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Economy in Oak Forest, Illinois

Overview, People, Health, Economy, Housing, Rankings, Crime
Climate, Education, Transportation, Cost of Living, Religion, Voting

Economy
EconomyOak Forest, ILUnited States
Unemployment Rate8.70%9.10%
Recent Job Growth-1.18%-0.12%
Future Job Growth28.94%31.25%
Sales Taxes7.75%6.80%
Income Taxes3.00%6.25%
Income per Cap.$28,768$27,067
Household Income$71,527$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K5.11%12.10%
Income between 15K and 25K6.49%10.18%
Income between 25K and 35K7.01%10.56%
Income between 35K and 50K13.19%14.98%
Income between 50K and 75K21.36%19.53%
Income between 75K and 100K19.14%12.52%
Income between 100K and 150K20.64%12.14%
Income between 150K and 250K3.80%3.91%
Income between 250K and 500K2.92%3.34%
Income greater than 500K0.34%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations12.36%13.81%
Professional and Related Occupations20.50%22.68%
Service10.99%14.51%
Sales and Office27.38%25.22%
Farming, Fishing, and Forestry0.08%0.68%
Construction, Extraction, and Maintenance11.92%9.37%
Production, Transportation, and Material Moving15.42%15.86%
Median Household Income

The unemployment rate in Oak Forest, IL, is 8.70%, with job growth of -1.18%. Future job growth over the next ten years is predicted to be 28.94%.

Oak Forest, IL Taxes

Oak Forest, IL,sales tax rate is 7.75%. Income tax is 3.00%.

Oak Forest, IL Income and Salaries

The income per capita is $28,768, which includes all adults and children. The median household income is $71,527.


Oak Forest Economy SperlingViews

Schools: We moved here originally from Chicago to find good schools. We have not been disappointed. The housing is less expensive than the surrounding areas but the schools are... (read more)Have an opinion about Oak Forest? Leave a commentTo See All SperlingViews for Oak Forest Click Here