Economy in Melrose Park, Illinois
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Economy
| Unemployment Rate | 8.90% | 9.10% |
| Recent Job Growth | -1.02% | -0.12% |
| Future Job Growth | 29.06% | 31.25% |
| Sales Taxes | 8.75% | 6.80% |
| Income Taxes | 3.00% | 6.25% |
| Income per Cap. | $18,837 | $27,067 |
| Household Income | $47,396 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 12.68% | 12.10% |
| Income between 15K and 25K | 11.86% | 10.18% |
| Income between 25K and 35K | 11.80% | 10.56% |
| Income between 35K and 50K | 16.74% | 14.98% |
| Income between 50K and 75K | 21.66% | 19.53% |
| Income between 75K and 100K | 12.00% | 12.52% |
| Income between 100K and 150K | 9.71% | 12.14% |
| Income between 150K and 250K | 1.88% | 3.91% |
| Income between 250K and 500K | 1.44% | 3.34% |
| Income greater than 500K | 0.23% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 8.61% | 13.81% |
| Professional and Related Occupations | 8.91% | 22.68% |
| Service | 16.88% | 14.51% |
| Sales and Office | 23.79% | 25.22% |
| Farming, Fishing, and Forestry | 0.28% | 0.68% |
| Construction, Extraction, and Maintenance | 8.30% | 9.37% |
| Production, Transportation, and Material Moving | 28.85% | 15.86% |
The unemployment rate in Melrose Park, IL, is 8.90%, with job growth of -1.02%. Future job growth over the next ten years is predicted to be 29.06%.
Melrose Park, IL Taxes
Melrose Park, IL,sales tax rate is 8.75%. Income tax is 3.00%.
Melrose Park, IL Income and Salaries
The income per capita is $18,837, which includes all adults and children. The median household income is $47,396.
Melrose Park Economy SperlingViews
Not a place to live: toooo... (read more)Melrose Park resident for 4 years: Melrose Park is relatively cheaper that living in Chicago. However, the public schools are not very... (read more)Have an opinion about Melrose Park? Leave a commentTo See All SperlingViews for Melrose Park Click Here
