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Economy in Benton township (Lake county), Illinois

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyBenton township (Lake county), ILUnited States
Unemployment Rate10.50%9.10%
Recent Job Growth-0.84%-0.12%
Future Job Growth27.82%31.25%
Sales Taxes6.50%6.80%
Income Taxes3.00%6.25%
Income per Cap.$28,785$27,067
Household Income$70,294$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K5.74%12.10%
Income between 15K and 25K5.70%10.18%
Income between 25K and 35K7.74%10.56%
Income between 35K and 50K13.18%14.98%
Income between 50K and 75K22.09%19.53%
Income between 75K and 100K19.39%12.52%
Income between 100K and 150K19.96%12.14%
Income between 150K and 250K3.18%3.91%
Income between 250K and 500K2.62%3.34%
Income greater than 500K0.39%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations10.89%13.81%
Professional and Related Occupations17.44%22.68%
Service14.65%14.51%
Sales and Office27.16%25.22%
Farming, Fishing, and Forestry0.12%0.68%
Construction, Extraction, and Maintenance12.90%9.37%
Production, Transportation, and Material Moving21.10%15.86%
Median Household Income

The unemployment rate in Benton township (Lake county), IL, is 10.50%, with job growth of -0.84%. Future job growth over the next ten years is predicted to be 27.82%.

Benton township (Lake county), IL Taxes

Benton township (Lake county), IL,sales tax rate is 6.50%. Income tax is 3.00%.

Benton township (Lake county), IL Income and Salaries

The income per capita is $28,785, which includes all adults and children. The median household income is $70,294.


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