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Illinois is the 13th-wealthiest of the 50 United States, with a per capita income of $37,728 according to the 2020 census. Illinois counties ranked by per capita income [ edit ]
All of the states bordering Illinois have lower minimum wages and lower unemployment rates. Indiana, Iowa, Kentucky and Wisconsin have a $7.25 minimum wage. Missouri’s minimum wage is $12.30 per ...
The effect of adjusting the per capita personal income by the cost of living is to narrow the difference in the standard of living between most high-income cities and most low-income cities. The BEA defines regional price parities as an estimate of "the differences in price levels across states and metropolitan areas for a given year and are ...
The 2024 total gross state product for Illinois was $1.132 trillion, placing it fifth in the nation. The 2021 median household income was $72,205, one of the nation's highest. [10] In 2016, the nine counties of the Chicago metropolitan area accounted for 77.3% of the state's total wages, with the remaining 93 counties at 22.7%. [11]
On Jan. 1st, 2023, the minimum wage in Illinois will increase to $13 an hour, with a tipped minimum wage of $7.80 an hour. This continues a trend of raising the state’s minimum wage by one ...
The upgraded pay would mean those receiving the state tipped wage of $8.40 would earn the state minimum wage of $15 starting Jan. 1, 2025. 'Pay your workers a living wage': Lawmakers consider ...
The federal minimum wage applies in states with no state minimum wage or a minimum wage lower than the federal rate (column titled "No state MW or state MW is lower than $7.25."). Some of the state rates below are higher than the rate on the main table above. That is because the main table does not use the rate for cities or regions.
Looking at health care salaries, the data found the median starting wage for RNs is $21 per hour in Holmes County, and the highest wage was $32.70 an hour. The state median is $35.62.