Economy in Cortland, Illinois
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Economy
| Unemployment Rate | 8.40% | 9.10% |
| Recent Job Growth | -0.99% | -0.12% |
| Future Job Growth | 29.62% | 31.25% |
| Sales Taxes | 6.25% | 6.80% |
| Income Taxes | 3.00% | 6.25% |
| Income per Cap. | $23,824 | $27,067 |
| Household Income | $62,627 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 6.40% | 12.10% |
| Income between 15K and 25K | 6.90% | 10.18% |
| Income between 25K and 35K | 6.48% | 10.56% |
| Income between 35K and 50K | 17.00% | 14.98% |
| Income between 50K and 75K | 26.77% | 19.53% |
| Income between 75K and 100K | 18.77% | 12.52% |
| Income between 100K and 150K | 14.64% | 12.14% |
| Income between 150K and 250K | 2.44% | 3.91% |
| Income between 250K and 500K | 0.59% | 3.34% |
| Income greater than 500K | 0.00% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 9.65% | 13.81% |
| Professional and Related Occupations | 17.87% | 22.68% |
| Service | 14.78% | 14.51% |
| Sales and Office | 26.37% | 25.22% |
| Farming, Fishing, and Forestry | 0.00% | 0.68% |
| Construction, Extraction, and Maintenance | 12.85% | 9.37% |
| Production, Transportation, and Material Moving | 29.29% | 15.86% |
The unemployment rate in Cortland, IL, is 8.40%, with job growth of -0.99%. Future job growth over the next ten years is predicted to be 29.62%.
Cortland, IL Taxes
Cortland, IL,sales tax rate is 6.25%. Income tax is 3.00%.
Cortland, IL Income and Salaries
The income per capita is $23,824, which includes all adults and children. The median household income is $62,627.
Cortland Economy SperlingViews
Its okay: Cortland isn't a bad little town, it's just VERY SMALL. As in doesn't have it's own grocery store and its in the middle of corn fields. But if you like your solitude... (read more)Where is Cortland?: Cortland is a small town that most people "drive through" on their way to Sycamore or DeKalb. However, that will most likely change within the next 5 years.
The... (read more)Have an opinion about Cortland? Leave a commentTo See All SperlingViews for Cortland Click Here
