Economy in Genoa, Illinois
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Economy
| Unemployment Rate | 8.40% | 9.10% |
| Recent Job Growth | -0.99% | -0.12% |
| Future Job Growth | 29.62% | 31.25% |
| Sales Taxes | 6.25% | 6.80% |
| Income Taxes | 3.00% | 6.25% |
| Income per Cap. | $25,146 | $27,067 |
| Household Income | $59,024 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 6.63% | 12.10% |
| Income between 15K and 25K | 9.20% | 10.18% |
| Income between 25K and 35K | 7.29% | 10.56% |
| Income between 35K and 50K | 18.16% | 14.98% |
| Income between 50K and 75K | 23.84% | 19.53% |
| Income between 75K and 100K | 14.93% | 12.52% |
| Income between 100K and 150K | 16.19% | 12.14% |
| Income between 150K and 250K | 3.11% | 3.91% |
| Income between 250K and 500K | 0.66% | 3.34% |
| Income greater than 500K | 0.00% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 9.37% | 13.81% |
| Professional and Related Occupations | 16.07% | 22.68% |
| Service | 12.16% | 14.51% |
| Sales and Office | 21.25% | 25.22% |
| Farming, Fishing, and Forestry | 0.23% | 0.68% |
| Construction, Extraction, and Maintenance | 15.53% | 9.37% |
| Production, Transportation, and Material Moving | 28.91% | 15.86% |
The unemployment rate in Genoa, IL, is 8.40%, with job growth of -0.99%. Future job growth over the next ten years is predicted to be 29.62%.
Genoa, IL Taxes
Genoa, IL,sales tax rate is 6.25%. Income tax is 3.00%.
Genoa, IL Income and Salaries
The income per capita is $25,146, which includes all adults and children. The median household income is $59,024.
Genoa Economy SperlingViews
Genoa-60135: Living in Genoa my whole life, I can truely appreciate the area. Although voted "first to move out of Genoa" in highschool, I quickly changed my mind when I had a... (read more)Have an opinion about Genoa? Leave a commentTo See All SperlingViews for Genoa Click Here
