Economy in Norwood Park township, Illinois
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Economy
| Unemployment Rate | 8.90% | 9.10% |
| Recent Job Growth | -1.02% | -0.12% |
| Future Job Growth | 29.06% | 31.25% |
| Sales Taxes | 9.00% | 6.80% |
| Income Taxes | 3.00% | 6.25% |
| Income per Cap. | $29,515 | $27,067 |
| Household Income | $59,940 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 7.98% | 12.10% |
| Income between 15K and 25K | 8.26% | 10.18% |
| Income between 25K and 35K | 10.91% | 10.56% |
| Income between 35K and 50K | 14.51% | 14.98% |
| Income between 50K and 75K | 21.55% | 19.53% |
| Income between 75K and 100K | 13.79% | 12.52% |
| Income between 100K and 150K | 15.87% | 12.14% |
| Income between 150K and 250K | 3.19% | 3.91% |
| Income between 250K and 500K | 3.25% | 3.34% |
| Income greater than 500K | 0.69% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 13.05% | 13.81% |
| Professional and Related Occupations | 16.04% | 22.68% |
| Service | 15.09% | 14.51% |
| Sales and Office | 27.90% | 25.22% |
| Farming, Fishing, and Forestry | 0.08% | 0.68% |
| Construction, Extraction, and Maintenance | 10.06% | 9.37% |
| Production, Transportation, and Material Moving | 15.89% | 15.86% |
The unemployment rate in Norwood Park township, IL, is 8.90%, with job growth of -1.02%. Future job growth over the next ten years is predicted to be 29.06%.
Norwood Park township, IL Taxes
Norwood Park township, IL,sales tax rate is 9.00%. Income tax is 3.00%.
Norwood Park township, IL Income and Salaries
The income per capita is $29,515, which includes all adults and children. The median household income is $59,940.
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