Economy in Buffalo Grove, Illinois
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Economy
| Unemployment Rate | 6.70% | 9.10% |
| Recent Job Growth | -0.47% | -0.12% |
| Future Job Growth | 32.36% | 31.25% |
| Sales Taxes | 7.50% | 6.80% |
| Income Taxes | 3.00% | 6.25% |
| Income per Cap. | $43,858 | $27,067 |
| Household Income | $95,895 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 2.23% | 12.10% |
| Income between 15K and 25K | 3.26% | 10.18% |
| Income between 25K and 35K | 4.31% | 10.56% |
| Income between 35K and 50K | 9.62% | 14.98% |
| Income between 50K and 75K | 17.09% | 19.53% |
| Income between 75K and 100K | 15.88% | 12.52% |
| Income between 100K and 150K | 24.94% | 12.14% |
| Income between 150K and 250K | 9.29% | 3.91% |
| Income between 250K and 500K | 11.18% | 3.34% |
| Income greater than 500K | 2.21% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 23.93% | 13.81% |
| Professional and Related Occupations | 30.98% | 22.68% |
| Service | 6.77% | 14.51% |
| Sales and Office | 28.62% | 25.22% |
| Farming, Fishing, and Forestry | 0.00% | 0.68% |
| Construction, Extraction, and Maintenance | 4.29% | 9.37% |
| Production, Transportation, and Material Moving | 7.20% | 15.86% |
The unemployment rate in Buffalo Grove, IL, is 6.70%, with job growth of -0.47%. Future job growth over the next ten years is predicted to be 32.36%.
Buffalo Grove, IL Taxes
Buffalo Grove, IL,sales tax rate is 7.50%. Income tax is 3.00%.
Buffalo Grove, IL Income and Salaries
The income per capita is $43,858, which includes all adults and children. The median household income is $95,895.
Buffalo Grove Economy SperlingViews
Bison country: No place is perfect however BG is at or near the top especially in schooling and crime prevention. Numerous parks and biking paths. A great place to raise a family safe... (read more)Diverse Housing Options: Buffalo Grove has diverse housing options for the new home owner, singles, families, renters, folks with limited financial resources, middle income people, and wealthy... (read more)Very quite: After 5 PM is very quiet, like nobody lives... (read more)Have an opinion about Buffalo Grove? Leave a commentTo See All SperlingViews for Buffalo Grove Click Here
