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State economy

Illinois economy

Illinois's unemployment rate was 4.6% in September 2026, down from 4.7% the month before and 4.5% a year earlier. That ranks 41 of 51 (1 = lowest); the national rate was 4.1%. Employers had 6.16 million jobs on their payrolls in September 2026, a gain of 13,800 (+0.2%) from a year earlier. Home prices (FHFA index) were +6.0% from a year earlier in Q2 2026. Median household income was $93,270 in 2025.

4.6%
unemployment rate
September 2026
Unemployment rate4.6%Rank 41 of 51 (1 = lowest)
10-year range3.6–18.3%Low Nov 2019 · high Apr 2020
Nonfarm jobs6.16M+0.2% in a year · rank 34
Home prices (FHFA)+6.0%1-year change · Q2 2026 · 5-yr +47%
Median household income$93,2702025 · rank 20 of 51

Illinois: unemployment rate

Illinois unemployment rateLine chart from Jan 1, 2006 to Sep 1, 2026. Latest 4.6%; high 18.3% on Apr 1, 2020; low 3.6% on Nov 1, 2019.0%5%10%15%20%20082010201220142016201820202022202420264.6%High 18.3%Low 3.6%

Illinois: jobs, change from a year earlier

Illinois nonfarm jobs, 12-month changeLine chart from Jan 1, 2001 to Sep 1, 2026. Latest +0.2%; high +8.4% on Apr 1, 2021; low -13.1% on Apr 1, 2020.-15%-10%-5%0%5%10%20052010201520202025+0.2%High +8.4%Low -13.1%

Illinois: home prices, change from a year earlier

Illinois FHFA house price index, 12-month changeLine chart from Jan 1, 2001 to Apr 1, 2026. Latest +6.0%; high +15.0% on Apr 1, 2022; low -8.4% on Jan 1, 2010.-10%-5%0%5%10%15%20052010201520202025+6.0%High +15.0%Low -8.4%

Illinois: median household income

Illinois median household incomeLine chart from Jul 1, 1984 to Jul 1, 2025. Latest $93,270; high $93,270 on Jul 1, 2025; low $23,750 on Jul 1, 1984.$20,000$40,000$60,000$80,000$100,0001990199520002005201020152020$93,270Low $23,750

Other states

AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyoming

Sources: U.S. Bureau of Labor Statistics (unemployment, nonfarm payrolls; seasonally adjusted), Federal Housing Finance Agency (all-transactions house price index), U.S. Census Bureau (median household income, current dollars), via FRED. US unemployment rate: 4.1% (October 2026).