Economy in Normal, Illinois
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Economy
| Unemployment Rate | 6.20% | 9.10% |
| Recent Job Growth | 0.51% | -0.12% |
| Future Job Growth | 34.82% | 31.25% |
| Sales Taxes | 7.50% | 6.80% |
| Income Taxes | 3.00% | 6.25% |
| Income per Cap. | $21,319 | $27,067 |
| Household Income | $47,502 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 13.44% | 12.10% |
| Income between 15K and 25K | 12.08% | 10.18% |
| Income between 25K and 35K | 11.58% | 10.56% |
| Income between 35K and 50K | 15.33% | 14.98% |
| Income between 50K and 75K | 19.08% | 19.53% |
| Income between 75K and 100K | 12.77% | 12.52% |
| Income between 100K and 150K | 12.04% | 12.14% |
| Income between 150K and 250K | 2.26% | 3.91% |
| Income between 250K and 500K | 1.22% | 3.34% |
| Income greater than 500K | 0.19% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 13.57% | 13.81% |
| Professional and Related Occupations | 25.58% | 22.68% |
| Service | 19.93% | 14.51% |
| Sales and Office | 32.43% | 25.22% |
| Farming, Fishing, and Forestry | 0.12% | 0.68% |
| Construction, Extraction, and Maintenance | 4.40% | 9.37% |
| Production, Transportation, and Material Moving | 8.57% | 15.86% |
The unemployment rate in Normal, IL, is 6.20%, with job growth of 0.51%. Future job growth over the next ten years is predicted to be 34.82%.
Normal, IL Taxes
Normal, IL,sales tax rate is 7.50%. Income tax is 3.00%.
Normal, IL Income and Salaries
The income per capita is $21,319, which includes all adults and children. The median household income is $47,502.
Normal Economy SperlingViews
Quality of University: I would like to know more about the quality of education at Illinois State... (read more)Great place to raise a family: With relatively low crime, good schools and excellent access to higher education, Normal is a great place to raise a family. The city is trying to update its city center... (read more)Normal - Pros/Cons: Pros:
1. Low crime rate
2. Excellent school system
3. Affordable place to live
4. An overall good place to live and raise a family
Cons:
1. High housing... (read more)Have an opinion about Normal? Leave a commentTo See All SperlingViews for Normal Click Here