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Economy in Hennepin, Illinois

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyHennepin, ILUnited States
Unemployment Rate11.90%9.10%
Recent Job Growth-2.27%-0.12%
Future Job Growth23.56%31.25%
Sales Taxes6.25%6.80%
Income Taxes3.00%6.25%
Income per Cap.$28,882$27,067
Household Income$56,195$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K7.67%12.10%
Income between 15K and 25K11.00%10.18%
Income between 25K and 35K11.00%10.56%
Income between 35K and 50K14.67%14.98%
Income between 50K and 75K23.67%19.53%
Income between 75K and 100K13.33%12.52%
Income between 100K and 150K12.00%12.14%
Income between 150K and 250K4.00%3.91%
Income between 250K and 500K2.33%3.34%
Income greater than 500K0.33%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations12.00%13.81%
Professional and Related Occupations14.13%22.68%
Service15.20%14.51%
Sales and Office21.07%25.22%
Farming, Fishing, and Forestry3.47%0.68%
Construction, Extraction, and Maintenance10.13%9.37%
Production, Transportation, and Material Moving21.33%15.86%
Median Household Income

The unemployment rate in Hennepin, IL, is 11.90%, with job growth of -2.27%. Future job growth over the next ten years is predicted to be 23.56%.

Hennepin, IL Taxes

Hennepin, IL,sales tax rate is 6.25%. Income tax is 3.00%.

Hennepin, IL Income and Salaries

The income per capita is $28,882, which includes all adults and children. The median household income is $56,195.


Hennepin Economy SperlingViews

Great Small Town : Hennepin is a beautiful small town located right on the Illinois River. It is the County Seat of Putnam County, the smallest county in the state. Hennepin and Putnam... (read more)Have an opinion about Hennepin? Leave a commentTo See All SperlingViews for Hennepin Click Here