Chicago, Illinois 

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Economy in Chicago, Illinois

Chicago has an unemployment rate of 4.4%. The US average is 3.9%.

Chicago has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 25.7%, which is lower than the US average of 33.5%.

Tax Rates for Chicago
- The Sales Tax Rate for Chicago is 10.3%. The US average is 7.3%.
- The Income Tax Rate for Chicago is 5.0%. The US average is 4.6%.

Income and Salaries for Chicago
- The average income of a Chicago resident is $28,623 a year. The US average is $28,555 a year.
- The Median household income of a Chicago resident is $47,831 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

  ECONOMYChicago, IllinoisUnited States
  Unemployment Rate4.4%3.9%
  Recent Job Growth-0.2%1.6%
  Future Job Growth25.7%33.5%
  Sales Taxes10.3%7.3%
  Income Taxes0.04950.046
  Income per Cap.$32,560$31,177
  Household Income$52,497$57,652
  Family Median Income$61,618$70,850
  POPULATION BY OCCUPATION
  Agriculture, forestry, fishing, hunting0.1%1.3%
  Mining, quarrying, oil and gas extraction0.0%0.6%
  Construction4.0%6.2%
  Manufacturing8.9%10.4%
  Wholesale trade2.4%2.7%
  Retail trade9.2%11.6%
  Transportation and warehousing5.6%4.1%
  Utilities00
  Information2.3%2.1%
  Finance and insurance6.0%4.7%
  Real estate, rental, leasing2.2%1.9%
  Professional, scientific, technical services10.3%6.7%
  Management of companies0.1%0.1%
  Administrative, support, waste mgt svcs5.0%4.3%
  Educational services9.6%9.3%
  Health care and social assistance13.2%13.8%
  Arts, entertainment, recreation2.3%2.2%
  Accommodation, food services8.9%7.4%
  Other services5.2%4.9%
  Public administration4.2%4.8%
ECONOMY MAP
  • Unemployment Rate (US Avg: 5.2%)
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    Reviews for Chicago    253 Reviews
    Think twice if you didn’t grow up here - 1/26/2019
    I grew up in the near west suburbs of Chicago and moved back 5 years ago in my 50s to be near family. I have lived all over the country, including NY and CA. I now... Read More

    Start Your Review of Chicago


    Chicago is a Mini NYC - 11/20/2018
    I've lived in Chicago since 1999, relocated from Pittsburgh after attending college in Virginia. Chicago has 77 neighborhoods. Very diverse population from all around... Read More

    Low quality of life. City & state broken. - 10/10/2018
    I was unfortunate enough to live in Chicago for several years. First of all the weather is horrible. People know the winter is bad but the summer is the worst season,... Read More


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    COMPARE CITY TO CITY
    Compare Chicago, Illinois to any other place in the USA.

    MAPS OF CHICAGO, ILLINOIS
    Check out the latest Maps in a variety of categories including cost of living, population, and commute time.Chicago,Illinois Map
    ZIP CODES IN CHICAGO, ILLINOIS
    60629, 60618, 60632, 60639, ... 56 more

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