Economy in Belmont township, Illinois
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Economy
| Unemployment Rate | 9.80% | 9.10% |
| Recent Job Growth | 0.73% | -0.12% |
| Future Job Growth | 31.66% | 31.25% |
| Sales Taxes | 6.25% | 6.80% |
| Income Taxes | 3.00% | 6.25% |
| Income per Cap. | $26,729 | $27,067 |
| Household Income | $54,611 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 7.57% | 12.10% |
| Income between 15K and 25K | 12.00% | 10.18% |
| Income between 25K and 35K | 10.91% | 10.56% |
| Income between 35K and 50K | 15.14% | 14.98% |
| Income between 50K and 75K | 24.68% | 19.53% |
| Income between 75K and 100K | 13.86% | 12.52% |
| Income between 100K and 150K | 9.14% | 12.14% |
| Income between 150K and 250K | 4.03% | 3.91% |
| Income between 250K and 500K | 2.26% | 3.34% |
| Income greater than 500K | 0.39% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 13.47% | 13.81% |
| Professional and Related Occupations | 17.88% | 22.68% |
| Service | 13.63% | 14.51% |
| Sales and Office | 29.35% | 25.22% |
| Farming, Fishing, and Forestry | 0.24% | 0.68% |
| Construction, Extraction, and Maintenance | 6.90% | 9.37% |
| Production, Transportation, and Material Moving | 24.70% | 15.86% |
The unemployment rate in Belmont township, IL, is 9.80%, with job growth of 0.73%. Future job growth over the next ten years is predicted to be 31.66%.
Belmont township, IL Taxes
Belmont township, IL,sales tax rate is 6.25%. Income tax is 3.00%.
Belmont township, IL Income and Salaries
The income per capita is $26,729, which includes all adults and children. The median household income is $54,611.
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