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Economy in Oak Park township, Illinois

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

Economy
EconomyOak Park township, ILUnited States
Unemployment Rate8.90%9.10%
Recent Job Growth-1.02%-0.12%
Future Job Growth29.06%31.25%
Sales Taxes9.00%6.80%
Income Taxes3.00%6.25%
Income per Cap.$45,110$27,067
Household Income$71,602$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K7.68%12.10%
Income between 15K and 25K5.58%10.18%
Income between 25K and 35K7.40%10.56%
Income between 35K and 50K13.68%14.98%
Income between 50K and 75K18.29%19.53%
Income between 75K and 100K13.13%12.52%
Income between 100K and 150K16.88%12.14%
Income between 150K and 250K6.99%3.91%
Income between 250K and 500K8.33%3.34%
Income greater than 500K2.03%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations19.57%13.81%
Professional and Related Occupations40.80%22.68%
Service8.30%14.51%
Sales and Office21.04%25.22%
Farming, Fishing, and Forestry0.03%0.68%
Construction, Extraction, and Maintenance2.83%9.37%
Production, Transportation, and Material Moving5.52%15.86%
Median Household Income

The unemployment rate in Oak 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%.

Oak Park township, IL Taxes

Oak Park township, IL,sales tax rate is 9.00%. Income tax is 3.00%.

Oak Park township, IL Income and Salaries

The income per capita is $45,110, which includes all adults and children. The median household income is $71,602.


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