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Economy in Ridott, Illinois

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyRidott, ILUnited States
Unemployment Rate10.80%9.10%
Recent Job Growth-1.61%-0.12%
Future Job Growth25.98%31.25%
Sales Taxes6.75%6.80%
Income Taxes3.00%6.25%
Income per Cap.$27,828$27,067
Household Income$62,416$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K5.08%12.10%
Income between 15K and 25K5.08%10.18%
Income between 25K and 35K10.17%10.56%
Income between 35K and 50K16.95%14.98%
Income between 50K and 75K25.42%19.53%
Income between 75K and 100K16.95%12.52%
Income between 100K and 150K18.64%12.14%
Income between 150K and 250K1.69%3.91%
Income between 250K and 500K0.00%3.34%
Income greater than 500K0.00%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations15.15%13.81%
Professional and Related Occupations13.13%22.68%
Service16.16%14.51%
Sales and Office26.26%25.22%
Farming, Fishing, and Forestry2.02%0.68%
Construction, Extraction, and Maintenance5.05%9.37%
Production, Transportation, and Material Moving18.18%15.86%
Median Household Income

The unemployment rate in Ridott, IL, is 10.80%, with job growth of -1.61%. Future job growth over the next ten years is predicted to be 25.98%.

Ridott, IL Taxes

Ridott, IL,sales tax rate is 6.75%. Income tax is 3.00%.

Ridott, IL Income and Salaries

The income per capita is $27,828, which includes all adults and children. The median household income is $62,416.


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