Income & Economy in Rapids City, IL

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$90,750

+24% vs national

Per Capita Income

$41,399

+11% vs national

Poverty Rate

3.5%

-75% vs national

Gini Index

0.3773

0 = perfect equality

Unemployment

6.0%

+16% vs national

SNAP Recipients

7.3%

of households

How Rapids City Compares

Source: Census ACS (2023)

Rapids City vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Rapids City is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Rapids City. The median household income here is $90,750.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
11.5%
$25-50K
14.4%
$50-75K
16.9%
$75-100K
12.5%
$100-150K
20.1%
$150-200K
12.0%
$200K+
12.7%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

6.0%

+8% vs IL avg

Labor Force

480

Employed

451

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

15.0%

of adults 25+

High School Diploma+

41.0%

of adults 25+

Median Age

46.3

Work from Home

9.0%

of workers

The median household income in Rapids City, IL is $90,750, which is 23.9% above the national average of $73,224. Per capita income is $41,399. The poverty rate of 3.5% is lower than the IL state average of 12.0%. The Gini index of income inequality is 0.3773, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 6.0%, compared to the state average of 5.6%. 15.0% of adults hold a bachelor's degree or higher.