HomeIllinois › Annawan

Annawan, Illinois

town · Henry County (primary) , Bureau County

At a glance

865
Population
$135,100
Median home value (all homes)
55% below U.S. median
$189,182
Typical market value
Zillow, 2026-07
$588/mo
Median rent
56% below U.S. median
$70,729
Median household income
10% below U.S. median
23.7 min
Average commute
86.7%
Homes with broadband
99.16%
Locations with fiber available
5%
Unemployment

Cost of living (Clay Affordability Index)

CAI 87 — 13% below the national average. how it's computed

Housing38% below
Goods & services6% below
Utilities27% above
Taxes9% above
Insurance18% below
Commute cost15% below
For business: Illinois is CBII band 3/5 · time to build band 2/5. See state page for the breakdown.

Living here

Nearest 4-year college34 mi
Nearest community college28 mi
Nearest technical college29 mi
High school graduates98.5%
College graduates28.7%

Doing business here

Economic development contacts, most local first:

county Bureau County Economic Development
Dedicated to the growth and prosperity of Princeton, Illinois and Bureau County, the Princeton Area Chamber of Commerce & Main Street allocates and leverages economic development resources. It aims to sustain and enhance the community as a superior business location.
county Henry County Economic Development Partnership
The Henry County Economic Development Partnership is a not-for-profit organization with membership from local government, private sector, and local economic development groups. It aims to educate on economic development activities, coordinate resources, communicate with state and federal agencies, and develop programs to sustain existing businesses and attract new ones in Henry County.
state Ameren Economic Development Services
Ameren provides energy services in Illinois and Missouri, including energy efficiency programs, electric vehicles, renewables, and economic development resources for businesses.
state Illinois Department of Commerce & Economic Opportunity
The Illinois Department of Commerce and Economic Opportunity (DCEO) is the state's commerce department focused on creating equitable economic opportunities by attracting and supporting job creators, investing in communities, strengthening Illinois’ workforce, fostering innovation, and advancing the clean energy economy.
state Illinois Valley Area Chamber of Commerce & Eco Dev
Illinois Valley Area Chamber of Commerce & Economic Development is a regional economic development organization with a focus on business retention and expansion for both small businesses and large industrial corporations.
state NW Illinois Economic Development
NW Illinois Economic Development (NWILED) promotes economic development by fostering business growth and assisting expanding and relocating businesses, providing access to resources to start and grow their businesses, and coordinating with government and business partners.
state Northwest Illinois Development Alliance
NW Illinois Economic Development (NWILED) promotes economic development by fostering business growth and assisting expanding and relocating businesses in cooperation with government and business partners. It supports entrepreneurs by providing access to resources to start and grow their businesses and aims to create a welcoming business environment by matching the skills of the available workforce with business needs.
state Quad Cities First
Community development organization focused on local business growth; the Quad Cities Chamber helps members connect, collaborate and grow, advocates for business at city halls, in state legislatures and in Washington, D.C., and supports small and minority business development.
state Research Park at University of Illinois
Research Park is a leading technology hub on the University of Illinois campus that cultivates startups and accelerates corporate innovation. It hosts 120+ companies and over 2,000 affiliated employees, with EnterpriseWorks serving as the incubator for early-stage tech firms.
state Southwestern Illinois Development Authority
The Southwestern Illinois Development Authority (SWIDA) is a quasi-governmental, municipal corporation created by the Illinois General Assembly in 1987 to promote and enhance community and economic development in Bond, Clinton, Madison and St. Clair counties. It operates without tax dollars and uses bonds and other financing tools, real estate development services and technical development assistance.
State sales taxYes
State income taxYes
Right-to-work stateNo

Similar towns nearby

Mineral, IL 4 mi · pop 194 · $79k
Atkinson, IL 6 mi · pop 982 · $120k
Hooppole, IL 9 mi · pop 182 · $75k
Neponset, IL 9 mi · pop 446 · $68k
Sheffield, IL 9 mi · pop 874 · $102k