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Economy in Lynwood, Illinois

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyLynwood, ILUnited States
Unemployment Rate8.90%9.10%
Recent Job Growth-1.02%-0.12%
Future Job Growth29.06%31.25%
Sales Taxes9.00%6.80%
Income Taxes3.00%6.25%
Income per Cap.$27,246$27,067
Household Income$66,306$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K7.96%12.10%
Income between 15K and 25K6.78%10.18%
Income between 25K and 35K8.74%10.56%
Income between 35K and 50K13.17%14.98%
Income between 50K and 75K20.20%19.53%
Income between 75K and 100K18.92%12.52%
Income between 100K and 150K17.88%12.14%
Income between 150K and 250K4.32%3.91%
Income between 250K and 500K1.86%3.34%
Income greater than 500K0.18%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations13.41%13.81%
Professional and Related Occupations20.91%22.68%
Service13.03%14.51%
Sales and Office25.01%25.22%
Farming, Fishing, and Forestry0.00%0.68%
Construction, Extraction, and Maintenance10.15%9.37%
Production, Transportation, and Material Moving17.24%15.86%
Median Household Income

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

Lynwood, IL Taxes

Lynwood, IL,sales tax rate is 9.00%. Income tax is 3.00%.

Lynwood, IL Income and Salaries

The income per capita is $27,246, which includes all adults and children. The median household income is $66,306.


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