Income & Economy in Royal, IL

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

Income Overview

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

Median Household Income

$93,500

+28% vs national

Per Capita Income

$50,216

+35% vs national

Poverty Rate

1.9%

-86% vs national

Gini Index

0.3128

0 = perfect equality

Unemployment

1.8%

-66% vs national

SNAP Recipients

3.7%

of households

How Royal Compares

Source: Census ACS (2023)

Royal vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Royal 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 Royal. The median household income here is $93,500.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
2.2%
$25-50K
11.2%
$50-75K
28.4%
$75-100K
12.7%
$100-150K
21.6%
$150-200K
17.2%
$200K+
6.7%

Employment Snapshot

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

Unemployment Rate

1.8%

-69% vs IL avg

Labor Force

171

Employed

168

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+

17.3%

of adults 25+

High School Diploma+

40.9%

of adults 25+

Median Age

40.1

Work from Home

9.0%

of workers

The median household income in Royal, IL is $93,500, which is 27.7% above the national average of $73,224. Per capita income is $50,216. The poverty rate of 1.9% is lower than the IL state average of 12.0%. The Gini index of income inequality is 0.3128, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 1.8%, compared to the state average of 5.6%. 17.3% of adults hold a bachelor's degree or higher.