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Economy in Peoria, Illinois

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyPeoria, ILUnited States
Unemployment Rate9.50%9.10%
Recent Job Growth2.10%-0.12%
Future Job Growth34.70%31.25%
Sales Taxes8.00%6.80%
Income Taxes3.00%6.25%
Income per Cap.$25,038$27,067
Household Income$44,190$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K16.31%12.10%
Income between 15K and 25K12.42%10.18%
Income between 25K and 35K11.82%10.56%
Income between 35K and 50K15.12%14.98%
Income between 50K and 75K18.42%19.53%
Income between 75K and 100K10.51%12.52%
Income between 100K and 150K10.05%12.14%
Income between 150K and 250K2.50%3.91%
Income between 250K and 500K2.31%3.34%
Income greater than 500K0.53%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations13.57%13.81%
Professional and Related Occupations27.16%22.68%
Service16.82%14.51%
Sales and Office23.28%25.22%
Farming, Fishing, and Forestry0.06%0.68%
Construction, Extraction, and Maintenance5.30%9.37%
Production, Transportation, and Material Moving13.27%15.86%
Median Household Income

The unemployment rate in Peoria, IL, is 9.50%, with job growth of 2.10%. Future job growth over the next ten years is predicted to be 34.70%.

Peoria, IL Taxes

Peoria, IL,sales tax rate is 8.00%. Income tax is 3.00%.

Peoria, IL Income and Salaries

The income per capita is $25,038, which includes all adults and children. The median household income is $44,190.


Peoria Economy SperlingViews

Engineering City: Good midwestern city with formitable downtown and layout. Plenty to do including minor league sports, arts, and other... (read more)Suprisingly good mountain biking: For a city that 800 miles from the nearest mountain, Peoria has a surprising amount of quality single-track mountain bike trails. No drastic elevation changes for long... (read more)P-town: In the past we have had the highest violent crime rate per capita in the state of Illinois. Yes, even higher than Chicago's. The rate is declining, but it is still not a... (read more)Have an opinion about Peoria? Leave a commentTo See All SperlingViews for Peoria Click Here