Rockford, Illinois 

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Economy in Rockford, Illinois

Rockford has an unemployment rate of 10.1%. The US average is 6.0%.

Rockford has seen the job market increase by 2.6% over the last year. Future job growth over the next ten years is predicted to be 21.9%, which is lower than the US average of 33.5%.

Tax Rates for Rockford
- The Sales Tax Rate for Rockford is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Rockford is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Rockford
- The average income of a Rockford resident is $21,615 a year. The US average is $28,555 a year.
- The Median household income of a Rockford resident is $38,231 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

  ECONOMYRockford, IllinoisUnited States
  10.1%6.0%
  -9.1%-6.2%
  21.9%33.5%
  8.3%6.2%
  5.0%4.6%
  $23,297$31,177
  $41,991$57,652
  $50,439$70,850
  POPULATION BY OCCUPATION
  0.5%1.3%
  0.0%0.6%
  3.8%6.2%
  21.1%10.4%
  2.3%2.7%
  10.2%11.6%
  4.8%4.1%
  0.6%0.9%
  1.5%2.1%
  2.8%4.7%
  1.2%1.9%
  3.4%6.7%
  0.1%0.1%
  5.5%4.3%
  7.5%9.3%
  16.9%13.8%
  1.6%2.2%
  8.2%7.4%
  5.4%4.9%
  2.8%4.8%
ECONOMY MAP
  • Unemployment Rate (US Avg: 6%)
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    Reviews for Rockford    54 Reviews
    Love it - 12/10/2020
    I've lived here my whole life . I love... Read More

    Start Your Review of Rockford


    Property Taxes Will Kill You - 5/26/2019
    I was raised in the area and lived here 3/4 of my life. Rockford has definitely made efforts to bring events into the area so there are things to do and they have... Read More

    Making Progress! - 4/5/2019
    Rockford has made great strides in the past 20 years. Downtown used to be a ghost town. Now, there are activities almost every weekend. City government has worked to... Read More


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    COMPARE COST OF LIVING
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    MAPS OF ROCKFORD, ILLINOIS
    Check out the latest Maps in a variety of categories including cost of living, population, and commute time.Rockford,Illinois Map
    ZIP CODES IN ROCKFORD, ILLINOIS
    61109 61103 61104


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