Economy in Lake Forest, Illinois
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Economy
| Unemployment Rate | 10.50% | 9.10% |
| Recent Job Growth | -0.84% | -0.12% |
| Future Job Growth | 27.82% | 31.25% |
| Sales Taxes | 7.00% | 6.80% |
| Income Taxes | 3.00% | 6.25% |
| Income per Cap. | $70,757 | $27,067 |
| Household Income | $159,368 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 2.69% | 12.10% |
| Income between 15K and 25K | 3.73% | 10.18% |
| Income between 25K and 35K | 4.73% | 10.56% |
| Income between 35K and 50K | 5.87% | 14.98% |
| Income between 50K and 75K | 9.69% | 19.53% |
| Income between 75K and 100K | 6.56% | 12.52% |
| Income between 100K and 150K | 14.82% | 12.14% |
| Income between 150K and 250K | 9.90% | 3.91% |
| Income between 250K and 500K | 27.07% | 3.34% |
| Income greater than 500K | 14.94% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 34.09% | 13.81% |
| Professional and Related Occupations | 26.60% | 22.68% |
| Service | 7.39% | 14.51% |
| Sales and Office | 27.52% | 25.22% |
| Farming, Fishing, and Forestry | 0.06% | 0.68% |
| Construction, Extraction, and Maintenance | 1.93% | 9.37% |
| Production, Transportation, and Material Moving | 2.07% | 15.86% |
The unemployment rate in Lake Forest, IL, is 10.50%, with job growth of -0.84%. Future job growth over the next ten years is predicted to be 27.82%.
Lake Forest, IL Taxes
Lake Forest, IL,sales tax rate is 7.00%. Income tax is 3.00%.
Lake Forest, IL Income and Salaries
The income per capita is $70,757, which includes all adults and children. The median household income is $159,368.
Lake Forest Economy SperlingViews
climate: Long cold winters, short cold springs, hot humid summers, nice... (read more)Chicago: The North shore of Chicago runs for 35 miles up the Lake Michigan coast and boasts easy access to Metro Chicago due to frequent train service and numerous amenities:... (read more)Have an opinion about Lake Forest? Leave a commentTo See All SperlingViews for Lake Forest Click Here
