Economy in Urbana, Illinois
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Economy
| Unemployment Rate | 7.60% | 9.10% |
| Recent Job Growth | -1.24% | -0.12% |
| Future Job Growth | 29.92% | 31.25% |
| Sales Taxes | 7.75% | 6.80% |
| Income Taxes | 3.00% | 6.25% |
| Income per Cap. | $19,177 | $27,067 |
| Household Income | $32,963 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 23.75% | 12.10% |
| Income between 15K and 25K | 15.75% | 10.18% |
| Income between 25K and 35K | 12.93% | 10.56% |
| Income between 35K and 50K | 15.82% | 14.98% |
| Income between 50K and 75K | 15.55% | 19.53% |
| Income between 75K and 100K | 6.92% | 12.52% |
| Income between 100K and 150K | 5.67% | 12.14% |
| Income between 150K and 250K | 1.84% | 3.91% |
| Income between 250K and 500K | 1.47% | 3.34% |
| Income greater than 500K | 0.30% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 7.94% | 13.81% |
| Professional and Related Occupations | 50.77% | 22.68% |
| Service | 17.32% | 14.51% |
| Sales and Office | 20.47% | 25.22% |
| Farming, Fishing, and Forestry | 0.58% | 0.68% |
| Construction, Extraction, and Maintenance | 4.35% | 9.37% |
| Production, Transportation, and Material Moving | 7.72% | 15.86% |
The unemployment rate in Urbana, IL, is 7.60%, with job growth of -1.24%. Future job growth over the next ten years is predicted to be 29.92%.
Urbana, IL Taxes
Urbana, IL,sales tax rate is 7.75%. Income tax is 3.00%.
Urbana, IL Income and Salaries
The income per capita is $19,177, which includes all adults and children. The median household income is $32,963.
Urbana Economy SperlingViews
single source: Greetings:
Urbana is a good college town to live but it comes with the usual dependency on the university for most of its cultural entertainment. Thankfully, it has a... (read more)Okay For Some People: Urbana really doesn't have much in the way recreation unless, your into the partying scene and even then there are only a few hangout places. Urbana is more of a... (read more)Summer in Urbana: There are lots of little parks (forest preserves, town parks, state parks) in town and within 20 minutes away with lots of fun things to do (boat rentals, float trips,... (read more)Have an opinion about Urbana? Leave a commentTo See All SperlingViews for Urbana Click Here
