Springfield, Illinois 

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Economy in Springfield, Illinois

Springfield has an unemployment rate of 4.4%. The US average is 3.7%.

Springfield has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 22.1%, which is lower than the US average of 33.5%.

Tax Rates for Springfield
- The Sales Tax Rate for Springfield is 8.4%. The US average is 7.3%.
- The Income Tax Rate for Springfield 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 Springfield
- The average income of a Springfield resident is $29,621 a year. The US average is $28,555 a year.
- The Median household income of a Springfield resident is $48,848 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

  ECONOMYSpringfield, IllinoisUnited States
  4.4%3.7%
  0.2%1.6%
  22.1%33.5%
  8.8%6.2%
  5.0%4.6%
  $32,162$31,177
  $51,789$57,652
  $70,518$70,850
  POPULATION BY OCCUPATION
  0.3%1.3%
  0.1%0.6%
  3.4%6.2%
  4.4%10.4%
  2.2%2.7%
  10.5%11.6%
  2.8%4.1%
  1.0%0.9%
  1.7%2.1%
  5.8%4.7%
  1.7%1.9%
  5.6%6.7%
  0.0%0.1%
  3.6%4.3%
  10.3%9.3%
  18.4%13.8%
  1.8%2.2%
  7.4%7.4%
  4.6%4.9%
  14.4%4.8%
ECONOMY MAP
  • Unemployment Rate (US Avg: 5.2%)
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    Reviews for Springfield    22 Reviews
    We love Springfield - 5/31/2019
    Our family has lived here for 12 years after living in major metro areas like Chicago, Philadelphia and Orange County, CA for work. As a mid-sized town (pop 112,000 in... Read More

    Start Your Review of Springfield


    thank you for rating - 4/21/2013
    thank you for putting down what Springfield is like it sounds horrible.... Read More

    over run with crime, drugs, gangs, and poverty - 8/13/2011
    The Lincoln connection and historical sites are wonderful but what could have been a very nice town was poorly managed and almost no preventive measures taken to keep... Read More


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    COMPARE COST OF LIVING
    Compare Springfield, Illinois to any other place in the USA.

    MAPS OF SPRINGFIELD, ILLINOIS
    Check out the latest Maps in a variety of categories including cost of living, population, and commute time.Springfield,Illinois Map
    ZIP CODES IN SPRINGFIELD, ILLINOIS
    62704 62702 62703 62711 62712 62707 62701

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