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Economy

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  ECONOMY OVERVIEW
  

The unemployment rate in Cherry Valley township, Illinois, is 6.40%, with job growth of 1.15%. Future job growth over the next ten years is predicted to be 35.90%.

Cherry Valley township, Illinois Taxes
Cherry Valley township, Illinois,sales tax rate is 7.25%. Income tax is 3.75%.

Cherry Valley township, Illinois Income and Salaries

The income per capita is $23,666, which includes all adults and children. The median household income is $48,443.


  ECONOMYCherry Valley township, IllinoisUnited States
  Unemployment Rate  6.40%5.20%
  Recent Job Growth  1.15%1.59%
  Future Job Growth  35.90%37.98%
  Sales Taxes  7.25%6.00%
  Income Taxes  3.75%4.60%
  Income per Cap.  $23,666$28,555
  Household Income  $48,443$53,482
  Family Median Income  $60,391$65,443
  POPULATION BY OCCUPATION
  Agriculture, forestry, fishing, hunting  0.18%1.35%
  Mining, quarrying, oil and gas extraction  0.00%0.61%
  Construction  4.00%6.19%
  Manufacturing  25.71%10.41%
  Wholesale trade  2.59%2.72%
  Retail trade  11.62%11.55%
  Transportation and warehousing  6.37%4.11%
  Utilities  00
  Information  2.03%2.12%
  Finance and insurance  2.30%4.69%
  Real estate, rental, leasing  0.52%1.89%
  Professional, scientific, technical services  3.78%6.68%
  Management of companies  0.27%0.08%
  Administrative, support, waste mgt svcs  4.25%4.27%
  Educational services  8.43%9.34%
  Health care and social assistance  13.02%13.81%
  Arts, entertainment, recreation  0.87%2.16%
  Accommodation, food services  5.61%7.44%
  Other services  5.53%4.94%
  Public administration  1.94%4.80%

  ECONOMY MAP

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