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Economy in Freeport, Illinois

Overview, People, Health, Economy, Housing, Rankings, Climate
Crime, Comments, Transportation, Cost of Living, Religion, Voting

EconomyFreeport, ILUnited States
Unemployment Rate9.70%8.60%
Recent Job Growth-2.60%0.35%
Future Job Growth25.10%32.10%
Sales Taxes7.25%5.00%
Income Taxes5.00%4.70%
Income per Cap.$21,989$26,154
Household Income$39,733$50,935
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K16.00%12.37%
Income between 15K and 25K14.80%10.53%
Income between 25K and 35K13.04%10.88%
Income between 35K and 50K18.44%15.37%
Income between 50K and 75K20.66%20.14%
Income between 75K and 100K9.45%12.41%
Income between 100K and 150K5.56%11.27%
Income between 150K and 250K1.51%5.01%
Income between 250K and 500K0.50%1.86%
Income greater than 500K0.05%0.16%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations10.59%14.04%
Professional and Related Occupations18.24%20.61%
Service14.42%14.45%
Sales and Office26.10%26.75%
Farming, Fishing, and Forestry0.17%0.70%
Construction, Extraction, and Maintenance7.83%9.42%
Production, Transportation, and Material Moving22.65%14.05%


Median Household Income

The unemployment rate in Freeport, IL, is 9.70%, with job growth of -2.60%. Future job growth over the next ten years is predicted to be 25.10%.

Freeport, IL Taxes

Freeport, IL,sales tax rate is 7.25%. Income tax is 5.00%.

Freeport, IL Income and Salaries

The income per capita is $21,989, which includes all adults and children. The median household income is $39,733.


Freeport Economy SperlingViews

Look elsewhere!: Freeport has really declined in many aspects. The "ghetto area" only grows along with the crime and drugs. The economy here is not great. No jobs unless you like working... (read more)re: In Decline - 3/20/2006: I will have to agree. I have lived here for 10 years and it has gone downhill quickly. Crime is terrible. Jobs are non existent! Today the city paper had 3 jobs listed... (read more)Dump!: I will have to agree. I have lived here for 10 years and it has gone downhill quickly. City leaders did nothing from about 1960 on and now the empty buildings and crime... (read more)Have an opinion about Freeport? Leave a commentTo See All SperlingViews for Freeport Click Here