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Economy in Homewood, Illinois

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyHomewood, ILUnited States
Unemployment Rate8.90%9.10%
Recent Job Growth-1.02%-0.12%
Future Job Growth29.06%31.25%
Sales Taxes7.75%6.80%
Income Taxes3.00%6.25%
Income per Cap.$30,094$27,067
Household Income$65,812$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K7.74%12.10%
Income between 15K and 25K7.18%10.18%
Income between 25K and 35K7.79%10.56%
Income between 35K and 50K13.89%14.98%
Income between 50K and 75K20.86%19.53%
Income between 75K and 100K16.62%12.52%
Income between 100K and 150K18.21%12.14%
Income between 150K and 250K4.19%3.91%
Income between 250K and 500K3.02%3.34%
Income greater than 500K0.52%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations16.47%13.81%
Professional and Related Occupations31.45%22.68%
Service10.12%14.51%
Sales and Office23.74%25.22%
Farming, Fishing, and Forestry0.00%0.68%
Construction, Extraction, and Maintenance7.62%9.37%
Production, Transportation, and Material Moving8.16%15.86%
Median Household Income

The unemployment rate in Homewood, IL, is 8.90%, with job growth of -1.02%. Future job growth over the next ten years is predicted to be 29.06%.

Homewood, IL Taxes

Homewood, IL,sales tax rate is 7.75%. Income tax is 3.00%.

Homewood, IL Income and Salaries

The income per capita is $30,094, which includes all adults and children. The median household income is $65,812.


Homewood Economy SperlingViews

It'll always be my home....: Even though I've left the Chicago area to move out west, I won't forget about where I was born & raised - Home Sweet Homewood! As part of the oft-overlooked Southern... (read more)Have an opinion about Homewood? Leave a commentTo See All SperlingViews for Homewood Click Here