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Economy in Freeport township, Illinois

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

Economy
EconomyFreeport township, ILUnited States
Unemployment Rate10.80%9.10%
Recent Job Growth-1.61%-0.12%
Future Job Growth25.98%31.25%
Sales Taxes7.25%6.80%
Income Taxes3.00%6.25%
Income per Cap.$20,132$27,067
Household Income$37,445$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K17.25%12.10%
Income between 15K and 25K16.02%10.18%
Income between 25K and 35K13.63%10.56%
Income between 35K and 50K18.18%14.98%
Income between 50K and 75K19.62%19.53%
Income between 75K and 100K8.77%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 Occupations22.67%22.68%
Service15.11%14.51%
Sales and Office23.79%25.22%
Farming, Fishing, and Forestry0.20%0.68%
Construction, Extraction, and Maintenance6.98%9.37%
Production, Transportation, and Material Moving25.06%15.86%
Median Household Income

The unemployment rate in Freeport township, IL, is 10.80%, with job growth of -1.61%. Future job growth over the next ten years is predicted to be 25.98%.

Freeport township, IL Taxes

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

Freeport township, IL Income and Salaries

The income per capita is $20,132, which includes all adults and children. The median household income is $37,445.


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