Economy in West Point township, Illinois
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Economy
| Unemployment Rate | 10.80% | 9.10% |
| Recent Job Growth | -1.61% | -0.12% |
| Future Job Growth | 25.98% | 31.25% |
| Sales Taxes | 7.25% | 6.80% |
| Income Taxes | 3.00% | 6.25% |
| Income per Cap. | $21,741 | $27,067 |
| Household Income | $45,377 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 11.09% | 12.10% |
| Income between 15K and 25K | 12.16% | 10.18% |
| Income between 25K and 35K | 14.36% | 10.56% |
| Income between 35K and 50K | 18.09% | 14.98% |
| Income between 50K and 75K | 24.01% | 19.53% |
| Income between 75K and 100K | 11.55% | 12.52% |
| Income between 100K and 150K | 7.22% | 12.14% |
| Income between 150K and 250K | 0.38% | 3.91% |
| Income between 250K and 500K | 0.99% | 3.34% |
| Income greater than 500K | 0.15% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 7.92% | 13.81% |
| Professional and Related Occupations | 22.52% | 22.68% |
| Service | 10.52% | 14.51% |
| Sales and Office | 25.93% | 25.22% |
| Farming, Fishing, and Forestry | 3.71% | 0.68% |
| Construction, Extraction, and Maintenance | 6.99% | 9.37% |
| Production, Transportation, and Material Moving | 25.06% | 15.86% |
The unemployment rate in West Point township, IL, is 10.80%, with job growth of -1.61%. Future job growth over the next ten years is predicted to be 25.98%.
West Point township, IL Taxes
West Point township, IL,sales tax rate is 7.25%. Income tax is 3.00%.
West Point township, IL Income and Salaries
The income per capita is $21,741, which includes all adults and children. The median household income is $45,377.
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