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Pekin: Economy & Jobs

Pekin's typical household earns $60,790 (1.3× below Tazewell County median $77,982; 1.4× below Illinois median $83,390), with homes at a median value of $120,700. The surrounding county supports 103,940 jobs (avg $74,778).

Income & Affordability

Median household income $60,790 — below the Illinois median ($77,902). Poverty rate 12.8% (U.S. average ~12.5%). 32% of renters spend more than half their income on rent ("severely cost-burdened" by HUD definition; U.S. ~24%).

Affordability · Home Price To Income2.0×
Affordability · Home Affordabilityaffordable
Affordability · Rent Pct Income15.6%
Affordability · Rent Affordabilityaffordable
Affordability · Pct Severely Rent Burdened32.1%
Affordability · Poverty Rate12.8%
Affordability · Property Tax Pct Income4.1%
Irs Income · IRS tax returns filed$84,940
Irs Income · Total Adjusted Gross Income (thousands)$6,860,659
Irs Income · Average AGI per return$80,771 (vs Illinois $100,597)
Irs Income · Year2022
Income Estimate$66,496
Median Household Income$60,790 (vs Illinois $77,902)
Poverty Rate12.8%

Sources: IRS SOI 2022 · Census ACS 5-Year 2023  ·  Refreshed 2026-04-12

Economic Character

Qualitative classification derived from Census occupation, industry, and income data — workforce composition (white-collar/blue-collar), top employing sector, and income tier.

Economic Character · Workforcemixed
Economic Character · Top IndustryEducation Healthcare
Economic Character · Income Levelmiddle-class
Economic Character · Median Income$60,790

Employment & Workforce

Employment + workforce stats. The county-level employment count covers all jobs within the county, not just town residents. Unemployment rate 3.6% — below the U.S. average of ~4%. 7% work from home (U.S. average ~15%).

Commuter Profile · Mean Commute Min21.70
Commuter Profile · Work From Home Pct7.4%
Commuter Profile · Profileshort commute
Employment · Avg annual employment (county)103,940
Employment · Total annual wages (county)$7,772,430,326
Employment · Average annual pay$74,778
Employment · Year2024
State Occupation Wages · Year2023
State Occupation Wages · All Occupations · Soc Code00-0000
State Occupation Wages · All Occupations · TitleAll Occupations
State Occupation Wages · All Occupations · Employment6,011,660
Unemployment Rate3.6% (vs Illinois 3.9%)

Sources: BLS QCEW 2023 · BLS Occupational Employment and Wage Statistics (OES) · Census ACS 5-Year 2023  ·  Refreshed 2026-04-12

Industry Sectors

Major industries by establishment count from Census County Business Patterns (2022). Sectors are NAICS-coded; counts are county-wide employer establishments.

Agriculture · Total Farms14
Agriculture · Land In Farms Acres278,241
Agriculture · Avg Farm Size Acres19,874.40
Agriculture · Top CommoditiesSod, Crop Totals, Grain, Corn, Soybeans
Agriculture · Year2022
Business Patterns · Establishments (employer count)4,222
Business Patterns · Total Employees98,815
Business Patterns · Annual Payroll Thousands7,386,188
Business Patterns · Year2022

Sources: USDA NASS Census 2022 — county FIPS matched · Census CBP API — county FIPS match

Local Business Mix

Retail and service businesses by category (Census CBP NAICS-coded). Counts cover the surrounding county, not just the town. Reflects the everyday commercial mix residents can access.

Local Businesses · Grocery Stores37
Local Businesses · Convenience Stores15
Local Businesses · Liquor Stores19
Local Businesses · Gas Stations63
Local Businesses · General Merchandise32
Local Businesses · Clothing Stores20
Local Businesses · Pet Stores5
Local Businesses · Bookstores4

Sources: Census CBP — NAICS detail codes

Dining Scene

Eating + drinking establishments by NAICS category (Census CBP 2022) — full-service restaurants, fast-food, bars, coffee shops. County-level counts.

Dining Scene · Full Service Restaurants143
Dining Scene · Fast Food143
Dining Scene · Bars78
Dining Scene · Coffee Snacks42

Sources: Census CBP NAICS 722

Banking

FDIC-insured bank branches with addresses. Branch density correlates with population — fewer branches per resident in lower-density areas.

Branches (8)

Busey Bank
PEKIN IL BRANCH · 3200 Veterans Dr · 61554
Community Partners Savings Bank
PARK-SHERIDAN FACILITY · 2121 Sheridan Rd · 61554
Heartland Bank and Trust Company
PEKIN COURT BRANCH · 3400 Court St · 61554
Woodforest National Bank
0180 PEKIN ILLINOIS BRANCH · 3320 Veterans Dr · 61554
The Atlanta National Bank
PEKIN BRANCH · 400 Broadway St · 61554
Morton Community Bank
PEKIN SAVINGS BRANCH · 601 Court St · 61554
Community Partners Savings Bank
PEKIN BRANCH · 532 Court St · 61554
PNC Bank, National Association
PEKIN BRANCH · 3545 Court St · 61554

SNAP & Food Access

USDA-authorized SNAP retailers — supermarkets, super stores, convenience stores, and other locations where SNAP benefits can be redeemed. Per-1K density tracks food access.

Sample (5)

DOLLAR GENERAL 666
Other · 845 Broadway St
Circle K 4701202
Convenience Store · 111 N Capitol St
ALDI 68027 68027
Supermarket · 3475 Court St
Thorntons 353
Convenience Store · 2820 Court St
Walmart SUPERCENTER 603
Super Store · 3320 Veterans Dr
Nearest Snap · NameDOLLAR GENERAL 666
Nearest Snap · Total In Area28

Sources: USDA SNAP API — state+city name match

Chamber of Commerce

IRS-registered chamber of commerce organizations matched to this town. Reflects the IRS Exempt Organizations BMF; some chambers operate informally and may not appear here.

Chamber Of Commerce · NamePEKIN AREA CHAMBER OF COMMERCE

Sources: IRS EO BMF  ·  Refreshed 2026-04-12

Spending & Tax

Federal spending flowing to the surrounding county — direct payments, grants, contracts, loans (USAspending.gov).

Federal Spending · Federal Spending Fy2024$1,289,345,523
Federal Spending · Per Capita7,090.94 (vs Illinois $6,804)
Federal Spending · Population181,830 people (vs Illinois 39,460)

Sources: USAspending API

Other

Job Training · Total count2
Pct Drove Alone81.3%
Pct Public Transit1.2%
Pct Walked7.4%
Retirement Score · Median age41.9 years (vs Illinois 37.7y)
Retirement Score · Ss Household Pct34.6%
Retirement Score · Hospitals Nearby2
Retirement Score · Va AccessYes
Retirement Score · Factorsolder population, strong SS base, hospital access, VA nearby
Retirement Score · Ratingexcellent

Sources: IRS BMF keyword search · Census ACS 5-Year 2023  ·  Refreshed 2026-04-12