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Economy in Wood River, Illinois

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

Economy
EconomyWood River, ILUnited States
Unemployment Rate9.20%9.10%
Recent Job Growth-0.07%-0.12%
Future Job Growth30.66%31.25%
Sales Taxes6.35%6.80%
Income Taxes3.00%6.25%
Income per Cap.$22,131$27,067
Household Income$41,650$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K15.43%12.10%
Income between 15K and 25K11.71%10.18%
Income between 25K and 35K14.33%10.56%
Income between 35K and 50K19.36%14.98%
Income between 50K and 75K20.08%19.53%
Income between 75K and 100K9.49%12.52%
Income between 100K and 150K7.90%12.14%
Income between 150K and 250K0.87%3.91%
Income between 250K and 500K0.72%3.34%
Income greater than 500K0.11%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations12.14%13.81%
Professional and Related Occupations18.78%22.68%
Service17.47%14.51%
Sales and Office27.32%25.22%
Farming, Fishing, and Forestry0.08%0.68%
Construction, Extraction, and Maintenance8.15%9.37%
Production, Transportation, and Material Moving20.33%15.86%
Median Household Income

The unemployment rate in Wood River, IL, is 9.20%, with job growth of -0.07%. Future job growth over the next ten years is predicted to be 30.66%.

Wood River, IL Taxes

Wood River, IL,sales tax rate is 6.35%. Income tax is 3.00%.

Wood River, IL Income and Salaries

The income per capita is $22,131, which includes all adults and children. The median household income is $41,650.


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