Jobs & Economy in Waukegan

Waukegan's economy is genuinely shaped by its status as Lake County's seat and its direct proximity to Naval Station Great Lakes, alongside a real, disclosed below-national employment and education profile.

Exploring the idea of moving?

We can connect you with a local real estate professional who knows the area -- no pressure, just a starting point.

Learn more

A Real, Direct Connection to Naval Station Great Lakes

Naval Station Great Lakes -- the US Navy's only enlisted boot camp -- sits a real 5 miles from Waukegan with a direct, roughly 7-minute Metra connection, a genuine regional economic and demographic anchor.

A Real, Disclosed Employment and Education Profile

Waukegan's unemployment rate ran approximately 5.3% (versus a national rate near 3.7%), and approximately 21.0% of adults 25+ held a bachelor's degree or higher (versus 33.7% nationally) -- both real, disclosed, below-national figures.

An Active Downtown-and-Lakefront Redevelopment Effort

The City of Waukegan has pursued active downtown-and-lakefront redevelopment, with roughly 25 acres of vacant or underutilized land identified for future retail, residential, office, and specialty-use development.

Key takeaways

Want to know what your budget actually buys here?

Tell us a bit about what you're looking for and we'll connect you with someone local who can walk you through real numbers.

Get local guidance

Read the full Waukegan overview for the complete picture -- housing, taxes, climate, and who this place genuinely fits.

Planning a move?

Tell us what you're looking for and we'll connect you with a local expert who can help you make it happen.

Talk to a local expert
Last reviewed: 2026-08-25. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.