Report: Illinois data center boom could create 121K jobs, generate $300M annual property tax revenue
A new report projects that $57 billion in Illinois data center development through 2035 could support about 121,000 jobs and generate nearly $300 million annually in property tax revenue. Researchers and consumer advocates warn that the expansion could raise residential electricity bills, increase pressure on water supplies and require stronger protections before additional projects and incentives are approved.
A report from the Illinois Economic Policy Institute and the University of Illinois Project for Middle Class Renewal estimates that roughly $57 billion in proposed data center construction through 2035 could support about 121,000 jobs and produce nearly $300 million in annual property tax revenue for Illinois communities. Most of the jobs would be temporary construction or indirect positions, with approximately 2,800 permanent jobs directly operating the facilities.
The study also projects that data center electricity demand could add about $12 per month to the average Illinois residential electric bill. Gov. JB Pritzker has paused consideration of new data center tax incentives while lawmakers debate industry regulation, though previously approved incentives remain in effect. Supporters cite investment, construction jobs and tax revenue, while opponents and consumer advocates are seeking safeguards for ratepayers, water supplies and nearby communities.