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Economy in Crystal Lake, Illinois

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyCrystal Lake, ILUnited States
Unemployment Rate8.30%9.10%
Recent Job Growth-0.76%-0.12%
Future Job Growth30.18%31.25%
Sales Taxes6.50%6.80%
Income Taxes3.00%6.25%
Income per Cap.$32,351$27,067
Household Income$80,000$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K3.90%12.10%
Income between 15K and 25K4.49%10.18%
Income between 25K and 35K5.82%10.56%
Income between 35K and 50K11.13%14.98%
Income between 50K and 75K20.56%19.53%
Income between 75K and 100K19.49%12.52%
Income between 100K and 150K23.47%12.14%
Income between 150K and 250K5.91%3.91%
Income between 250K and 500K4.54%3.34%
Income greater than 500K0.67%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations19.47%13.81%
Professional and Related Occupations25.60%22.68%
Service12.59%14.51%
Sales and Office29.39%25.22%
Farming, Fishing, and Forestry0.14%0.68%
Construction, Extraction, and Maintenance7.42%9.37%
Production, Transportation, and Material Moving12.94%15.86%
Median Household Income

The unemployment rate in Crystal Lake, IL, is 8.30%, with job growth of -0.76%. Future job growth over the next ten years is predicted to be 30.18%.

Crystal Lake, IL Taxes

Crystal Lake, IL,sales tax rate is 6.50%. Income tax is 3.00%.

Crystal Lake, IL Income and Salaries

The income per capita is $32,351, which includes all adults and children. The median household income is $80,000.


Crystal Lake Economy SperlingViews

Not a lot of diversity in some areas: My husband bought a place in Lakemoor, not far from Crystal Lake. It has definitely been an adjustment period for me since I have lived near Chicago all my life. I'm... (read more)Not much going on here...but plenty within reach: We moved to Crystal Lake in 1994, to be closer to my aging in-laws They are long gone, but we are still here for various reasons, one of which is that relocating is... (read more)Bedroom Community, Lots of Families, Long Commutes: This is a "bedroom community" in the NW suburbs of Chicago. People drive at least an hour to work or take a metro train. The only nearby jobs seem to be Banks, Retail,... (read more)Have an opinion about Crystal Lake? Leave a commentTo See All SperlingViews for Crystal Lake Click Here