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Economy in Springfield, Illinois

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

EconomySpringfield, ILUnited States
Unemployment Rate7.30%8.60%
Recent Job Growth-0.34%0.35%
Future Job Growth32.02%32.10%
Sales Taxes7.75%5.00%
Income Taxes5.00%4.70%
Income per Cap.$27,849$26,154
Household Income$45,991$50,935
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K12.49%12.37%
Income between 15K and 25K12.23%10.53%
Income between 25K and 35K12.39%10.88%
Income between 35K and 50K17.60%15.37%
Income between 50K and 75K19.46%20.14%
Income between 75K and 100K11.03%12.41%
Income between 100K and 150K9.43%11.27%
Income between 150K and 250K3.75%5.01%
Income between 250K and 500K1.49%1.86%
Income greater than 500K0.14%0.16%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations16.76%14.04%
Professional and Related Occupations24.98%20.61%
Service14.58%14.45%
Sales and Office29.63%26.75%
Farming, Fishing, and Forestry0.09%0.70%
Construction, Extraction, and Maintenance6.44%9.42%
Production, Transportation, and Material Moving7.52%14.05%


Median Household Income

The unemployment rate in Springfield, IL, is 7.30%, with job growth of -0.34%. Future job growth over the next ten years is predicted to be 32.02%.

Springfield, IL Taxes

Springfield, IL,sales tax rate is 7.75%. Income tax is 5.00%.

Springfield, IL Income and Salaries

The income per capita is $27,849, which includes all adults and children. The median household income is $45,991.


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