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Economy in Franklin Park, Illinois

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyFranklin Park, ILUnited States
Unemployment Rate8.90%9.10%
Recent Job Growth-1.02%-0.12%
Future Job Growth29.06%31.25%
Sales Taxes7.75%6.80%
Income Taxes3.00%6.25%
Income per Cap.$20,627$27,067
Household Income$55,185$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K9.69%12.10%
Income between 15K and 25K8.53%10.18%
Income between 25K and 35K11.73%10.56%
Income between 35K and 50K15.27%14.98%
Income between 50K and 75K23.61%19.53%
Income between 75K and 100K15.05%12.52%
Income between 100K and 150K13.21%12.14%
Income between 150K and 250K2.02%3.91%
Income between 250K and 500K0.77%3.34%
Income greater than 500K0.12%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations9.27%13.81%
Professional and Related Occupations13.20%22.68%
Service12.23%14.51%
Sales and Office26.15%25.22%
Farming, Fishing, and Forestry0.14%0.68%
Construction, Extraction, and Maintenance9.40%9.37%
Production, Transportation, and Material Moving28.31%15.86%
Median Household Income

The unemployment rate in Franklin Park, IL, is 8.90%, with job growth of -1.02%. Future job growth over the next ten years is predicted to be 29.06%.

Franklin Park, IL Taxes

Franklin Park, IL,sales tax rate is 7.75%. Income tax is 3.00%.

Franklin Park, IL Income and Salaries

The income per capita is $20,627, which includes all adults and children. The median household income is $55,185.


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