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Economy in Washington township (Tazewell county), Illinois

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Economy
EconomyWashington township (Tazewell county), ILUnited States
Unemployment Rate8.90%9.10%
Recent Job Growth1.37%-0.12%
Future Job Growth33.84%31.25%
Sales Taxes8.00%6.80%
Income Taxes3.00%6.25%
Income per Cap.$29,292$27,067
Household Income$60,885$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K7.63%12.10%
Income between 15K and 25K8.17%10.18%
Income between 25K and 35K8.48%10.56%
Income between 35K and 50K15.43%14.98%
Income between 50K and 75K24.04%19.53%
Income between 75K and 100K15.59%12.52%
Income between 100K and 150K14.79%12.14%
Income between 150K and 250K3.26%3.91%
Income between 250K and 500K2.37%3.34%
Income greater than 500K0.25%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations11.18%13.81%
Professional and Related Occupations29.75%22.68%
Service12.82%14.51%
Sales and Office24.32%25.22%
Farming, Fishing, and Forestry0.22%0.68%
Construction, Extraction, and Maintenance8.25%9.37%
Production, Transportation, and Material Moving17.83%15.86%
Median Household Income

The unemployment rate in Washington township (Tazewell county), IL, is 8.90%, with job growth of 1.37%. Future job growth over the next ten years is predicted to be 33.84%.

Washington township (Tazewell county), IL Taxes

Washington township (Tazewell county), IL,sales tax rate is 8.00%. Income tax is 3.00%.

Washington township (Tazewell county), IL Income and Salaries

The income per capita is $29,292, which includes all adults and children. The median household income is $60,885.


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