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Economy in Springfield, Illinois

Overview, People, Health, Economy, Housing, Rankings, Crime
Climate, Education, Transportation, Cost of Living, Religion, Voting

Economy
EconomySpringfield, ILUnited States
Unemployment Rate7.50%9.10%
Recent Job Growth0.64%-0.12%
Future Job Growth33.78%31.25%
Sales Taxes7.75%6.80%
Income Taxes3.00%6.25%
Income per Cap.$27,437$27,067
Household Income$45,944$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K12.89%12.10%
Income between 15K and 25K12.20%10.18%
Income between 25K and 35K12.31%10.56%
Income between 35K and 50K17.50%14.98%
Income between 50K and 75K19.32%19.53%
Income between 75K and 100K11.08%12.52%
Income between 100K and 150K9.85%12.14%
Income between 150K and 250K2.17%3.91%
Income between 250K and 500K2.20%3.34%
Income greater than 500K0.48%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations15.04%13.81%
Professional and Related Occupations28.23%22.68%
Service17.10%14.51%
Sales and Office28.79%25.22%
Farming, Fishing, and Forestry0.08%0.68%
Construction, Extraction, and Maintenance5.73%9.37%
Production, Transportation, and Material Moving9.10%15.86%
Median Household Income

The unemployment rate in Springfield, IL, is 7.50%, with job growth of 0.64%. Future job growth over the next ten years is predicted to be 33.78%.

Springfield, IL Taxes

Springfield, IL,sales tax rate is 7.75%. Income tax is 3.00%.

Springfield, IL Income and Salaries

The income per capita is $27,437, which includes all adults and children. The median household income is $45,944.


Springfield Economy SperlingViews

re: Springfield is a nice place to live - 4/13/200: Dude, Springfield doesn't just have a "higher than average crime rate". How about an "abysmal crime rate"? Gangs and drugs are a huge problem in Springfield, and the... (read more)Springfield is a nice place to live: First off, Springfield is becoming a thriving urban community, has a stable positive economy, and is growing steadly. The business district in Springfield is the largest... (read more)Schools not Challenging: Moved to this area about four years ago from Louisville,KY. I was a freshman in high school, I have to say the schools are not that great and seem very segregated, I... (read more)Have an opinion about Springfield? Leave a commentTo See All SperlingViews for Springfield Click Here