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Economy in Greenwood township (McHenry county), Illinois

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyGreenwood township (McHenry county), ILUnited States
Unemployment Rate8.90%9.10%
Recent Job Growth-0.93%-0.12%
Future Job Growth29.24%31.25%
Sales Taxes6.50%6.80%
Income Taxes3.00%6.25%
Income per Cap.$25,755$27,067
Household Income$62,788$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K5.76%12.10%
Income between 15K and 25K8.67%10.18%
Income between 25K and 35K7.18%10.56%
Income between 35K and 50K16.41%14.98%
Income between 50K and 75K23.48%19.53%
Income between 75K and 100K16.13%12.52%
Income between 100K and 150K16.95%12.14%
Income between 150K and 250K3.17%3.91%
Income between 250K and 500K2.05%3.34%
Income greater than 500K0.19%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations12.73%13.81%
Professional and Related Occupations16.21%22.68%
Service15.57%14.51%
Sales and Office28.31%25.22%
Farming, Fishing, and Forestry0.38%0.68%
Construction, Extraction, and Maintenance14.25%9.37%
Production, Transportation, and Material Moving23.53%15.86%
Median Household Income

The unemployment rate in Greenwood township (McHenry county), IL, is 8.90%, with job growth of -0.93%. Future job growth over the next ten years is predicted to be 29.24%.

Greenwood township (McHenry county), IL Taxes

Greenwood township (McHenry county), IL,sales tax rate is 6.50%. Income tax is 3.00%.

Greenwood township (McHenry county), IL Income and Salaries

The income per capita is $25,755, which includes all adults and children. The median household income is $62,788.


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