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Economy in Milton township, Illinois

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyMilton township, ILUnited States
Unemployment Rate6.90%9.10%
Recent Job Growth-0.70%-0.12%
Future Job Growth31.70%31.25%
Sales Taxes6.75%6.80%
Income Taxes3.00%6.25%
Income per Cap.$38,809$27,067
Household Income$79,480$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K5.06%12.10%
Income between 15K and 25K5.20%10.18%
Income between 25K and 35K7.09%10.56%
Income between 35K and 50K11.55%14.98%
Income between 50K and 75K18.51%19.53%
Income between 75K and 100K14.87%12.52%
Income between 100K and 150K19.16%12.14%
Income between 150K and 250K7.68%3.91%
Income between 250K and 500K9.08%3.34%
Income greater than 500K1.81%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations21.17%13.81%
Professional and Related Occupations29.99%22.68%
Service10.34%14.51%
Sales and Office28.56%25.22%
Farming, Fishing, and Forestry0.04%0.68%
Construction, Extraction, and Maintenance4.59%9.37%
Production, Transportation, and Material Moving8.82%15.86%
Median Household Income

The unemployment rate in Milton township, IL, is 6.90%, with job growth of -0.70%. Future job growth over the next ten years is predicted to be 31.70%.

Milton township, IL Taxes

Milton township, IL,sales tax rate is 6.75%. Income tax is 3.00%.

Milton township, IL Income and Salaries

The income per capita is $38,809, which includes all adults and children. The median household income is $79,480.


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