Economy in Phoenix, Illinois
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Economy
| Unemployment Rate | 8.90% | 9.10% |
| Recent Job Growth | -1.02% | -0.12% |
| Future Job Growth | 29.06% | 31.25% |
| Sales Taxes | 9.00% | 6.80% |
| Income Taxes | 3.00% | 6.25% |
| Income per Cap. | $17,418 | $27,067 |
| Household Income | $38,850 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 16.89% | 12.10% |
| Income between 15K and 25K | 15.14% | 10.18% |
| Income between 25K and 35K | 13.54% | 10.56% |
| Income between 35K and 50K | 16.59% | 14.98% |
| Income between 50K and 75K | 17.90% | 19.53% |
| Income between 75K and 100K | 9.17% | 12.52% |
| Income between 100K and 150K | 8.29% | 12.14% |
| Income between 150K and 250K | 1.02% | 3.91% |
| Income between 250K and 500K | 1.16% | 3.34% |
| Income greater than 500K | 0.29% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 7.61% | 13.81% |
| Professional and Related Occupations | 22.08% | 22.68% |
| Service | 18.15% | 14.51% |
| Sales and Office | 19.80% | 25.22% |
| Farming, Fishing, and Forestry | 0.00% | 0.68% |
| Construction, Extraction, and Maintenance | 5.33% | 9.37% |
| Production, Transportation, and Material Moving | 19.04% | 15.86% |
The unemployment rate in Phoenix, IL, is 8.90%, with job growth of -1.02%. Future job growth over the next ten years is predicted to be 29.06%.
Phoenix, IL Taxes
Phoenix, IL,sales tax rate is 9.00%. Income tax is 3.00%.
Phoenix, IL Income and Salaries
The income per capita is $17,418, which includes all adults and children. The median household income is $38,850.
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