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Economy in Waukegan, Illinois

Overview, People, Health, Economy, Housing, Rankings, Crime
Climate, Education, Transportation, Cost of Living, Religion, Voting

Economy
EconomyWaukegan, ILUnited States
Unemployment Rate15.50%9.10%
Recent Job Growth-1.61%-0.12%
Future Job Growth21.28%31.25%
Sales Taxes7.50%6.80%
Income Taxes3.00%6.25%
Income per Cap.$19,278$27,067
Household Income$48,599$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K10.64%12.10%
Income between 15K and 25K11.11%10.18%
Income between 25K and 35K12.38%10.56%
Income between 35K and 50K17.41%14.98%
Income between 50K and 75K22.10%19.53%
Income between 75K and 100K12.45%12.52%
Income between 100K and 150K10.03%12.14%
Income between 150K and 250K1.99%3.91%
Income between 250K and 500K1.62%3.34%
Income greater than 500K0.26%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations8.77%13.81%
Professional and Related Occupations15.30%22.68%
Service20.68%14.51%
Sales and Office22.81%25.22%
Farming, Fishing, and Forestry0.11%0.68%
Construction, Extraction, and Maintenance9.01%9.37%
Production, Transportation, and Material Moving28.16%15.86%
Median Household Income

The unemployment rate in Waukegan, IL, is 15.50%, with job growth of -1.61%. Future job growth over the next ten years is predicted to be 21.28%.

Waukegan, IL Taxes

Waukegan, IL,sales tax rate is 7.50%. Income tax is 3.00%.

Waukegan, IL Income and Salaries

The income per capita is $19,278, which includes all adults and children. The median household income is $48,599.


Waukegan Economy SperlingViews

Up and coming city: I have been living in north east waukegan for 12 years and I am excited by the recent surge of growth in the downtown area. Thanks to the Genesee theater, there are... (read more)Have an opinion about Waukegan? Leave a commentTo See All SperlingViews for Waukegan Click Here