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Economy in Freeport, Illinois

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyFreeport, ILUnited States
Unemployment Rate11.20%9.10%
Recent Job Growth-1.77%-0.12%
Future Job Growth25.26%31.25%
Sales Taxes7.25%6.80%
Income Taxes3.00%6.25%
Income per Cap.$20,206$27,067
Household Income$37,683$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K17.26%12.10%
Income between 15K and 25K16.02%10.18%
Income between 25K and 35K13.64%10.56%
Income between 35K and 50K18.18%14.98%
Income between 50K and 75K19.61%19.53%
Income between 75K and 100K8.76%12.52%
Income between 100K and 150K4.80%12.14%
Income between 150K and 250K0.80%3.91%
Income between 250K and 500K0.85%3.34%
Income greater than 500K0.08%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations9.94%13.81%
Professional and Related Occupations22.69%22.68%
Service15.10%14.51%
Sales and Office23.79%25.22%
Farming, Fishing, and Forestry0.20%0.68%
Construction, Extraction, and Maintenance6.99%9.37%
Production, Transportation, and Material Moving25.06%15.86%
Median Household Income

The unemployment rate in Freeport, IL, is 11.20%, with job growth of -1.77%. Future job growth over the next ten years is predicted to be 25.26%.

Freeport, IL Taxes

Freeport, IL,sales tax rate is 7.25%. Income tax is 3.00%.

Freeport, IL Income and Salaries

The income per capita is $20,206, which includes all adults and children. The median household income is $37,683.


Freeport Economy SperlingViews

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)In Decline: Freeport has undergone a lot of changes over the past decade....none of it good. The economy is terrible, with high unemployment, a rapidly escalating crime problem (due... (read more)Have an opinion about Freeport? Leave a commentTo See All SperlingViews for Freeport Click Here