114%
Avg Weekly Wage
US: $1,432
$1,344
94%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,344
6% below US avg ($1,432)
County GDP
$6,044M
County-level GDP (BEA 2024)

Business Landscape

Total Establishments
1,204
Restaurants
130
Healthcare
145
Retail
162
Manufacturing
43

Tax & Financial

IRS Avg Adjusted Gross Income
$81,890
14% above US avg ($72,000)
Avg Property Tax
$6,618
89% above US avg ($3,500)
Cost of Living Index
100.0
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

IRS Avg Adjusted Gross Income$81,890
Avg Weekly Wage$1,344
County GDP$6,044M

Hardship Indicators

Unemployment Rate0.0%
Poverty Rate0.0%
Gini Coefficient0.396
Cost of Living Index100.0

Commute

Businesses

Total Establishments1,204
Restaurants130
Healthcare145
Retail162
Manufacturing43

Tax

IRS Avg AGI$81,890
Avg Property Tax$6,618