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Rockford: Economy & Jobs

$54,752 is the median household income in Rockford (1.2× below Winnebago County median $65,837; 1.5× below Illinois median $83,390), with homes at a median value of $129,000. The surrounding county supports 14,934 jobs (avg $58,187).

Income & Affordability

Median household income $54,752 — below the Illinois median ($77,902). Poverty rate 21.3% (U.S. average ~12.5%). 45% of renters spend more than half their income on rent ("severely cost-burdened" by HUD definition; U.S. ~24%).

Affordability · Home Price To Income2.4×
Affordability · Home Affordabilityaffordable
Affordability · Rent Pct Income20.9%
Affordability · Rent Affordabilityaffordable
Affordability · Pct Severely Rent Burdened45.0%
Affordability · Poverty Rate21.3%
Affordability · Property Tax Pct Income6.1%
Irs Income · IRS tax returns filed$25,070
Irs Income · Total Adjusted Gross Income (thousands)$1,856,827
Irs Income · Average AGI per return$74,066 (vs Illinois $100,597)
Irs Income · Year2022
Income Estimate$60,768
Median Household Income$54,752 (vs Illinois $77,902)
Poverty Rate21.3%

Sources: IRS SOI 2022 · Census ACS 5-Year 2023  ·  Refreshed 2026-04-12

Economic Character

Qualitative classification derived from Census occupation, industry, and income data — workforce composition (white-collar/blue-collar), top employing sector, and income tier.

Economic Character · Workforcemixed
Economic Character · Top IndustryEducation Healthcare
Economic Character · Income Levelmiddle-class
Economic Character · Median Income$54,752

Employment & Workforce

Employment + workforce stats. The county-level employment count covers all jobs within the county, not just town residents. Unemployment rate 5.0% — above the U.S. average of ~4%. 10% work from home (U.S. average ~15%).

Commuter Profile · Mean Commute Min21.90
Commuter Profile · Work From Home Pct10.1%
Commuter Profile · Profileshort commute
Employment · Avg annual employment (county)14,934
Employment · Total annual wages (county)$868,994,098
Employment · Average annual pay$58,187
Employment · Year2024
State Occupation Wages · Year2023
State Occupation Wages · All Occupations · Soc Code00-0000
State Occupation Wages · All Occupations · TitleAll Occupations
State Occupation Wages · All Occupations · Employment6,011,660
Unemployment Rate5.0% (vs Illinois 3.9%)

Sources: BLS QCEW 2023 · BLS Occupational Employment and Wage Statistics (OES) · Census ACS 5-Year 2023  ·  Refreshed 2026-04-12

Industry Sectors

Major industries by establishment count from Census County Business Patterns (2022). Sectors are NAICS-coded; counts are county-wide employer establishments.

Agriculture · Total Farms13
Agriculture · Land In Farms Acres270,063
Agriculture · Avg Farm Size Acres20,774.10
Agriculture · Top CommoditiesCrop Totals, Grain, Corn, Animal Totals, Soybeans
Agriculture · Year2022
Business Patterns · Establishments (employer count)1,022
Business Patterns · Total Employees13,055
Business Patterns · Annual Payroll Thousands686,255
Business Patterns · Year2022

Sources: USDA NASS Census 2022 — county FIPS matched · Census CBP API — county FIPS match

Local Business Mix

Retail and service businesses by category (Census CBP NAICS-coded). Counts cover the surrounding county, not just the town. Reflects the everyday commercial mix residents can access.

Local Businesses · Grocery Stores6
Local Businesses · Convenience Stores3
Local Businesses · Gas Stations28
Local Businesses · General Merchandise9
Local Businesses · New Car Dealers5
Local Businesses · Used Car Dealers7
Local Businesses · Florists5
Local Businesses · Beauty Salons6

Sources: Census CBP — NAICS detail codes

Dining Scene

Eating + drinking establishments by NAICS category (Census CBP 2022) — full-service restaurants, fast-food, bars, coffee shops. County-level counts.

Dining Scene · Full Service Restaurants33
Dining Scene · Fast Food31
Dining Scene · Bars23
Dining Scene · Coffee Snacks4

Sources: Census CBP NAICS 722

Banking

FDIC-insured bank branches with addresses. Branch density correlates with population — fewer branches per resident in lower-density areas.

Branches (20)

Fifth Third Bank, National Association
ROCKFORD RIVERSIDE BANKING CENTER BRANCH · 3936 W Riverside Blvd · 61101
Woodforest National Bank
0139 ROCKFORD WALMART BRANCH · 3849 Northridge Dr · 61114
Midland States Bank
NORTH MAIN BRANCH · 1401 North Ave · 61103
PNC Bank, National Association
ROCKFORD EASTROCK FACILITY BRANCH · 5411 Harrison Ave · 61108
Midland States Bank
MILL ROAD BRANCH · 233 N Mill Rd · 61107
Associated Bank, National Association
ROCKFORD - FIVE POINTS BRANCH · 4400 Center Ter · 61108
Fifth Third Bank, National Association
ROCKFORD BRANCH · 3154 Mcfarland Rd · 61114
Associated Bank, National Association
ROCKFORD DOWNTOWN BRANCH · 612 N Main St · 61103
JPMorgan Chase Bank, National Association
STATE AND MULFORD BRANCH · 6001 E. State St. · 61108
Holcomb Bank
NEW MILFORD BRANCH · 7035 11th St · 61109
U.S. Bank National Association
PERRYVILLE BRANCH · 6940 Villagreen Vw · 61107
BMO Bank National Association
PERRYVILLE BRANCH · 3201 N Perryville Rd · 61114
Midland States Bank
CHERRY VALLEY BRANCH · 1972 Pawlisch Dr · 61112
Foresight Bank
ROCKFORD BRANCH · 3106 N Rockton Ave · 61103
UMB Bank, National Association
GUILFORD BANKING CENTER BRANCH · 4571 Guilford Rd · 61107
St. Charles Bank & Trust Company, National Association
ROCKFORD COMMUNITY BANK, A BRANCH OF ST. CHARLES BANK AND TRUST COMPANY, N.A. · 2219 E State St · 61104
BMO Bank National Association
SOUTH MAIN STREET BRANCH · 228 S Main St · 61101
JPMorgan Chase Bank, National Association
ROCKFORD NORTH MAIN BRANCH · 3699 N Main St · 61103
BMO Bank National Association
NORTH MAIN BRANCH · 1275 Benington Rd · 61103
PNC Bank, National Association
ROCKFORD DOWNTOWN BRANCH · 225 N Court St · 61103

SNAP & Food Access

USDA-authorized SNAP retailers — supermarkets, super stores, convenience stores, and other locations where SNAP benefits can be redeemed. Per-1K density tracks food access.

Sample (5)

WALGREENS 3283
Other · 3325 North Main St
ALDI 40056 40056
Supermarket · 3831 Auburn St
Farmers Rising Rockford
Farmers and Markets · 1417 Meadow Ct
Tobacco Xpress
Convenience Store · 864 W Riverside Blvd
M & M MARKET
Convenience Store · 629 Montague St
Nearest Snap · NameWALGREENS 3283
Nearest Snap · Total In Area177

Sources: USDA SNAP API — state+city name match

Chamber of Commerce

IRS-registered chamber of commerce organizations matched to this town. Reflects the IRS Exempt Organizations BMF; some chambers operate informally and may not appear here.

Chamber Of Commerce · NameGREATER ROCKFORD CHAMBER OF COMMERCE

Sources: IRS EO BMF  ·  Refreshed 2026-04-12

Spending & Tax

Federal spending flowing to the surrounding county — direct payments, grants, contracts, loans (USAspending.gov).

Federal Spending · Federal Spending Fy2024$340,621,506
Federal Spending · Per Capita6,577.23 (vs Illinois $6,804)
Federal Spending · Population51,788 people (vs Illinois 39,460)

Sources: USAspending API

Other

Job Training · Total count8
Pct Drove Alone74.3%
Pct Public Transit1.3%
Pct Walked10.1%
Retirement Score · Median age37.7 years (at Illinois median)
Retirement Score · Ss Household Pct34.4%
Retirement Score · Hospitals Nearby1
Retirement Score · Va AccessYes
Retirement Score · Factorsstrong SS base, hospital access, VA nearby
Retirement Score · Ratinggood

Sources: IRS BMF keyword search · Census ACS 5-Year 2023  ·  Refreshed 2026-04-12