Economy in Morton, Illinois
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Economy
| Unemployment Rate | 8.90% | 9.10% |
| Recent Job Growth | 1.37% | -0.12% |
| Future Job Growth | 33.84% | 31.25% |
| Sales Taxes | 6.75% | 6.80% |
| Income Taxes | 3.00% | 6.25% |
| Income per Cap. | $32,523 | $27,067 |
| Household Income | $65,433 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 5.57% | 12.10% |
| Income between 15K and 25K | 7.80% | 10.18% |
| Income between 25K and 35K | 9.55% | 10.56% |
| Income between 35K and 50K | 13.01% | 14.98% |
| Income between 50K and 75K | 22.66% | 19.53% |
| Income between 75K and 100K | 16.14% | 12.52% |
| Income between 100K and 150K | 16.97% | 12.14% |
| Income between 150K and 250K | 4.35% | 3.91% |
| Income between 250K and 500K | 3.49% | 3.34% |
| Income greater than 500K | 0.45% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 19.69% | 13.81% |
| Professional and Related Occupations | 30.56% | 22.68% |
| Service | 9.71% | 14.51% |
| Sales and Office | 23.42% | 25.22% |
| Farming, Fishing, and Forestry | 0.06% | 0.68% |
| Construction, Extraction, and Maintenance | 6.46% | 9.37% |
| Production, Transportation, and Material Moving | 12.20% | 15.86% |
The unemployment rate in Morton, IL, is 8.90%, with job growth of 1.37%. Future job growth over the next ten years is predicted to be 33.84%.
Morton, IL Taxes
Morton, IL,sales tax rate is 6.75%. Income tax is 3.00%.
Morton, IL Income and Salaries
The income per capita is $32,523, which includes all adults and children. The median household income is $65,433.
Morton Economy SperlingViews
Morton, IL: Small town that is extremely well kept. Lots of humidity all the... (read more)Morton, IL: Good place to live. Safe, clean, nice people, good... (read more)Have an opinion about Morton? Leave a commentTo See All SperlingViews for Morton Click Here
