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Waukegan, Illinois

Economy in Waukegan

Detailed economy data — sourced from authoritative datasets and normalized for direct comparison.

Economy in Waukegan, Illinois

Waukegan functions as a vital regional employment hub within northeast Illinois, driven by a powerful mix of manufacturing, healthcare, logistics, and public administration sectors. Major employers span specialized industrial manufacturing, distribution services, and county government operations anchored right in the downtown core. Proximity to major interstate routes and dual transportation networks fosters steady entrepreneurial activity and strong logistics pathways connecting Chicago and Milwaukee.

Economy & Jobs

Average Salary
$54,394
Unemployment
4.00%
GDP
$0.0B
Business Score
70

Top Industries

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About Waukegan, Illinois

Waukegan is a historic industrial and lakefront community located in Lake County, Illinois, serving as the county seat. Positioned about 36 miles north of Chicago along the southwestern shore of Lake Michigan, the city blends a rich industrial heritage with extensive redevelopments along its harbor and shorelines. Originally inhabited by Native Americans and later incorporated in the mid-19th century, Waukegan has evolved into a culturally vibrant satellite city within the broader Chicagoland metropolitan area. People are drawn to the area for its rich blend of historic architecture, extensive parks, and more accessible housing options compared to downtown Chicago.

About Illinois

Illinois, known as the "Prairie State," offers a diverse character ranging from the bustling metropolis of Chicago to expansive farmlands. Its economy is among the largest and most diversified in the U.S., with major industries including advanced manufacturing, agriculture and food processing, life sciences, technology, and transportation and logistics. While the cost of living statewide is generally considered moderate, housing costs in Chicago can be higher than the national average. Illinois experiences all four seasons, with hot, humid summers and cold, snowy winters, and is susceptible to severe storms and tornadoes, particularly in spring. Residents enjoy a lifestyle that balances world-class cultural amenities and career opportunities with challenges such as high taxes and urban congestion.

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