Spring Bay, IL Employment - Median Household Income, Unemployment Rate

Spring Bay employment information

Index	Spring Bay	Illinois	National
Income per capita	$23,808	$31,502	$29,829
Median household income	$53,500	$59,196	$55,322
Median income owner occupied	$61,250	$75,354	$70,586
Median income renter occupied	$24,583	$34,488	$35,192
Median earnings male	$35,833	$40,474	$36,919
Median earnings female	$21,042	$27,197	$26,250
Unemployment rate	7.2%	5.3%	4.7%
Poverty level	17.4%	14.0%	15.1%

The Spring Bay, IL employment information can be a key indicator when searching for a new job. A good indicator of the strength of the job market is the income per capita and the median household income. The income per capita in Spring Bay is $23,808, which is 24% lower than than the Illinois average and 20% lower than than the national average. The median household income is $53,500, which is 10% lower than than the Illinois average and 3% lower than than the national average. The unemployment rate in Spring Bay is 7%, which is 55% higher than than the national average. The poverty rate in Spring Bay is 17% which is 15% higher than than the national average.

am i middle class

$35,663$53,500$107,000

City

$39,460$59,196$118,392

State

$36,877$55,322$110,644

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

Did you know?

The income per capita in Spring Bay is 20% lower than the national average.
The median household income in Spring Bay is 3% lower than the national average.
Male median earnings are 41% higher than female median earnings.
The unemployment rate in Spring Bay is 55% higher than the national average.
The poverty level in Spring Bay is 15% higher than the national average.

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Compare Spring Bay, IL Employment To Other Cities

Employment status

Hours worked per week

Spring Bay median earnings by income bracket

Spring Bay employment by industry

Labour Type	Male	Female
Construction industry	32.1%	7.1%
Manufacturing sector	20.5%	0.0%
Financial & insurance services	0.0%	1.6%
Wholesale & retail services	13.4%	21.3%
Public administration	3.6%	1.6%
Transportation, warehousing & utilities	13.4%	0.0%
Education, health & social services	4.5%	20.5%
Other	12.5%	33.9%

Nearby cities with high median household income

City, State	Population	Household Income	National Avg.
Lake Camelot, IL	1,890	$104,358	89%
Dunlap, IL	1,351	$101,667	84%
Goodfield, IL	931	$98,750	79%
Germantown Hills, IL	3,491	$98,462	78%
Hopewell, IL	415	$73,750	33%
Spring Bay, IL	507	$53,500	3%

Cities with similar population

City, State	Population	Household Income	National Avg.
Bentley, KS	507	$62,969	14%
Chefornak, AK	507	$53,333	4%
Winchester, OK	507	$41,875	24%
Halchita, UT	507	$23,636	57%
Sidon, MS	507	$11,667	79%
Spring Bay, IL	507	$53,500	3%

Source: The Spring Bay, IL employment data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).