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Economy

Download .xls | Last Updated: June, 2014

  ECONOMY OVERVIEW
  

The unemployment rate in Rockford, IL, is 10.20%, with job growth of 2.94%. Future job growth over the next ten years is predicted to be 35.70%.

Rockford, IL Taxes
Rockford, IL,sales tax rate is 8.25%. Income tax is 5.00%.

Rockford, IL Income and Salaries

The income per capita is $21,579, which includes all adults and children. The median household income is $38,157.

ECONOMYRockford, ILUnited States
  Unemployment Rate  10.20%6.30%
  Recent Job Growth  2.94%1.18%
  Future Job Growth  35.70%36.10%
  Sales Taxes  8.25%6.00%
  Income Taxes  5.00%4.72%
  Income per Cap.  $21,579$28,051
  Household Income  $38,157$53,046
  Family Median Income  $47,856$64,585
  ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
  Income Less Than 15K  19.56%12.61%
  Income between 15K and 20K  7.99%5.33%
  Income between 20K and 30K  12.62%10.57%
  Income between 30K and 40K  11.57%9.90%
  Income between 40K and 50K  9.68%8.95%
  Income between 50K and 60K  7.88%8.08%
  Income between 60K and 75K  9.03%10.09%
  Income between 75K and 100K  9.91%12.25%
  Income between 100K and 150K  7.23%12.82%
  Income between 150K and 200K  2.13%4.78%
  Income greater than 200K  2.42%4.64%
  POPULATION BY OCCUPATION
  Management, business, finance  9.80%14.36%
  Engineering, computers, science  3.54%5.24%
  Community, social services  2.11%1.66%
  Legal  0.74%1.17%
  Education, library  5.00%6.10%
  Arts, design, media, sports, entertainment  1.61%1.88%
  Healthcare practitioners and technology  5.68%5.49%
  Healthcare support  3.75%2.47%
  Firefighters, law enforcement  2.02%2.24%
  Food preparation, serving  5.53%5.61%
  Building maintenance  4.45%3.97%
  Personal care  4.40%3.54%
  Sales, office, administrative support  24.07%24.89%
  Farming, fishing, forestry  0.27%0.73%
  Construction, extraction, maintenance/repair  6.59%8.56%
  Production, transportation, material moving  20.44%12.10%


Side-by-Side Comparison

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