With a strong economy and abundant opportunity, the people and businesses of DuPage County are thriving. Nearly 700,000 jobs and 75,000 businesses make our County the proven and premier global business location. It’s all because of the DuPage Difference.
OUR ECONOMY IS DIVERSE.
Major companies are employing our highly educated workforce across industries, including technology, warehousing & logistics, retail and healthcare, Knowledge-based institutions – including Argonne National Laboratory and Fermi National Accelerator Laboratory – are also taking advantage of our diverse expertise.
OUR WORKFORCE IS HIGHLY EDUCATED.
Within DuPage County, 50% of residents over 25 have a Bachelor’s degree or higher, 93% have a high-school degree or higher, and 20% have a postgraduate degree. We have the experience and the skillset for every industry.
OUR LOCATION IS PREMIER.
With the close proximity of O’Hare and Midway international Airports, DuPage will meet the needs of both national and global clients. We’re located at the transportation crossroads of the nation, with the four major interstates and an extensive rail freight system bringing commerce of DuPage from every direction.
OUR COMMUNITY IS BUILT FOR BUSINESS.
In DuPage County, public- and private-sector leaders work together to make our community a business-friendly environment. That’s why we’ve chosen to keep commercial property taxes low, so businesses can flourish and the economy can thrive. That’s prosperity on purpose.
|STATE OF ILLINOIS INCOME TAXES|
|Corporate Income Tax Rate||7% Apportioned 100% on In-State Sales|
|Corporate Income Tax Rate Structure (Flat or Top Progressive)||Flat|
|Corporate Income Tax Rate Apportionment (Sales-Property-Payroll)||100 0-0|
|Personal Income Tax Rate||4.95%|
|Personal Income Tax Rate Structure|
|SALES, USE, AND GROSS RECEIPTS TAXES|
|SALES TAX RATE|
|General Sales Tax Rate (Statewide)||6.25%|
|Additional Local Sales Taxes Authorized||Yes|
|Rate on Electricity||Lesser of 5% of Gross Charges or $.0032/kwh/Customer|
|Rate on Natural Gas||Lesser of 5% of Gross Charges or $.024/Therm|
|SALES TAX EXEMPTIONS|
|% of Services Exempt||97%|
|Effective Tax Rate for RepresentativeUrban Industrial Property||1.26%|
|PROPERTY TAX EXEMPTIONS|
|New Employer UI Rate||3.23%|
|Minimum UI Rate||0.525%|
|Maximum UI Rate||6.40%|
|Estimated Average UI Costs (% total wages)||0.96%|
|Workers’ Compensation Average Rate||2.23%|
|MOTOR FUELS TAXES|
The Choose DuPage Economic Indicators Report is published on a quarterly basis. It is intended to provide a snapshot of the current state of the local DuPage County economy. There is an abundance of economic data produced by state and federal sources however, not all of it is produced for local level examination and disseminated on a regular schedule. The choice of which indicators to track was determined partly on relevancy, availability and reliability.
This report gives an economic overview of DuPage County, Illinois. It covers: gross domestic product, education levels, industry clusters, occupation snapshot, industry snapshot, cost of living index, employment trends, unemployment rate, wage trends, and a demographic profile. This report was generated in October 2018.
By U.S. Department of Energy | View Article
Targeted for 2021 delivery, the Argonne National Laboratory supercomputer will enable high-performance computing and artificial intelligence at exascale.
Read an opinion editorial, written by John A. Carpenter, President & CEO of Choose DuPage. The editorial outlines five key areas of focus for Choose DuPage in 2019 that will further capitalize on our unique position to ensure continued success for economic development growth in DuPage County.Read more