Economy in Canton, Illinois
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Economy
| Unemployment Rate | 10.60% | 9.10% |
| Recent Job Growth | 1.10% | -0.12% |
| Future Job Growth | 31.60% | 31.25% |
| Sales Taxes | 7.25% | 6.80% |
| Income Taxes | 3.00% | 6.25% |
| Income per Cap. | $19,787 | $27,067 |
| Household Income | $37,494 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 17.02% | 12.10% |
| Income between 15K and 25K | 15.87% | 10.18% |
| Income between 25K and 35K | 14.18% | 10.56% |
| Income between 35K and 50K | 18.61% | 14.98% |
| Income between 50K and 75K | 17.19% | 19.53% |
| Income between 75K and 100K | 8.43% | 12.52% |
| Income between 100K and 150K | 6.13% | 12.14% |
| Income between 150K and 250K | 1.08% | 3.91% |
| Income between 250K and 500K | 1.30% | 3.34% |
| Income greater than 500K | 0.19% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 6.65% | 13.81% |
| Professional and Related Occupations | 20.26% | 22.68% |
| Service | 21.28% | 14.51% |
| Sales and Office | 27.93% | 25.22% |
| Farming, Fishing, and Forestry | 0.85% | 0.68% |
| Construction, Extraction, and Maintenance | 11.28% | 9.37% |
| Production, Transportation, and Material Moving | 16.65% | 15.86% |
The unemployment rate in Canton, IL, is 10.60%, with job growth of 1.10%. Future job growth over the next ten years is predicted to be 31.60%.
Canton, IL Taxes
Canton, IL,sales tax rate is 7.25%. Income tax is 3.00%.
Canton, IL Income and Salaries
The income per capita is $19,787, which includes all adults and children. The median household income is $37,494.
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