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Economy in Canton township, Illinois

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyCanton township, ILUnited States
Unemployment Rate10.60%9.10%
Recent Job Growth1.10%-0.12%
Future Job Growth31.60%31.25%
Sales Taxes6.75%6.80%
Income Taxes3.00%6.25%
Income per Cap.$20,067$27,067
Household Income$37,938$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K16.58%12.10%
Income between 15K and 25K15.72%10.18%
Income between 25K and 35K14.04%10.56%
Income between 35K and 50K18.16%14.98%
Income between 50K and 75K17.66%19.53%
Income between 75K and 100K8.70%12.52%
Income between 100K and 150K6.46%12.14%
Income between 150K and 250K1.11%3.91%
Income between 250K and 500K1.34%3.34%
Income greater than 500K0.23%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations6.78%13.81%
Professional and Related Occupations20.27%22.68%
Service21.13%14.51%
Sales and Office27.25%25.22%
Farming, Fishing, and Forestry0.88%0.68%
Construction, Extraction, and Maintenance11.94%9.37%
Production, Transportation, and Material Moving17.14%15.86%
Median Household Income

The unemployment rate in Canton township, 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 township, IL Taxes

Canton township, IL,sales tax rate is 6.75%. Income tax is 3.00%.

Canton township, IL Income and Salaries

The income per capita is $20,067, which includes all adults and children. The median household income is $37,938.


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