Economy in Palatine, Illinois
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Economy
| Unemployment Rate | 8.00% | 9.10% |
| Recent Job Growth | -0.79% | -0.12% |
| Future Job Growth | 30.42% | 31.25% |
| Sales Taxes | 8.75% | 6.80% |
| Income Taxes | 3.00% | 6.25% |
| Income per Cap. | $38,340 | $27,067 |
| Household Income | $77,571 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 4.79% | 12.10% |
| Income between 15K and 25K | 5.20% | 10.18% |
| Income between 25K and 35K | 6.16% | 10.56% |
| Income between 35K and 50K | 12.82% | 14.98% |
| Income between 50K and 75K | 19.11% | 19.53% |
| Income between 75K and 100K | 16.89% | 12.52% |
| Income between 100K and 150K | 20.48% | 12.14% |
| Income between 150K and 250K | 7.02% | 3.91% |
| Income between 250K and 500K | 6.40% | 3.34% |
| Income greater than 500K | 1.13% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 19.98% | 13.81% |
| Professional and Related Occupations | 23.36% | 22.68% |
| Service | 12.07% | 14.51% |
| Sales and Office | 27.16% | 25.22% |
| Farming, Fishing, and Forestry | 0.10% | 0.68% |
| Construction, Extraction, and Maintenance | 5.86% | 9.37% |
| Production, Transportation, and Material Moving | 10.91% | 15.86% |
The unemployment rate in Palatine, IL, is 8.00%, with job growth of -0.79%. Future job growth over the next ten years is predicted to be 30.42%.
Palatine, IL Taxes
Palatine, IL,sales tax rate is 8.75%. Income tax is 3.00%.
Palatine, IL Income and Salaries
The income per capita is $38,340, which includes all adults and children. The median household income is $77,571.
Palatine Economy SperlingViews
if you love winter: Palatine, like the rest of Northern Illinois, is very cold at times - today we're well into a stretch of single digit and negative... (read more)Palatine, IL: Great place to live when commuting to the city and suburbs. Nice mix of resturants, shopping, and... (read more)Great place to live!: Palatine is a great community for raising a family. Good schools and extremely low crime rate just add to that point. Minutes to Schaumburg and all the shopping and... (read more)Have an opinion about Palatine? Leave a commentTo See All SperlingViews for Palatine Click Here
