Economy in Oak Park, Illinois
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Economy
| Unemployment Rate | 5.60% | 9.10% |
| Recent Job Growth | -0.27% | -0.12% |
| Future Job Growth | 33.86% | 31.25% |
| Sales Taxes | 8.75% | 6.80% |
| Income Taxes | 3.00% | 6.25% |
| Income per Cap. | $45,352 | $27,067 |
| Household Income | $71,713 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 7.68% | 12.10% |
| Income between 15K and 25K | 5.58% | 10.18% |
| Income between 25K and 35K | 7.40% | 10.56% |
| Income between 35K and 50K | 13.68% | 14.98% |
| Income between 50K and 75K | 18.29% | 19.53% |
| Income between 75K and 100K | 13.13% | 12.52% |
| Income between 100K and 150K | 16.88% | 12.14% |
| Income between 150K and 250K | 6.99% | 3.91% |
| Income between 250K and 500K | 8.33% | 3.34% |
| Income greater than 500K | 2.03% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 19.57% | 13.81% |
| Professional and Related Occupations | 40.82% | 22.68% |
| Service | 8.29% | 14.51% |
| Sales and Office | 21.05% | 25.22% |
| Farming, Fishing, and Forestry | 0.03% | 0.68% |
| Construction, Extraction, and Maintenance | 2.83% | 9.37% |
| Production, Transportation, and Material Moving | 5.51% | 15.86% |
The unemployment rate in Oak Park, IL, is 5.60%, with job growth of -0.27%. Future job growth over the next ten years is predicted to be 33.86%.
Oak Park, IL Taxes
Oak Park, IL,sales tax rate is 8.75%. Income tax is 3.00%.
Oak Park, IL Income and Salaries
The income per capita is $45,352, which includes all adults and children. The median household income is $71,713.
Oak Park Economy SperlingViews
Not a bad place to raise a family: I have grew up in the Oak Park area and have lived in other cities in the country.
Oak Park is located outside of the city of Chicago. Though located reasonably... (read more)Don't believe the hype: If you don't know any better you might think Oak Park is perfect. However, if you are like me and have other places as a comparison, you know better. I will say that... (read more)Oak Park Liveability: Oak Park, Illinois, is a wonderful community that has a lot to offer to families wishing to live close to Chicago but not in it. It is a community that has pride in its... (read more)Have an opinion about Oak Park? Leave a commentTo See All SperlingViews for Oak Park Click Here
