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Economy in Barrington township, Illinois

Overview, People, Health, Economy, Housing, Rankings, Crime
Climate, Education, Transportation, Cost of Living, Religion, Voting

Economy
EconomyBarrington township, ILUnited States
Unemployment Rate8.90%9.10%
Recent Job Growth-1.02%-0.12%
Future Job Growth29.06%31.25%
Sales Taxes9.00%6.80%
Income Taxes3.00%6.25%
Income per Cap.$57,990$27,067
Household Income$118,894$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K4.99%12.10%
Income between 15K and 25K4.15%10.18%
Income between 25K and 35K3.90%10.56%
Income between 35K and 50K7.48%14.98%
Income between 50K and 75K12.29%19.53%
Income between 75K and 100K8.99%12.52%
Income between 100K and 150K20.54%12.14%
Income between 150K and 250K9.87%3.91%
Income between 250K and 500K19.99%3.34%
Income greater than 500K7.79%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations29.86%13.81%
Professional and Related Occupations24.55%22.68%
Service5.62%14.51%
Sales and Office28.08%25.22%
Farming, Fishing, and Forestry0.18%0.68%
Construction, Extraction, and Maintenance3.40%9.37%
Production, Transportation, and Material Moving5.49%15.86%
Median Household Income

The unemployment rate in Barrington township, IL, is 8.90%, with job growth of -1.02%. Future job growth over the next ten years is predicted to be 29.06%.

Barrington township, IL Taxes

Barrington township, IL,sales tax rate is 9.00%. Income tax is 3.00%.

Barrington township, IL Income and Salaries

The income per capita is $57,990, which includes all adults and children. The median household income is $118,894.


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