Loami, IL Employment - Median Household Income, Unemployment Rate

Loami employment information

Index	Loami	Illinois	National
Income per capita	$19,315	$31,502	$29,829
Median household income	$50,577	$59,196	$55,322
Median income owner occupied	$60,278	$75,354	$70,586
Median income renter occupied	$36,429	$34,488	$35,192
Median earnings male	$32,917	$40,474	$36,919
Median earnings female	$22,313	$27,197	$26,250
Unemployment rate	20.4%	5.3%	4.7%
Poverty level	24.3%	14.0%	15.1%

The Loami, 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 Loami is $19,315, which is 39% lower than than the Illinois average and 35% lower than than the national average. The median household income is $50,577, which is 15% lower than than the Illinois average and 9% lower than than the national average. The unemployment rate in Loami is 20%, which is 337% higher than than the national average. The poverty rate in Loami is 24% which is 61% higher than than the national average.

am i middle class

$33,714$50,577$101,154

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 Loami is 35% lower than the national average.
The median household income in Loami is 9% lower than the national average.
Male median earnings are 41% higher than female median earnings.
The unemployment rate in Loami is 337% higher than the national average.
The poverty level in Loami is 61% higher than the national average.

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Compare Loami, IL Employment To Other Cities

Employment status

Hours worked per week

Loami median earnings by income bracket

Loami employment by industry

Labour Type	Male	Female
Construction industry	11.0%	1.0%
Manufacturing sector	12.0%	0.0%
Financial & insurance services	4.7%	9.5%
Wholesale & retail services	23.6%	12.6%
Public administration	8.4%	8.0%
Transportation, warehousing & utilities	13.1%	1.0%
Education, health & social services	4.7%	34.7%
Other	20.4%	26.1%

Nearby cities with high median household income

City, State	Population	Household Income	National Avg.
Leland Grove, IL	1,625	$95,417	72%
Sherman, IL	4,404	$94,695	71%
Chatham, IL	12,569	$80,808	46%
Pawnee, IL	2,738	$65,817	19%
New Berlin, IL	1,505	$62,647	13%
Loami, IL	966	$50,577	9%

Cities with similar population

City, State	Population	Household Income	National Avg.
Butler, OH	966	$41,375	25%
Pierce, CO	966	$58,864	6%
Arizona Village, AZ	966	$37,917	31%
New Milford, PA	966	$41,429	25%
Apple Valley, UT	966	$63,021	14%
Loami, IL	966	$50,577	9%

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