Niles is a thriving community that welcomes new businesses that add to its economic strength and provide jobs for its citizens. Throughout the village, dozens of retailers, manufacturers and service firms generate constant trade. The well-established financial district hums with daily activity as well.
Village officials and the Niles Chamber of Commerce have orchestrated continuous economic growth by expanding business and industrial opportunities and improving services, insuring success for future generations. Civic and business leaders in Niles meet regularly with organizations seeking to relocate to the city and provide the expertise needed to accommodate both the city and business partners in planned growth.
A significant percentage of Niles workers commute to Chicago, while the remainder work in Niles or the surrounding communities. The Illinois Department of Employment Security has reported that the total resident labor force and the number of persons employed increased over the past decade while the unemployment rate has decreased to new low levels.
While many towns have faded in the second half of the 20th century, Niles continues to thrive and expand, serving the economic and social needs of its diverse, hardworking population. Seven major financial institutions and four Savings and Loans provide economic planning and assistance to bolster the village's reported assets, which exceed $562 million. With all that the Village has to offer, it's easy to see why more than 1,300 business success stories begin right here in Niles.
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