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Economy in Vernon Hills, Illinois

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyVernon Hills, ILUnited States
Unemployment Rate10.50%9.10%
Recent Job Growth-0.84%-0.12%
Future Job Growth27.82%31.25%
Sales Taxes6.50%6.80%
Income Taxes3.00%6.25%
Income per Cap.$41,863$27,067
Household Income$91,487$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K4.38%12.10%
Income between 15K and 25K3.33%10.18%
Income between 25K and 35K4.56%10.56%
Income between 35K and 50K11.91%14.98%
Income between 50K and 75K15.43%19.53%
Income between 75K and 100K15.52%12.52%
Income between 100K and 150K22.79%12.14%
Income between 150K and 250K10.31%3.91%
Income between 250K and 500K10.17%3.34%
Income greater than 500K1.59%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations24.53%13.81%
Professional and Related Occupations30.06%22.68%
Service10.11%14.51%
Sales and Office28.81%25.22%
Farming, Fishing, and Forestry0.00%0.68%
Construction, Extraction, and Maintenance3.78%9.37%
Production, Transportation, and Material Moving8.83%15.86%
Median Household Income

The unemployment rate in Vernon Hills, IL, is 10.50%, with job growth of -0.84%. Future job growth over the next ten years is predicted to be 27.82%.

Vernon Hills, IL Taxes

Vernon Hills, IL,sales tax rate is 6.50%. Income tax is 3.00%.

Vernon Hills, IL Income and Salaries

The income per capita is $41,863, which includes all adults and children. The median household income is $91,487.


Vernon Hills Economy SperlingViews

Great Public Schools: The Vernon Hills public school is top notch, consistently rated among the highest in the U.S. Schools are new, low pupil to teacher ratio, with many after school... (read more)Parks and more: Vernon Hills and surrounding areas have a wonderful parks and recreation services. There are several nature and biking trails that are easily accessible and clean. If... (read more)Very nice area: I have lived in the Chicagoland area for over a year and a half and have not been overly impressed. I moved to Vernon Hills in May and have renewed faith in the area. ... (read more)Have an opinion about Vernon Hills? Leave a commentTo See All SperlingViews for Vernon Hills Click Here