Year-end economic indicators show positive momentum in DuPage County
Choose DuPage has released its 2019 Annual Economic Indicators Report, with data proving DuPage County’s consistent growth.
2019 Report Highlights:
- DuPage County has the second lowest unemployment rate in Illinois at 2.5% – down from this time last year at 2.9%, and the lowest among counties with a population over 10,000. The unemployment rate is lower than both the State of Illinois (2.8%) and the United States (3.5%).
- The fastest growing industry in DuPage County continues to be healthcare and social assistance sectors, expanding at an average rate of 3.0% each year over five consecutive years.
- The average annual salary in DuPage County increased by more than $1,000 since 2018 to $64,876 – higher than both the state ($60,441) and national ($57,681) averages.
- Industrial vacancy rates are currently at 5.6%; office vacancy rates dropped to 13.9% from 14.2% during the same time last year. To see some of the top real estate transactions of 2019 that contributed to the low office and industrial vacancy, click here.
DuPage County is home to nearly 90,000 businesses that are taking advantage of the highly educated and skilled workforce. Together, these companies represent 656,549 jobs across a variety of industries. Employment data indicated current top industries based on employment include healthcare and social assistance (75,936 jobs), professional, scientific and technical services (64,431 jobs), retail trade (60,272 jobs), admin/support/wast management and remediation services (60,900 jobs), and manufacturing (57,162 jobs).