Economy in Mount Morris township, Illinois
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Economy
| Unemployment Rate | 12.80% | 9.10% |
| Recent Job Growth | -3.10% | -0.12% |
| Future Job Growth | 21.00% | 31.25% |
| Sales Taxes | 6.25% | 6.80% |
| Income Taxes | 3.00% | 6.25% |
| Income per Cap. | $25,694 | $27,067 |
| Household Income | $49,329 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 10.51% | 12.10% |
| Income between 15K and 25K | 12.61% | 10.18% |
| Income between 25K and 35K | 12.15% | 10.56% |
| Income between 35K and 50K | 15.39% | 14.98% |
| Income between 50K and 75K | 24.02% | 19.53% |
| Income between 75K and 100K | 12.78% | 12.52% |
| Income between 100K and 150K | 8.98% | 12.14% |
| Income between 150K and 250K | 1.65% | 3.91% |
| Income between 250K and 500K | 1.82% | 3.34% |
| Income greater than 500K | 0.11% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 7.25% | 13.81% |
| Professional and Related Occupations | 17.84% | 22.68% |
| Service | 12.21% | 14.51% |
| Sales and Office | 25.93% | 25.22% |
| Farming, Fishing, and Forestry | 0.44% | 0.68% |
| Construction, Extraction, and Maintenance | 9.51% | 9.37% |
| Production, Transportation, and Material Moving | 29.02% | 15.86% |
The unemployment rate in Mount Morris township, IL, is 12.80%, with job growth of -3.10%. Future job growth over the next ten years is predicted to be 21.00%.
Mount Morris township, IL Taxes
Mount Morris township, IL,sales tax rate is 6.25%. Income tax is 3.00%.
Mount Morris township, IL Income and Salaries
The income per capita is $25,694, which includes all adults and children. The median household income is $49,329.
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