Economy in Algonquin, Illinois
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| Unemployment Rate | 8.90% | 8.60% |
| Recent Job Growth | -0.48% | 0.35% |
| Future Job Growth | 30.14% | 32.10% |
| Sales Taxes | 7.25% | 5.00% |
| Income Taxes | 5.00% | 4.70% |
| Income per Cap. | $33,345 | $26,154 |
| Household Income | $85,679 | $50,935 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 2.33% | 12.37% |
| Income between 15K and 25K | 3.31% | 10.53% |
| Income between 25K and 35K | 4.90% | 10.88% |
| Income between 35K and 50K | 9.07% | 15.37% |
| Income between 50K and 75K | 21.57% | 20.14% |
| Income between 75K and 100K | 20.34% | 12.41% |
| Income between 100K and 150K | 24.68% | 11.27% |
| Income between 150K and 250K | 10.39% | 5.01% |
| Income between 250K and 500K | 3.14% | 1.86% |
| Income greater than 500K | 0.29% | 0.16% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 19.99% | 14.04% |
| Professional and Related Occupations | 21.89% | 20.61% |
| Service | 8.88% | 14.45% |
| Sales and Office | 30.93% | 26.75% |
| Farming, Fishing, and Forestry | 0.03% | 0.70% |
| Construction, Extraction, and Maintenance | 7.49% | 9.42% |
| Production, Transportation, and Material Moving | 10.79% | 14.05% |
The unemployment rate in Algonquin, IL, is 8.90%, with job growth of -0.48%. Future job growth over the next ten years is predicted to be 30.14%.
Algonquin, IL Taxes
Algonquin, IL,sales tax rate is 7.25%. Income tax is 5.00%.
Algonquin, IL Income and Salaries
The income per capita is $33,345, which includes all adults and children. The median household income is $85,679.
Algonquin Economy SperlingViews
What crime?: This town is practically Mayberry as far as crime goes.... (read more)Algonquin Illinois: Algonquin is a far northwest suburb of Chicago north of Elgin IL off of I90. The western part of Algonquin has shown significant growth and expansion over the past few... (read more)Greedy Village Zoning Board: Growth to a degree is important, however our city decided to allow a walmart right in the middle of an upscale area of town. Talk about a demographic eyesore!! Pretty... (read more)Have an opinion about Algonquin? Leave a commentTo See All SperlingViews for Algonquin Click Here
