Chicago, Illinois 

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Economy in Chicago, Illinois

Chicago has an unemployment rate of 6.8%. The US average is 5.2%.

Chicago has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 36.0%, which is lower than the US average of 38.0%.

Tax Rates for Chicago
- The Sales Tax Rate for Chicago is 10.3%. The US average is 6.0%.
- The Income Tax Rate for Chicago is 3.8%. 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

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  ECONOMYChicago, IllinoisUnited States
  Unemployment Rate6.8%5.2%
  Recent Job Growth1.4%1.6%
  Future Job Growth36.0%38.0%
  Sales Taxes10.3%6.0%
  Income Taxes0.03750.046
  Income per Cap.$28,623$28,555
  Household Income$47,831$53,482
  Family Median Income$54,918$65,443
  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
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    Reviews for Chicago    251 Reviews
    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

    Start Your Review of Chicago


    Sweet home Chicago. - 8/11/2018
    I’ve lived in several major cities and although Chicago is far from perfect, I will always love it there. I highly recommend living here/visiting here. Culture, history,... Read More

    Most corrupt city in the USA - 6/22/2018
    The city is loosing people everyday. The taxes will eat you up alive. The crime rate is out of control. It's safer in Iraq. Winters are long and dreary. Little if any... Read More


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    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, 60639, 60632, ... 56 more
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