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Economic Development - St. Jacob IL In the quaint and rural village of St. Jacob, Illinois you will find businesses locally owned and managed such as the State Bank of St. Jacob or Home Telephone and Entertainment. This local ownership ensures you receive personal service and support other communities would be jealous of. St. Jacob is located within just a ten-minute drive of four major interstates, which provides an easy commute to almost anywhere in the metropolitan area of St. Louis. This strategic location and excellent transportation network provides a place where businesses have quick and efficient access to major markets and suppliers. We are also within close proximity to the Metro East Airport, which makes air transport a ready alternative for any business. Our residents take great pride in our thriving little community where businesses like MJC Constructors and Bergmann-Taylor Seed have been successful for years and will continue to flourish. We invite you to come be a part of our prosperous future!