Economy in Rockford, Illinois
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Economy
| Unemployment Rate | 14.20% | 9.10% |
| Recent Job Growth | -2.98% | -0.12% |
| Future Job Growth | 19.84% | 31.25% |
| Sales Taxes | 8.25% | 6.80% |
| Income Taxes | 3.00% | 6.25% |
| Income per Cap. | $21,323 | $27,067 |
| Household Income | $40,434 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 16.75% | 12.10% |
| Income between 15K and 25K | 13.18% | 10.18% |
| Income between 25K and 35K | 13.51% | 10.56% |
| Income between 35K and 50K | 17.91% | 14.98% |
| Income between 50K and 75K | 18.87% | 19.53% |
| Income between 75K and 100K | 9.24% | 12.52% |
| Income between 100K and 150K | 6.67% | 12.14% |
| Income between 150K and 250K | 1.72% | 3.91% |
| Income between 250K and 500K | 1.82% | 3.34% |
| Income greater than 500K | 0.34% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 10.82% | 13.81% |
| Professional and Related Occupations | 21.98% | 22.68% |
| Service | 16.34% | 14.51% |
| Sales and Office | 27.27% | 25.22% |
| Farming, Fishing, and Forestry | 0.09% | 0.68% |
| Construction, Extraction, and Maintenance | 6.57% | 9.37% |
| Production, Transportation, and Material Moving | 26.60% | 15.86% |
The unemployment rate in Rockford, IL, is 14.20%, with job growth of -2.98%. Future job growth over the next ten years is predicted to be 19.84%.
Rockford, IL Taxes
Rockford, IL,sales tax rate is 8.25%. Income tax is 3.00%.
Rockford, IL Income and Salaries
The income per capita is $21,323, which includes all adults and children. The median household income is $40,434.
Rockford Economy SperlingViews
bad idea---: This town is going nowhere fast-if you read the local paper it will not give you the real facts as it is trying to change the perception of the community to residents... (read more)Arctic winter conditions: If you are looking for a moderate climate, this is NOT the place for you. For example, the Rockford Public Schools are closed today (1-21-2011) due to "arctic... (read more)rockford cold: cold, cold, cold mostly cold some summer more snow than i care to have. Un friendly people, i think it is because it is so... (read more)Have an opinion about Rockford? Leave a commentTo See All SperlingViews for Rockford Click Here
