Economy in Algonquin township, Illinois
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Economy
| Unemployment Rate | 8.90% | 9.10% |
| Recent Job Growth | -0.93% | -0.12% |
| Future Job Growth | 29.24% | 31.25% |
| Sales Taxes | 6.50% | 6.80% |
| Income Taxes | 3.00% | 6.25% |
| Income per Cap. | $33,893 | $27,067 |
| Household Income | $84,689 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 3.10% | 12.10% |
| Income between 15K and 25K | 3.48% | 10.18% |
| Income between 25K and 35K | 4.80% | 10.56% |
| Income between 35K and 50K | 11.00% | 14.98% |
| Income between 50K and 75K | 20.32% | 19.53% |
| Income between 75K and 100K | 19.37% | 12.52% |
| Income between 100K and 150K | 25.02% | 12.14% |
| Income between 150K and 250K | 6.42% | 3.91% |
| Income between 250K and 500K | 5.64% | 3.34% |
| Income greater than 500K | 0.84% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 18.57% | 13.81% |
| Professional and Related Occupations | 24.59% | 22.68% |
| Service | 11.71% | 14.51% |
| Sales and Office | 30.48% | 25.22% |
| Farming, Fishing, and Forestry | 0.05% | 0.68% |
| Construction, Extraction, and Maintenance | 8.29% | 9.37% |
| Production, Transportation, and Material Moving | 13.66% | 15.86% |
The unemployment rate in Algonquin township, IL, is 8.90%, with job growth of -0.93%. Future job growth over the next ten years is predicted to be 29.24%.
Algonquin township, IL Taxes
Algonquin township, IL,sales tax rate is 6.50%. Income tax is 3.00%.
Algonquin township, IL Income and Salaries
The income per capita is $33,893, which includes all adults and children. The median household income is $84,689.
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