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Economy in Ridott township, Illinois

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyRidott township, 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.$26,154$27,067
Household Income$58,406$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K6.51%12.10%
Income between 15K and 25K6.69%10.18%
Income between 25K and 35K11.52%10.56%
Income between 35K and 50K16.73%14.98%
Income between 50K and 75K25.09%19.53%
Income between 75K and 100K15.24%12.52%
Income between 100K and 150K14.87%12.14%
Income between 150K and 250K1.30%3.91%
Income between 250K and 500K1.67%3.34%
Income greater than 500K0.37%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations15.92%13.81%
Professional and Related Occupations16.61%22.68%
Service17.53%14.51%
Sales and Office24.45%25.22%
Farming, Fishing, and Forestry1.38%0.68%
Construction, Extraction, and Maintenance6.81%9.37%
Production, Transportation, and Material Moving20.99%15.86%
Median Household Income

The unemployment rate in Ridott township, 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 township, IL Taxes

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

Ridott township, IL Income and Salaries

The income per capita is $26,154, which includes all adults and children. The median household income is $58,406.


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