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Economy in Richmond, Illinois

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyRichmond, ILUnited States
Unemployment Rate8.90%9.10%
Recent Job Growth-0.93%-0.12%
Future Job Growth29.24%31.25%
Sales Taxes6.50%6.80%
Income Taxes3.00%6.25%
Income per Cap.$33,991$27,067
Household Income$69,264$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K9.09%12.10%
Income between 15K and 25K7.09%10.18%
Income between 25K and 35K4.55%10.56%
Income between 35K and 50K14.55%14.98%
Income between 50K and 75K18.91%19.53%
Income between 75K and 100K11.45%12.52%
Income between 100K and 150K20.91%12.14%
Income between 150K and 250K8.55%3.91%
Income between 250K and 500K4.00%3.34%
Income greater than 500K0.91%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations13.61%13.81%
Professional and Related Occupations23.30%22.68%
Service16.10%14.51%
Sales and Office25.00%25.22%
Farming, Fishing, and Forestry0.00%0.68%
Construction, Extraction, and Maintenance12.04%9.37%
Production, Transportation, and Material Moving17.80%15.86%
Median Household Income

The unemployment rate in Richmond, IL, is 8.90%, with job growth of -0.93%. Future job growth over the next ten years is predicted to be 29.24%.

Richmond, IL Taxes

Richmond, IL,sales tax rate is 6.50%. Income tax is 3.00%.

Richmond, IL Income and Salaries

The income per capita is $33,991, which includes all adults and children. The median household income is $69,264.


Richmond Economy SperlingViews

Brief personal opinion of Richmond, IL: Richmond is a small town community with not much to offer in the line of shopping or entertainment. The area is lovely with lots of trees and agriculture. It is... (read more)Have an opinion about Richmond? Leave a commentTo See All SperlingViews for Richmond Click Here