Per capita income in Addison, IL is approximately $21,000 a year, with per household income approaching $55,000 a year. Nearly 75% of all residents over the age of 25 possess a high school diploma, and roughly 20% possess a bachelor's degree or higher.
There are more than 45 companies in Addison, IL that employ 1,000 people or more. United Parcel Service (UPS) is the city's largest employer, with approximately 2,300 employees. Industry and production accounts for a sizable portion of Addison's economy, with 20% of all manufacturing jobs in DuPage County located within Addison city limits. Blue-collar workers make up a substantial sector of Addison's workforce.
However, changes in the business landscape are helping to create more white-collar jobs in the area. Because approximately 23% of the town's population commutes daily to nearby Chicago, Addison is hoping to capitalize on the skilled labor by opening up its own infrastructure, with the hopes of attracting businesses away from the Windy City. Currently, Addison offers a wide variety of business incentives, including low-interest loans for facade renovation, signage improvements, disabilities construction, and landscaping.
Sources:
- City Data, Addison, IL
- Village Profile, Addison, Illinois
- Addison City Homepage
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