With data compiled from reliable public sources and government organizations like the Bureau of Labor Statistics and the U.S. Census Bureau, Joblift provides you with essential insights to help you in your job search in Bellwood, IL.
In Bellwood, a diverse range of industries contribute to the economic landscape. Health care plays a significant role in maintaining the well-being of the city's residents. Retail businesses are essential for providing goods and services to the community. The manufacturing sector supports job creation and economic growth, while transportation is vital for connecting Bellwood to other regions. Lastly, the finance industry ensures financial stability and fosters investment opportunities. These combined sectors make Bellwood an attractive location for career seekers from various backgrounds.
In the city, employment opportunities present a promising landscape for job seekers. A noteworthy feature is that the average salary stands at $72,615, which is 4.89% above the national benchmark. This demonstrates that the city offers competitive compensation for its workforce. Furthermore, approximately 50% of individuals receive insurance benefits through their employers, adding an essential layer of security to their livelihoods. The cost of living in this urban center aligns closely with the national median, indicating that residents can maintain a balanced lifestyle without facing excessive financial burdens. Lastly, the average commute time within the city is 28.5 minutes, providing employees with ample time to enjoy both work and leisure activities.
The city of Bellwood, Illinois experiences an unemployment rate of 8.40%, which is higher than the national average of 3.8%. Despite this discrepancy, the future job market growth in Bellwood is projected to be strong. This indicates that potential employment opportunities may increase in the coming years, providing more possibilities for job seekers within the community. A robust job market growth signifies a positive outlook for Bellwood's local economy and workforce.
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