Per capita income in Rockford is $19,781, which is slightly lower than the national average. Median household income is also lower than the national average. Manufacturing, healthcare, retail trade, and the local government employ the largest number of people. Many also work in education, hospitality, and food services as well. The single biggest employer in Rockford, IL, is the Rockford school district, followed by the Rockford Health System.
Rockford is a busy transport center but the recent decline in the manufacturing sector has negatively impacted the local economy. There is good news, however. In May of 2006, the city officials announced that over the next four years, 440 manufacturing jobs would be created in Rockford. Buoyed by the grants given by the Department of Commerce and Economic Opportunity and efforts by the city administrators, the business and economy of Rockford, IL seem to be poised for improvement, growth, and revitalization. By the next official census, it will be easier to gauge the efficacy of these bold developments.
Source:
- Epodunk
- City Data
- Illinois Biz, Community Profiles: Rockford
- Illinois Commerce
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