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2024 Compare Cities Economy:
Schaumburg, IL vs Morgantown, WV

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Highlights
- Household income in Morgantown, is 57% less than it is in Schaumburg and is 87% below the National Average.
- Schaumburg unemployment rate is 5.3%.
- Morgantown unemployment rate is 4.4%.

Economy
 Schaumburg, ILMorgantown, WVUnited States
 Unemployment Rate5.3%4.4%6.0%
 Recent Job Growth-0.2%2.2%1.6%
 Future Job Growth27.9%37.3%33.5%
 Sales Taxes10.0%6.0%6.2%
 Income Taxes5.0%6.0%4.6%
 Income per Cap.$44,170$26,824$37,638
 Household Income$85,147$36,991$69,021
 Family Median Income$101,084$84,008$85,028
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 Est. Households By Income
 Schaumburg, ILMorgantown, WVUnited States
 Income Less Than 15K5.4%26.8%9.4%
 Income between 15K and 20K2.4%5.4%3.8%
 Income between 20K and 30K5.0%10.3%8.1%
 Income between 30K and 40K5.3%8.9%8.0%
 Income between 40K and 50K7.0%6.2%7.6%
 Income between 50K and 60K6.2%6.5%7.2%
 Income between 60K and 75K11.6%5.6%9.6%
 Income between 75K and 100K16.9%8.0%12.8%
 Income between 100K and 150K20.8%12.9%16.3%
 Income between 150K and 200K10.5%4.0%7.8%
 Income greater than 200K8.9%5.5%9.5%
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 Population By Occupation
 Schaumburg, ILMorgantown, WVUnited States
 Management, business, finance22.2%10.1%16.4%
 Engineering, computers, science12.3%7.4%6.5%
 Community, social services1.6%1.7%1.8%
 Legal1.3%2.1%1.2%
 Education, library5.7%16.3%6.2%
 Arts, design, media, sports, entertainment2.4%3.5%2.0%
 Healthcare practitioners and technology6.5%6.3%6.2%
 Healthcare support2.4%1.8%3.3%
 Firefighters, law enforcement1.3%3.1%2.1%
 Food preparation, serving3.5%10.2%5.4%
 Building maintenance1.3%3.4%3.6%
 Personal care2.2%4.0%2.6%
 Sales, office, administrative support22.0%19.9%20.9%
 Farming, fishing, forestry0.0%0.0%0.6%
 Construction, extraction, maintenance/repair5.0%3.4%8.1%
 Production, transportation, material moving10.5%7.0%13.1%

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Reviews for Schaumburg    10 Reviews

Nice middle-class community. Excellent schools. Excellent variety in retail establishments. Very good park district with plentiful activities, classes, and three outdoor  More

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Schaumburg, Schaumburg, it's Ok, I guess I don't have much to  More

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At 11% sales tax I believe that Cook County, IL. is the highest in the country. The cost of gasoline is bumped by this as well as the use of smog formulated fuel which  More

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Reviews for Morgantown    16 Reviews

Morgantown is a vibrant classic American college town with a laid-back vibe. While the city and surrounding area are relatively small at about $150,000 people, residents  More

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Morgantown is a college town with many wonderful qualities, but for a retiree or someone on a fixed income, it is getting very expensive and crowded. The housing market  More

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Over 12 years ago

its a good small university town, however the cost of living varies especially rents on whether you live near to the campus or far away from wvu. there are only couple  More

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ZIPS IN SCHAUMBURG, ILLINOIS
60194 60173 60195
ZIPS IN MORGANTOWN, WEST VIRGINIA
26505 26501

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