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Economy in Champaign, Illinois

Overview, People, Health, Economy, Housing, Rankings, Crime
Climate, Education, Transportation, Cost of Living, Religion, Voting

Economy
EconomyChampaign, ILUnited States
Unemployment Rate7.20%9.10%
Recent Job Growth-1.16%-0.12%
Future Job Growth30.48%31.25%
Sales Taxes7.75%6.80%
Income Taxes3.00%6.25%
Income per Cap.$22,203$27,067
Household Income$39,180$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K20.60%12.10%
Income between 15K and 25K14.20%10.18%
Income between 25K and 35K11.32%10.56%
Income between 35K and 50K14.01%14.98%
Income between 50K and 75K18.24%19.53%
Income between 75K and 100K9.33%12.52%
Income between 100K and 150K7.97%12.14%
Income between 150K and 250K2.16%3.91%
Income between 250K and 500K1.83%3.34%
Income greater than 500K0.34%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations11.59%13.81%
Professional and Related Occupations37.30%22.68%
Service19.43%14.51%
Sales and Office24.01%25.22%
Farming, Fishing, and Forestry0.52%0.68%
Construction, Extraction, and Maintenance4.64%9.37%
Production, Transportation, and Material Moving9.52%15.86%
Median Household Income

The unemployment rate in Champaign, IL, is 7.20%, with job growth of -1.16%. Future job growth over the next ten years is predicted to be 30.48%.

Champaign, IL Taxes

Champaign, IL,sales tax rate is 7.75%. Income tax is 3.00%.

Champaign, IL Income and Salaries

The income per capita is $22,203, which includes all adults and children. The median household income is $39,180.


Champaign Economy SperlingViews

if your not a collage student: Don't move hear i have been stuck hear 4 years!. if you are a bartender or work any kind of hospitality the pay is for the students $4.85 hour and they will only hire... (read more)City is past its prime but still decent: I grew up in C-U (Champaign-Urbana) overall it is a good place to live but there are some caveats about the place. C-U is a University town and without the Universty it... (read more)Family Town: Champaign is a wonderful place to raise a family. Often you miss the big city excitement. But there are TONS of restaurants. The movie theatre's are very nice. Good... (read more)Have an opinion about Champaign? Leave a commentTo See All SperlingViews for Champaign Click Here