Economy in Vernon township, Illinois
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| Unemployment Rate | 8.60% | 8.60% |
| Recent Job Growth | -1.66% | 0.35% |
| Future Job Growth | 28.08% | 32.10% |
| Sales Taxes | 7.00% | 5.00% |
| Income Taxes | 5.00% | 4.70% |
| Income per Cap. | $50,863 | $26,154 |
| Household Income | $103,122 | $50,935 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 2.33% | 12.37% |
| Income between 15K and 25K | 2.95% | 10.53% |
| Income between 25K and 35K | 3.65% | 10.88% |
| Income between 35K and 50K | 8.84% | 15.37% |
| Income between 50K and 75K | 15.55% | 20.14% |
| Income between 75K and 100K | 15.02% | 12.41% |
| Income between 100K and 150K | 23.03% | 11.27% |
| Income between 150K and 250K | 19.84% | 5.01% |
| Income between 250K and 500K | 8.09% | 1.86% |
| Income greater than 500K | 0.70% | 0.16% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 26.34% | 14.04% |
| Professional and Related Occupations | 29.77% | 20.61% |
| Service | 6.28% | 14.45% |
| Sales and Office | 29.04% | 26.75% |
| Farming, Fishing, and Forestry | 0.02% | 0.70% |
| Construction, Extraction, and Maintenance | 3.62% | 9.42% |
| Production, Transportation, and Material Moving | 4.94% | 14.05% |
The unemployment rate in Vernon township, IL, is 8.60%, with job growth of -1.66%. Future job growth over the next ten years is predicted to be 28.08%.
Vernon township, IL Taxes
Vernon township, IL,sales tax rate is 7.00%. Income tax is 5.00%.
Vernon township, IL Income and Salaries
The income per capita is $50,863, which includes all adults and children. The median household income is $103,122.
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