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Economy in Champaign township, Illinois

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyChampaign township, ILUnited States
Unemployment Rate7.60%9.10%
Recent Job Growth-1.35%-0.12%
Future Job Growth29.70%31.25%
Sales Taxes7.75%6.80%
Income Taxes3.00%6.25%
Income per Cap.$41,468$27,067
Household Income$77,017$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K5.53%12.10%
Income between 15K and 25K5.78%10.18%
Income between 25K and 35K7.47%10.56%
Income between 35K and 50K11.16%14.98%
Income between 50K and 75K19.09%19.53%
Income between 75K and 100K14.57%12.52%
Income between 100K and 150K18.09%12.14%
Income between 150K and 250K7.56%3.91%
Income between 250K and 500K9.30%3.34%
Income greater than 500K1.46%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations17.79%13.81%
Professional and Related Occupations42.18%22.68%
Service10.43%14.51%
Sales and Office21.13%25.22%
Farming, Fishing, and Forestry0.21%0.68%
Construction, Extraction, and Maintenance4.04%9.37%
Production, Transportation, and Material Moving6.33%15.86%
Median Household Income

The unemployment rate in Champaign township, IL, is 7.60%, with job growth of -1.35%. Future job growth over the next ten years is predicted to be 29.70%.

Champaign township, IL Taxes

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

Champaign township, IL Income and Salaries

The income per capita is $41,468, which includes all adults and children. The median household income is $77,017.


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