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Economy in Grandwood Park, Illinois

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

Economy
EconomyGrandwood Park, ILUnited States
Unemployment Rate10.50%9.10%
Recent Job Growth-0.84%-0.12%
Future Job Growth27.82%31.25%
Sales Taxes6.50%6.80%
Income Taxes3.00%6.25%
Income per Cap.$41,660$27,067
Household Income$89,368$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K2.13%12.10%
Income between 15K and 25K4.27%10.18%
Income between 25K and 35K1.72%10.56%
Income between 35K and 50K10.08%14.98%
Income between 50K and 75K21.04%19.53%
Income between 75K and 100K18.49%12.52%
Income between 100K and 150K20.16%12.14%
Income between 150K and 250K8.36%3.91%
Income between 250K and 500K11.62%3.34%
Income greater than 500K2.13%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations25.58%13.81%
Professional and Related Occupations19.62%22.68%
Service12.67%14.51%
Sales and Office24.68%25.22%
Farming, Fishing, and Forestry0.00%0.68%
Construction, Extraction, and Maintenance7.38%9.37%
Production, Transportation, and Material Moving14.91%15.86%
Median Household Income

The unemployment rate in Grandwood Park, IL, is 10.50%, with job growth of -0.84%. Future job growth over the next ten years is predicted to be 27.82%.

Grandwood Park, IL Taxes

Grandwood Park, IL,sales tax rate is 6.50%. Income tax is 3.00%.

Grandwood Park, IL Income and Salaries

The income per capita is $41,660, which includes all adults and children. The median household income is $89,368.


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