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Economy in Chicago, Illinois

Overview, People, Health, Economy, Housing, Rankings, Climate
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EconomyChicago, ILUnited States
Unemployment Rate10.30%8.60%
Recent Job Growth-0.38%0.35%
Future Job Growth28.94%32.10%
Sales Taxes9.00%5.00%
Income Taxes5.00%4.70%
Income per Cap.$25,219$26,154
Household Income$45,393$50,935
Income Less Than 15K17.11%12.37%
Income between 15K and 25K10.92%10.53%
Income between 25K and 35K10.99%10.88%
Income between 35K and 50K15.06%15.37%
Income between 50K and 75K18.95%20.14%
Income between 75K and 100K10.67%12.41%
Income between 100K and 150K9.72%11.27%
Income between 150K and 250K4.57%5.01%
Income between 250K and 500K1.84%1.86%
Income greater than 500K0.16%0.16%
Management, Business, and Financial Operations14.34%14.04%
Professional and Related Occupations21.14%20.61%
Sales and Office26.63%26.75%
Farming, Fishing, and Forestry0.09%0.70%
Construction, Extraction, and Maintenance6.50%9.42%
Production, Transportation, and Material Moving15.53%14.05%

Median Household Income

The unemployment rate in Chicago, IL, is 10.30%, with job growth of -0.38%. Future job growth over the next ten years is predicted to be 28.94%.

Chicago, IL Taxes

Chicago, IL,sales tax rate is 9.00%. Income tax is 5.00%.

Chicago, IL Income and Salaries

The income per capita is $25,219, which includes all adults and children. The median household income is $45,393.

Chicago Economy SperlingViews

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)Have an opinion about Chicago? Leave a commentTo See All SperlingViews for Chicago Click Here