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Economy in Montgomery (zip 60538), Illinois

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

EconomyMontgomery, ILUnited States
Unemployment Rate9.60%8.60%
Recent Job Growth-0.33%0.35%
Future Job Growth29.74%32.10%
Sales Taxes7.25%5.00%
Income Taxes5.00%4.70%
Income per Cap.$25,542$26,154
Household Income$65,297$50,935
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K5.88%12.37%
Income between 15K and 25K6.55%10.53%
Income between 25K and 35K8.18%10.88%
Income between 35K and 50K13.94%15.37%
Income between 50K and 75K25.34%20.14%
Income between 75K and 100K17.84%12.41%
Income between 100K and 150K15.99%11.27%
Income between 150K and 250K4.90%5.01%
Income between 250K and 500K1.27%1.86%
Income greater than 500K0.10%0.16%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations13.54%14.04%
Professional and Related Occupations17.37%20.61%
Service12.80%14.45%
Sales and Office31.57%26.75%
Farming, Fishing, and Forestry0.10%0.70%
Construction, Extraction, and Maintenance10.54%9.42%
Production, Transportation, and Material Moving14.09%14.05%


Median Household Income

The unemployment rate in Montgomery (zip 60538), IL, is 9.60%, with job growth of -0.33%. Future job growth over the next ten years is predicted to be 29.74%.

Montgomery (zip 60538), IL Taxes

Montgomery (zip 60538), IL,sales tax rate is 7.25%. Income tax is 5.00%.

Montgomery (zip 60538), IL Income and Salaries

The income per capita is $25,542, which includes all adults and children. The median household income is $65,297.


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