2025 Compare Cities Economy:
Springfield, IL vs Palatine, IL

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Highlights
- Household income in Palatine, is 50% more than it is in Springfield and is 20% above the National Average.
- Springfield unemployment rate is 7.1%.
- Palatine unemployment rate is 5.7%.
 Springfield, ILPalatine, ILUnited States
 Unemployment Rate  Unlock5.7%6.0%
 Recent Job Growth  Unlock-0.2%1.6%
 Future Job Growth22.1%  Unlock33.5%
 Sales Taxes8.8%  Unlock6.2%
 Income Taxes  Unlock5.0%4.6%
 Income per Cap.$35,851  Unlock$37,638
 Household Income  Unlock$86,415$69,021
 Family Median Income$79,459  Unlock$85,028
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 Est. Households By Income
 Springfield, ILPalatine, ILUnited States
 Income Less Than 15K  Unlock4.7%9.4%
 Income between 15K and 20K4.9%  Unlock3.8%
 Income between 20K and 30K  Unlock6.8%8.1%
 Income between 30K and 40K9.2%  Unlock8.0%
 Income between 40K and 50K  Unlock6.4%7.6%
 Income between 50K and 60K7.1%  Unlock7.2%
 Income between 60K and 75K  Unlock9.8%9.6%
 Income between 75K and 100K13.3%  Unlock12.8%
 Income between 100K and 150K  Unlock16.8%16.3%
 Income between 150K and 200K5.6%  Unlock7.8%
 Income greater than 200K  Unlock13.8%9.5%
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 Population By Occupation
 Springfield, ILPalatine, ILUnited States
 Management, business, finance17.0%  Unlock16.4%
 Engineering, computers, science  Unlock9.8%6.5%
 Community, social services2.2%  Unlock1.8%
 Legal  Unlock2.0%1.2%
 Education, library5.2%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock1.7%2.0%
 Healthcare practitioners and technology9.6%  Unlock6.2%
 Healthcare support  Unlock2.6%3.3%
 Firefighters, law enforcement2.9%  Unlock2.1%
 Food preparation, serving  Unlock3.9%5.4%
 Building maintenance3.6%  Unlock3.6%
 Personal care  Unlock3.1%2.6%
 Sales, office, administrative support21.8%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.2%0.6%
 Construction, extraction, maintenance/repair4.9%  Unlock8.1%
 Production, transportation, material moving  Unlock13.3%13.1%
Reviews for Springfield    25 Reviews

I've lived here for over 40 years. Springfield is a decent place to raise a family. Solid midwestern values, and I've always felt safe. Opportunities exist, but there  More

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I moved (back) to Springfield after living in various cities and towns around the country - as large as Milwaukee, as small as Baker, NV - and can say without  More

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hugh · 
Over 4 years ago

whole town smells like dirty ***** and  More

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Reviews for Palatine    7 Reviews

No town is perfect. One flaw in Palatine are that it lacks enough updated, healthier food restaurants. A more serious flaw is that the elementary district does not  More

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Over 15 years ago

The correct total Sales Tax Rate for Palatine, Cook County, IL is 9.5%, not  More

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Over 15 years ago

Palatine is a great community for raising a family. Good schools and extremely low crime rate just add to that point. Minutes to Schaumburg and all the shopping and  More

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