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Economy in Racine, Wisconsin

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

Economy
EconomyRacine, WIUnited States
Unemployment Rate14.10%9.10%
Recent Job Growth-1.94%-0.12%
Future Job Growth22.02%31.25%
Sales Taxes5.10%6.80%
Income Taxes6.75%6.25%
Income per Cap.$20,075$27,067
Household Income$41,708$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K14.46%12.10%
Income between 15K and 25K14.26%10.18%
Income between 25K and 35K13.45%10.56%
Income between 35K and 50K17.47%14.98%
Income between 50K and 75K21.78%19.53%
Income between 75K and 100K10.36%12.52%
Income between 100K and 150K6.26%12.14%
Income between 150K and 250K0.89%3.91%
Income between 250K and 500K0.95%3.34%
Income greater than 500K0.14%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations9.06%13.81%
Professional and Related Occupations20.29%22.68%
Service14.30%14.51%
Sales and Office25.70%25.22%
Farming, Fishing, and Forestry0.38%0.68%
Construction, Extraction, and Maintenance7.87%9.37%
Production, Transportation, and Material Moving25.02%15.86%
Median Household Income

The unemployment rate in Racine, WI, is 14.10%, with job growth of -1.94%. Future job growth over the next ten years is predicted to be 22.02%.

Racine, WI Taxes

Racine, WI,sales tax rate is 5.10%. Income tax is 6.75%.

Racine, WI Income and Salaries

The income per capita is $20,075, which includes all adults and children. The median household income is $41,708.


Racine Economy SperlingViews

Not booming: Racine has lost so many jobs in the past 15 yrs, the economy looks bleek not to mention the bitter cold winters suck big time! The schools here are not something to be... (read more)Racine = North Pole: This city is awful, bitter cold winters, rude people, crime, taxes, you name it, Racine is the... (read more)OK: The Lake is cool. The beach is OK. The zoo is nice, and affordable. There are pleanty of bike trails. Some festivals. In alot of ways Racine is like a college town... (read more)Have an opinion about Racine? Leave a commentTo See All SperlingViews for Racine Click Here