Cherry Valley township, Illinois 

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Economy in Cherry Valley township, Illinois

Cherry Valley township has an unemployment rate of 6.4%. The US average is 5.2%.

Cherry Valley township has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 35.9%, which is lower than the US average of 38.0%.

Tax Rates for Cherry Valley township
- The Sales Tax Rate for Cherry Valley township is 7.3%. The US average is 6.0%.
- The Income Tax Rate for Cherry Valley township is 3.8%. The US average is 4.6%.

Income and Salaries for Cherry Valley township
- The average income of a Cherry Valley township resident is $23,666 a year. The US average is $28,555 a year.
- The Median household income of a Cherry Valley township resident is $48,443 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

Download .xls

  ECONOMYCherry Valley township, IllinoisUnited States
  Unemployment Rate6.4%5.2%
  Recent Job Growth1.2%1.6%
  Future Job Growth35.9%38.0%
  Sales Taxes7.3%6.0%
  Income Taxes3.8%4.6%
  Income per Cap.$23,666$28,555
  Household Income$48,443$53,482
  Family Median Income$60,391$65,443
  POPULATION BY OCCUPATION
  Agriculture, forestry, fishing, hunting0.2%1.3%
  Mining, quarrying, oil and gas extraction0.0%0.6%
  Construction4.0%6.2%
  Manufacturing25.7%10.4%
  Wholesale trade2.6%2.7%
  Retail trade11.6%11.6%
  Transportation and warehousing6.4%4.1%
  Utilities00
  Information2.0%2.1%
  Finance and insurance2.3%4.7%
  Real estate, rental, leasing0.5%1.9%
  Professional, scientific, technical services3.8%6.7%
  Management of companies0.3%0.1%
  Administrative, support, waste mgt svcs4.3%4.3%
  Educational services8.4%9.3%
  Health care and social assistance13.0%13.8%
  Arts, entertainment, recreation0.9%2.2%
  Accommodation, food services5.6%7.4%
  Other services5.5%4.9%
  Public administration1.9%4.8%
ECONOMY MAP

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MAPS OF CHERRY VALLEY TOWNSHIP, ILLINOIS
Cherry_Valley_township,Illinois Map

ZIP CODES IN CHERRY VALLEY TOWNSHIP, ILLINOIS
61016