Volo, IL Employment - Median Household Income, Unemployment Rate

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41%

Income/capita NAT. AVG.

87%

Household income NAT. AVG.

72%

Unemployment NAT. AVG.

Index	Volo	Illinois	National
Income per capita	$41,911	$31,502	$29,829
Median household income	$103,264	$59,196	$55,322
Median income owner occupied	$102,894	$75,354	$70,586
Median income renter occupied	$0	$34,488	$35,192
Median earnings male	$74,356	$40,474	$36,919
Median earnings female	$43,482	$27,197	$26,250
Unemployment rate	1.3%	5.3%	4.7%
Poverty level	1.3%	14.0%	15.1%

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Key findings

The income per capita in Volo is 41% higher than the national average
The median household income in Volo is 87% higher than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Volo is 72% lower than the national average
The poverty level in Volo is 92% lower than the national average

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am i middle class

$68,835 $103,264 $206,528

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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Volo median earnings by income bracket

Volo employment by industry

Labour Type	Male	Female
Construction industry	5.5%	5.5%
Manufacturing sector	27.5%	27.5%
Financial & insurance services	7.6%	7.6%
Wholesale & retail services	13.2%	13.2%
Public administration	8.0%	8.0%
Transportation, warehousing & utilities	13.5%	13.5%
Education, health & social services	6.5%	6.5%
Other	18.2%	18.2%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Riverwoods, IL	3,536	$231,477	318.4%
Kildeer, IL	4,007	$212,500	284.1%
Long Grove, IL	7,907	$207,188	274.5%
Hawthorn Woods, IL	8,313	$206,875	273.9%
North Barrington, IL	2,789	$197,188	256.4%
Volo, IL	5,498	$103,264	86.7%

Cities with similar population

City	Population	Household Income	National Avg.
Slinger, WI	5,500	$73,919	33.6%
Lac-Mégantic, QC	5,501	n/a
Tracyton, WA	5,494	$73,790	33.4%
Bath, NY	5,493	$39,403	28.8%
Belle Mead, NJ	5,492	$162,012	192.9%
Volo, IL	5,498	$103,264	86.7%

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