Greenwood, IL Employment - Median Household Income, Unemployment Rate

Greenwood employment information

Index	Greenwood	Illinois	National
Income per capita	$31,203	$31,502	$29,829
Median household income	$59,706	$59,196	$55,322
Median income owner occupied	$95,288	$75,354	$70,586
Median income renter occupied	$56,042	$34,488	$35,192
Median earnings male	$32,344	$40,474	$36,919
Median earnings female	$28,125	$27,197	$26,250
Unemployment rate	6.6%	5.3%	4.7%
Poverty level	15.1%	14.0%	15.1%

The Greenwood, 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 Greenwood is $31,203, which is 1% lower than than the Illinois average and 5% higher than than the national average. The median household income is $59,706, which is 1% higher than than the Illinois average and 8% higher than than the national average. The unemployment rate in Greenwood is 7%, which is 41% higher than than the national average. The poverty rate in Greenwood is 15% which is equal to than the national average.

am i middle class

$39,800$59,706$119,412

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 Greenwood is 5% higher than the national average.
The median household income in Greenwood is 8% higher than the national average.
Male median earnings are 41% higher than female median earnings.
The unemployment rate in Greenwood is 41% higher than the national average.
The poverty level in Greenwood is equal to the national average.

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Compare Greenwood, IL Employment To Other Cities

Employment status

Hours worked per week

Greenwood median earnings by income bracket

Greenwood employment by industry

Labour Type	Male	Female
Construction industry	28.3%	0.0%
Manufacturing sector	32.3%	2.6%
Financial & insurance services	6.3%	2.6%
Wholesale & retail services	3.1%	6.5%
Public administration	2.4%	5.2%
Transportation, warehousing & utilities	6.3%	5.2%
Education, health & social services	8.7%	45.5%
Other	12.6%	13.0%

Nearby cities with high median household income

City, State	Population	Household Income	National Avg.
Tower Lakes, IL	1,149	$172,946	213%
North Barrington, IL	2,972	$156,063	182%
Trout Valley, IL	537	$137,083	148%
Lakewood, IL	4,111	$133,750	142%
Port Barrington, IL	1,490	$124,196	124%
Greenwood, IL	425	$59,706	8%

Cities with similar population

City, State	Population	Household Income	National Avg.
La Plata, NM	425	$79,271	43%
Morral, OH	425	$46,000	17%
Huxley, TX	425	$45,938	17%
Downieville-Lawson-Dumont, CO	425	$60,583	10%
Tignall, GA	425	$28,750	48%
Greenwood, IL	425	$59,706	8%

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