In 2017, Rockford, IL had a population of 149k people with a median age of 36.5 and a median household income of $41,991. Between 2016 and 2017 the population of Rockford, IL declined from 149,597 to 148,640, a -0.64% decrease and its median household income grew from $40,143 to $41,991, a 4.6% increase.
The population of Rockford, Illinois is 54.1% White Alone, 21.2% Black or African American Alone, and 18.4% Hispanic or Latino. N/A% of the people in Rockford, IL speak a non-English language, and 93.1% are U.S. citizens.
The largest universities in Rockford, IL are Rock Valley College (1,749 degrees awarded in 2017), Rasmussen College-Illinois (648 degrees), and Rockford University (348 degrees).
The median property value in Rockford, IL is $89,500, and the homeownership rate is 55.4%. Most people in Rockford, IL commute by Drove Alone, and the average commute time is 19.9 minutes. The average car ownership in Rockford, IL is 2 cars per household.
In 2017, universities in Rockford, IL awarded 3,303 degrees. The student population of Rockford, IL is skewed towards women, with 3,876 male students and 6,446 female students.
Most students graduating from Universities in Rockford, IL are White (2,239 and 68.3%), followed by Hispanic or Latino (417 and 12.7%), Black or African American (346 and 10.6%), and Unknown (126 and 3.84%).
The largest universities in Rockford, IL by the number of degrees awarded are Rock Valley College (1,749 and 53%), Rasmussen College-Illinois (648 and 19.6%), and Rockford University (348 and 10.5%).
The most popular majors in Rockford, IL are Liberal Arts & Sciences (612 and 18.5%), Registered Nursing (335 and 10.1%), and Nursing Assistant & Patient Care Assistant (230 and 6.96%).
The median tuition costs in Rockford, IL are $27,073 for private four-year colleges, and $N/A and $N/A respectively, for public four-year colleges for in-state students and out-of-state students.
The economy of Rockford, IL employs 62.8k people and Rockford has an unemployment rate of 6.4%. Rockford has seen the job market increase by 2.6% in the course of the most recent year. Future job development throughout the following ten years is anticipated to be 21.9%, which is lower than the US average of 33.5%. The biggest enterprises in Rockford, IL are Manufacturing (13,982 people), Health Care and Social Assistance (9,793 people), and Retail Trade (6,862 people), and the highest paying industries are Utilities ($71,389), Management of Companies & Enterprises ($53,472), and Mining, Quarrying, & Oil & Gas Extraction ($47,344).
Households in Rockford, IL have a median annual income of $41,991, which is less than the median annual income of $61,937 across the entire United States. This is in comparison to a median income of $40,143 in 2016, which represents a 4.6% annual growth.
Tax Rates for Rockford
– The Sales Tax Rate for Rockford is 8.3%. The US average is 7.3%.
– The Income Tax Rate for Rockford is 5.0%. The US average is 4.6%.
– Tax Rates can have a big impact when Comparing the Cost of Living.
Income and Salaries for Rockford
– The average income of a Rockford inhabitant is $21,615 per year.
– The Median household income of a Rockford inhabitant is $38,231 per year.