Illinois Economic Overview

Key economic indicators for Illinois (IL). Population: 12,812,508.

Unemployment Rate

4.1%

Below national avg (~4.2%)

Median Annual Wage

$58,000

Source: Census ACS / BLS

Wage Growth (YoY)

+2.8%

Year-over-year change

Population

12.8M

Source: 2020 Census

About the Illinois Economy

Illinois has an unemployment rate of 4.1%, which is below the national average. The median annual wage is $58,000, with wages growing at 2.8% year-over-year. With a population of 12,812,508, Illinois is the one of the largest state economy in the U.S.