Best Places for Business and Careers 2019

Peoria, IL

Peoria, IL
the place image

Peoria, IL

Peoria, IL
gross metro product
$23.3B
population
368.4K
median household income
$59,102
median home price
$119,000
cost of living
16% below nat'l avg
college attainment
30%
net migration
-760 (year: 2018)
unemployment
5.2%
major industries
Technology, Health care
job growth
1.3% (year: 2018)
As of October 2019
Peoria has become famous as a representation of the average American city because of its demographics and its perceived mainstream Midwestern culture. Museums in Peoria include the Pettengill-Morron House and the John C. Flanagan House of the Peoria Historical Society, Lakeview Museum for the Arts and Sciences and the Wheels o' Time Museum. Bradley University, Midstate College, the University of Illinois College of Medicine at Peoria, the Downtown and North campuses of Illinois Central College, and the Peoria campus of
Robert Morris University are based in the city. Peoria has hosted the Heart of Illinois Fair every year since 1949 and is also home to a number of historical sites listed on the National Register of Historical Places including the Pere Marquette Hotel and North Side and West Bluff Historic Districts.
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On forbes lists
#49
In Cost of Doing Business
#199
In Job Growth
#116
In Education
By The Numbers
EmploymentHousingEducationQuality of Life
Job Growth
1.3% (year: 2018)
Projected Annual Job Growth
0.3%
Unemployment
5.2%
Median Household Income
$59,102
Household Income Growth
1.8%
High-Tech Employment
1.1%
  • Data is for the metro area
  • Sources: Moody's Analytics; Sperling's BestPlaces; U.S. Census.
  • Numbers as of October 2019


  • a - Value of 100 means that a family with the median income has exactly enough income to qualify for a typical mortgage on a median-priced single-family home. An index above 100 signifies that the family has surplus income.
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