Wadsworth, IL's Data
About Wadsworth, IL's
Wadsworth is a village located in Lake County, Illinois, United States. Named after the Civil War veteran Elisha Wadsworth, the village was incorporated in 1962. Wadsworth is known for its picturesque landscapes and rural charm, positioned near the Illinois-Wisconsin border and close to Lake Michigan. This location provides a scenic backdrop and contributes to its quiet, residential character. The village is also notable for its proximity to significant transportation routes, which connect it to larger metropolitan areas.
Things To Do in Wadsworth, IL
Hike: Here are a couple of local trails to check out!
Local Attractions in Wadsworth, IL
Tempel Lipizzans - A renowned classical horse farm known for its performing Lipizzan horses.
Wadsworth Prairie Nature Preserve - A protected area offering trails and wildlife viewing opportunities.
Gold Pyramid House - A unique, pyramid-shaped private residence that was open for tours, known for its striking architecture.
Midlane Country Club - A popular golf course offering lush greens and facilities for various events.
Des Plaines River Trail - A multi-use trail that runs through several counties, ideal for hiking, biking, and nature observation.
The Economy of Wadsworth, IL
The economy of Wadsworth is primarily characterized by local businesses and agriculture, reflecting its rural roots. The village benefits from its location near major highways, which facilitates trade and commerce. Additionally, Wadsworth's economy is supplemented by tourism, attracted by its natural beauty and outdoor recreational opportunities. The presence of several golf courses and proximity to larger job markets in Chicago and Milwaukee also support its economic landscape.
Wadsworth, IL Inflation
Understanding the BLS and Inflation in Wadsworth, IL
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Wadsworth, IL. One of its key responsibilities is tracking inflation through the Consumer Price Index (CPI), which measures how the cost of everyday goods and services changes over time. Inflation can impact everything from housing prices to the cost of groceries, gas, and utilities across the area. By tracking inflation, the BLS helps people from Wadsworth, IL understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Wadsworth, IL using the CPI, highlighting how prices have changed over time. The x-axis represents time (months and years), while the y-axis represents price levels. If the graph moves upward, it means the cost of living is rising, which can affect everything from rent to gas prices. A flatter or downward trend suggests that inflation is stabilizing or decreasing. Keeping an eye on inflation is important for people from Wadsworth, IL when budgeting for housing, wages, and daily expenses. You can hover over the graph to see exact values for each month and check the "Most Recently Updated" label to ensure you’re viewing the latest available data.
Company Recall Data in Wadsworth, IL
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