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Economy in Chicago, Illinois

Overview, People, Health, Economy, Housing, Rankings, Climate, Crime
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EconomyChicago, ILUnited States
Unemployment Rate8.40%6.30%
Recent Job Growth0.85%1.18%
Future Job Growth33.30%36.10%
Sales Taxes9.25%6.00%
Income Taxes5.00%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 15K17.23%12.61%
Income between 15K and 20K5.97%5.33%
Income between 20K and 30K10.96%10.57%
Income between 30K and 40K9.53%9.90%
Income between 40K and 50K8.30%8.95%
Income between 50K and 60K7.39%8.08%
Income between 60K and 75K9.17%10.09%
Income between 75K and 100K10.85%12.25%
Income between 100K and 150K10.99%12.82%
Income between 150K and 200K4.56%4.78%
Income greater than 200K5.03%4.64%
POPULATION BY OCCUPATION
Management, business, finance15.33%14.36%
Engineering, computers, science4.67%5.24%
Community, social services1.92%1.66%
Legal2.10%1.17%
Education, library5.94%6.10%
Arts, design, media, sports, entertainment2.85%1.88%
Healthcare practitioners and technology4.60%5.49%
Healthcare support2.08%2.47%
Firefighters, law enforcement3.23%2.24%
Food preparation, serving6.27%5.61%
Building maintenance4.27%3.97%
Personal care4.28%3.54%
Sales, office, administrative support23.53%24.89%
Farming, fishing, forestry0.12%0.73%
Construction, extraction, maintenance/repair5.73%8.56%
Production, transportation, material moving13.10%12.10%

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

Chicago, IL Taxes

Chicago, IL,sales tax rate is 9.25%. Income tax is 5.00%.

Chicago, IL Income and Salaries

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


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