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Economy in Lake Zurich, Illinois

Overview, People, Health, Economy, Housing, Rankings, Crime
Climate, Education, Transportation, Cost of Living, Religion, Voting

Economy
EconomyLake Zurich, ILUnited States
Unemployment Rate10.50%9.10%
Recent Job Growth-0.84%-0.12%
Future Job Growth27.82%31.25%
Sales Taxes6.50%6.80%
Income Taxes3.00%6.25%
Income per Cap.$41,819$27,067
Household Income$102,987$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K2.50%12.10%
Income between 15K and 25K3.18%10.18%
Income between 25K and 35K3.77%10.56%
Income between 35K and 50K7.32%14.98%
Income between 50K and 75K15.82%19.53%
Income between 75K and 100K15.85%12.52%
Income between 100K and 150K26.24%12.14%
Income between 150K and 250K10.25%3.91%
Income between 250K and 500K12.25%3.34%
Income greater than 500K2.83%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations24.07%13.81%
Professional and Related Occupations21.49%22.68%
Service10.67%14.51%
Sales and Office30.81%25.22%
Farming, Fishing, and Forestry0.09%0.68%
Construction, Extraction, and Maintenance5.97%9.37%
Production, Transportation, and Material Moving9.73%15.86%
Median Household Income

The unemployment rate in Lake Zurich, 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 Zurich, IL Taxes

Lake Zurich, IL,sales tax rate is 6.50%. Income tax is 3.00%.

Lake Zurich, IL Income and Salaries

The income per capita is $41,819, which includes all adults and children. The median household income is $102,987.


Lake Zurich Economy SperlingViews

LZ's questionable revitalization: LZ downtown revitalization is at a standstill...with townhomes built and not selling..plus our gateway building may never be built due to disagreements on funding by the... (read more)Safe, affordable, and comfortable: The suburb provides convenient access to the Chicago Metro features, as well as the comfort of a small bedroom... (read more)re: Retro to the future - 10/22/2007: Downtown revitalization is at a standstill...with current townhomes built and not selling..plus our gateway building may never be built due to disagreements on funding... (read more)Have an opinion about Lake Zurich? Leave a commentTo See All SperlingViews for Lake Zurich Click Here