Economy in Monticello, Illinois
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Economy
| Unemployment Rate | 7.40% | 9.10% |
| Recent Job Growth | -2.79% | -0.12% |
| Future Job Growth | 27.02% | 31.25% |
| Sales Taxes | 6.25% | 6.80% |
| Income Taxes | 3.00% | 6.25% |
| Income per Cap. | $30,169 | $27,067 |
| Household Income | $56,670 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 8.04% | 12.10% |
| Income between 15K and 25K | 8.57% | 10.18% |
| Income between 25K and 35K | 10.16% | 10.56% |
| Income between 35K and 50K | 17.81% | 14.98% |
| Income between 50K and 75K | 20.86% | 19.53% |
| Income between 75K and 100K | 15.02% | 12.52% |
| Income between 100K and 150K | 13.48% | 12.14% |
| Income between 150K and 250K | 2.92% | 3.91% |
| Income between 250K and 500K | 2.74% | 3.34% |
| Income greater than 500K | 0.40% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 14.70% | 13.81% |
| Professional and Related Occupations | 28.54% | 22.68% |
| Service | 13.04% | 14.51% |
| Sales and Office | 24.17% | 25.22% |
| Farming, Fishing, and Forestry | 0.38% | 0.68% |
| Construction, Extraction, and Maintenance | 6.14% | 9.37% |
| Production, Transportation, and Material Moving | 13.52% | 15.86% |
The unemployment rate in Monticello, IL, is 7.40%, with job growth of -2.79%. Future job growth over the next ten years is predicted to be 27.02%.
Monticello, IL Taxes
Monticello, IL,sales tax rate is 6.25%. Income tax is 3.00%.
Monticello, IL Income and Salaries
The income per capita is $30,169, which includes all adults and children. The median household income is $56,670.
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