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Economy

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  ECONOMY OVERVIEW
  

The unemployment rate in Chicago, Illinois, is 8.40%, with job growth of 0.85%. Future job growth over the next ten years is predicted to be 33.30%.

Chicago, Illinois Taxes
Chicago, Illinois,sales tax rate is 9.25%. Income tax is 5.00%.

Chicago, Illinois Income and Salaries

The income per capita is $28,202, which includes all adults and children. The median household income is $47,408.

  ECONOMYChicago, IllinoisUnited States
  Unemployment Rate  8.40%6.30%
  Recent Job Growth  0.85%1.18%
  Future Job Growth  33.30%36.10%
  Sales Taxes  9.25%6.00%
  Income Taxes  5.00%4.72%
  Income per Cap.  $28,202$28,051
  Household Income  $47,408$53,046
  Family Median Income  $54,188$64,585
  ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
  Income Less Than 15K  17.23%12.61%
  Income between 15K and 20K  5.97%5.33%
  Income between 20K and 30K  10.96%10.57%
  Income between 30K and 40K  9.53%9.90%
  Income between 40K and 50K  8.30%8.95%
  Income between 50K and 60K  7.39%8.08%
  Income between 60K and 75K  9.17%10.09%
  Income between 75K and 100K  10.85%12.25%
  Income between 100K and 150K  10.99%12.82%
  Income between 150K and 200K  4.56%4.78%
  Income greater than 200K  5.03%4.64%
  POPULATION BY OCCUPATION
  Management, business, finance  15.33%14.36%
  Engineering, computers, science  4.67%5.24%
  Community, social services  1.92%1.66%
  Legal  2.10%1.17%
  Education, library  5.94%6.10%
  Arts, design, media, sports, entertainment  2.85%1.88%
  Healthcare practitioners and technology  4.60%5.49%
  Healthcare support  2.08%2.47%
  Firefighters, law enforcement  3.23%2.24%
  Food preparation, serving  6.27%5.61%
  Building maintenance  4.27%3.97%
  Personal care  4.28%3.54%
  Sales, office, administrative support  23.53%24.89%
  Farming, fishing, forestry  0.12%0.73%
  Construction, extraction, maintenance/repair  5.73%8.56%
  Production, transportation, material moving  13.10%12.10%
  ECONOMY COMMENTS
  
re: Chicago - 1/26/2011
I wager that those who gave a thumbs down on this comment don't even know what an Alpha Global City is, let alone that Metropolitan Chicago ranks as an Alpha Global... (read more)
Chicago
Alpha Class Global... (read more)
World Class City
Chicago is a dynamic "on the move city" which most recognize soon after they arrive. Metropolitan Chicago sometimes referred to as the crossroads of the nation is an... (read more)
To See All Comments for Chicago Click Here

  GENERAL COMMENTS
  
My Experience
I have lived in Chicago for 14 years and Chicago has been good to me, but I am now looking to move. It is a big city so my experience is all I can offer. I am a 34... (read more)
re: Chicago vs Pittsburgh vs Boston - 8/31/2014
Chicago: ease without a car depends on neighborhood. ie: It's difficult to live on the blue line and get to a red line neighborhood. Getting to the loop from most... (read more)
Chicago
I have lived in Chicago for five and a half years. Here's my opinion of Chicago. It is not the suburbs. It is a completely different place. It is the best of cities... (read more)
To See All Comments for Chicago Click Here



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