Economy in South Grove township, Illinois
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Economy
| Unemployment Rate | 8.40% | 9.10% |
| Recent Job Growth | -0.99% | -0.12% |
| Future Job Growth | 29.62% | 31.25% |
| Sales Taxes | 6.25% | 6.80% |
| Income Taxes | 3.00% | 6.25% |
| Income per Cap. | $26,636 | $27,067 |
| Household Income | $62,620 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 7.46% | 12.10% |
| Income between 15K and 25K | 5.97% | 10.18% |
| Income between 25K and 35K | 10.95% | 10.56% |
| Income between 35K and 50K | 13.43% | 14.98% |
| Income between 50K and 75K | 23.88% | 19.53% |
| Income between 75K and 100K | 16.92% | 12.52% |
| Income between 100K and 150K | 13.43% | 12.14% |
| Income between 150K and 250K | 6.47% | 3.91% |
| Income between 250K and 500K | 1.00% | 3.34% |
| Income greater than 500K | 0.50% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 14.98% | 13.81% |
| Professional and Related Occupations | 22.15% | 22.68% |
| Service | 8.14% | 14.51% |
| Sales and Office | 20.20% | 25.22% |
| Farming, Fishing, and Forestry | 0.33% | 0.68% |
| Construction, Extraction, and Maintenance | 12.05% | 9.37% |
| Production, Transportation, and Material Moving | 21.50% | 15.86% |
The unemployment rate in South Grove township, IL, is 8.40%, with job growth of -0.99%. Future job growth over the next ten years is predicted to be 29.62%.
South Grove township, IL Taxes
South Grove township, IL,sales tax rate is 6.25%. Income tax is 3.00%.
South Grove township, IL Income and Salaries
The income per capita is $26,636, which includes all adults and children. The median household income is $62,620.
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