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Economy in Troy Grove, Illinois

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyTroy Grove, ILUnited States
Unemployment Rate12.40%9.10%
Recent Job Growth-2.38%-0.12%
Future Job Growth22.84%31.25%
Sales Taxes6.50%6.80%
Income Taxes3.00%6.25%
Income per Cap.$27,246$27,067
Household Income$68,258$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K5.36%12.10%
Income between 15K and 25K3.57%10.18%
Income between 25K and 35K7.14%10.56%
Income between 35K and 50K10.71%14.98%
Income between 50K and 75K32.14%19.53%
Income between 75K and 100K24.11%12.52%
Income between 100K and 150K11.61%12.14%
Income between 150K and 250K2.68%3.91%
Income between 250K and 500K1.79%3.34%
Income greater than 500K0.89%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations9.30%13.81%
Professional and Related Occupations16.86%22.68%
Service11.63%14.51%
Sales and Office27.91%25.22%
Farming, Fishing, and Forestry1.16%0.68%
Construction, Extraction, and Maintenance10.47%9.37%
Production, Transportation, and Material Moving23.26%15.86%
Median Household Income

The unemployment rate in Troy Grove, IL, is 12.40%, with job growth of -2.38%. Future job growth over the next ten years is predicted to be 22.84%.

Troy Grove, IL Taxes

Troy Grove, IL,sales tax rate is 6.50%. Income tax is 3.00%.

Troy Grove, IL Income and Salaries

The income per capita is $27,246, which includes all adults and children. The median household income is $68,258.


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