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Economy in Hanover Park, Illinois

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyHanover Park, ILUnited States
Unemployment Rate11.70%9.10%
Recent Job Growth-1.15%-0.12%
Future Job Growth26.00%31.25%
Sales Taxes8.25%6.80%
Income Taxes3.00%6.25%
Income per Cap.$26,938$27,067
Household Income$78,201$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K4.24%12.10%
Income between 15K and 25K3.23%10.18%
Income between 25K and 35K6.19%10.56%
Income between 35K and 50K12.04%14.98%
Income between 50K and 75K21.36%19.53%
Income between 75K and 100K20.84%12.52%
Income between 100K and 150K22.29%12.14%
Income between 150K and 250K5.80%3.91%
Income between 250K and 500K3.50%3.34%
Income greater than 500K0.50%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations13.66%13.81%
Professional and Related Occupations16.36%22.68%
Service14.13%14.51%
Sales and Office29.87%25.22%
Farming, Fishing, and Forestry0.13%0.68%
Construction, Extraction, and Maintenance7.98%9.37%
Production, Transportation, and Material Moving20.80%15.86%
Median Household Income

The unemployment rate in Hanover Park, IL, is 11.70%, with job growth of -1.15%. Future job growth over the next ten years is predicted to be 26.00%.

Hanover Park, IL Taxes

Hanover Park, IL,sales tax rate is 8.25%. Income tax is 3.00%.

Hanover Park, IL Income and Salaries

The income per capita is $26,938, which includes all adults and children. The median household income is $78,201.


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