Economy in Hoffman Estates, Illinois
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Economy
| Unemployment Rate | 6.80% | 9.10% |
| Recent Job Growth | -0.57% | -0.12% |
| Future Job Growth | 32.06% | 31.25% |
| Sales Taxes | 8.75% | 6.80% |
| Income Taxes | 3.00% | 6.25% |
| Income per Cap. | $31,755 | $27,067 |
| Household Income | $71,711 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 4.59% | 12.10% |
| Income between 15K and 25K | 4.68% | 10.18% |
| Income between 25K and 35K | 7.36% | 10.56% |
| Income between 35K and 50K | 13.77% | 14.98% |
| Income between 50K and 75K | 22.36% | 19.53% |
| Income between 75K and 100K | 16.20% | 12.52% |
| Income between 100K and 150K | 19.91% | 12.14% |
| Income between 150K and 250K | 5.53% | 3.91% |
| Income between 250K and 500K | 4.66% | 3.34% |
| Income greater than 500K | 0.95% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 19.60% | 13.81% |
| Professional and Related Occupations | 22.43% | 22.68% |
| Service | 10.96% | 14.51% |
| Sales and Office | 28.19% | 25.22% |
| Farming, Fishing, and Forestry | 0.08% | 0.68% |
| Construction, Extraction, and Maintenance | 5.79% | 9.37% |
| Production, Transportation, and Material Moving | 13.28% | 15.86% |
The unemployment rate in Hoffman Estates, IL, is 6.80%, with job growth of -0.57%. Future job growth over the next ten years is predicted to be 32.06%.
Hoffman Estates, IL Taxes
Hoffman Estates, IL,sales tax rate is 8.75%. Income tax is 3.00%.
Hoffman Estates, IL Income and Salaries
The income per capita is $31,755, which includes all adults and children. The median household income is $71,711.
Hoffman Estates Economy SperlingViews
Hoffman Eswtates Illinois (Schaumburg Area): Hoffman Estates is a good place to live. The best thing is the job market and the availability of good paying jobs. In certain areas housing is reasonably priced for... (read more)The Green Gem Of Chicago: Hoffman estates growing to greatness is it's motto and ambition. Home of Sears National Headquarters, as well as the newest indoor auditorium the Sears Center, Hoffman... (read more)Health care : Relative easy access and good services... (read more)Have an opinion about Hoffman Estates? Leave a commentTo See All SperlingViews for Hoffman Estates Click Here
