Lacon, IL Employment - Median Household Income, Unemployment Rate

C+

13%

Income/capita NAT. AVG.

12%

Household income NAT. AVG.

50%

Unemployment NAT. AVG.

Index	Lacon	Illinois	National
Income per capita	$26,048	$31,502	$29,829
Median household income	$48,786	$59,196	$55,322
Median income owner occupied	$59,688	$75,354	$70,586
Median income renter occupied	$14,743	$34,488	$35,192
Median earnings male	$38,036	$40,474	$36,919
Median earnings female	$18,958	$27,197	$26,250
Unemployment rate	2.3%	5.3%	4.7%
Poverty level	16.7%	14.0%	15.1%

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Key findings

The income per capita in Lacon is 13% lower than the national average
The median household income in Lacon is 12% lower than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Lacon is 50% lower than the national average
The poverty level in Lacon is 11% higher than the national average

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am i middle class

$32,520 $48,786 $97,572

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.

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Lacon median earnings by income bracket

Lacon employment by industry

Labour Type	Male	Female
Construction industry	14.0%	1.2%
Manufacturing sector	39.0%	1.2%
Financial & insurance services	1.8%	9.7%
Wholesale & retail services	15.0%	5.6%
Public administration	4.1%	0.0%
Transportation, warehousing & utilities	2.1%	1.5%
Education, health & social services	9.0%	34.7%
Other	15.0%	34.7%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Dunlap, IL	1,351	$101,667	83.8%
Hopewell, IL	415	$73,750	33.3%
McNabb, IL	305	$73,500	32.9%
Rome, IL	1,754	$58,785	6.3%
Benson, IL	458	$58,594	5.9%
Lacon, IL	1,837	$48,786	11.8%

Cities with similar population

City	Population	Household Income	National Avg.
Concord, AL	1,837	$54,808	0.9%
Loxley, AL	1,837	$50,076	9.5%
Osgood, IN	1,837	$42,059	24.0%
Senath, MO	1,837	$32,500	41.3%
Forsyth, MT	1,837	$44,848	18.9%
Lacon, IL	1,837	$48,786	11.8%

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