Kankakee, Illinois Income Statistics
Kankakee Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.
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D
Kankakee Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Kankakee | Illinois Avg | US Average |
|---|---|---|---|
| Median Household Income | $49,385 | $84,042 | $80,455 |
| Median Personal Income | $43,449 | $64,565 | $60,758 |
| Average Yearly Income Growth | 4.6% | 4.5% | 4.8% |
| Six-Figure Earners | 4.8% | 15.0% | 13.9% |
| $200k+ Households | 2.3% | 13.8% | 13.2% |
The median household income in Kankakee is about 41% lower than in Illinois. Income has been growing faster in Kankakee (4.6%/yr) than in Illinois (4.5%/yr).
About 5% of adults in Kankakee earn six figures ($100,000 or more) a year, lower than the Illinois average of 15%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Kankakee, Illinois grew by 49.9% from 2009 to 2024, reaching $49,385 in 2024. That's an average of about 4.6% per year.
Income Inequality and the Gender Pay Gap in Kankakee
| Metric | Kankakee | Illinois Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.550 | 0.547 | 0.552 |
| Male Median Income | $48,152 | $73,933 | $69,667 |
| Female Median Income | $43,594 | $60,067 | $56,850 |
| Gender Pay Gap | 9.5% | 18.8% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Kankakee, it is 0.550, about the same as Illinois's 0.547, so income here is about as evenly distributed as there, and about the same as the US's 0.552, so income here is about as evenly distributed as there.
Men's income is about 10% more than women's income in Kankakee, Illinois. Over a 35-year career, a 10% wage gap accumulates to roughly $159,530 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Kankakee, Illinois has narrowed from about 21% to 9% in 2024. Over that period the gap was widest at 22% in 2020, and was narrowest at 2% in 2013. In dollar terms, the gap has narrowed by $3,171 since 2009.
Employment
| Metric | Kankakee | Illinois Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.8% | 5.8% | 5.2% |
| Working from Home | 5.2% | 15.9% | 15.0% |
| Commute time (minutes) | 18 | 23 | 22 |
Approximately 553 people are unemployed in Kankakee, Illinois.
The average commute time in Kankakee is 18 minutes, shorter than the 23 minutes in Illinois.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Kankakee, Illinois has fallen from 16.4% to 5.8% in 2024. Over that period the rate peaked at 17.9% in 2012 and fell as low as 5.4% in 2023.
Conclusion
Considering all these factors, Kankakee, Illinois has an overall wealth index grade of D, making it somewhat worse than Illinois, and somewhat worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Kankakee, Illinois.
How Rich Is Kankakee, Illinois?
Kankakee has a wealth index grade of D. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a D grade means residents are somewhat worse off than the U.S. average. The median household income is $49,385, about 41% lower than the Illinois average of $84,042.
How fast is household income rising in Kankakee, Illinois?
Between 2009 and 2024, the median household income in Kankakee, Illinois rose 50%, from $32,937 to $49,385. Over the same years, income here lagged behind Illinois as a whole: +50% against +52%.
What was the median household income in Kankakee in 2023?
In 2023, the median household income in Kankakee, Illinois was $46,194, up 7% from $43,349 in 2022. The Illinois median that year was $82,182.
What was the median household income in Kankakee in 2020?
In 2020, the median household income in Kankakee, Illinois was $39,894. By 2024 it had risen 24% to $49,385.
What is the Gini coefficient in Kankakee, Illinois?
The Gini coefficient in Kankakee is 0.550. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is almost the same as the US average of 0.552, so income is distributed about as equally as in the country overall.
How has the income gap between men and women changed in Kankakee, Illinois?
Since 2009, the income gap between men and women in Kankakee, Illinois has narrowed from about 21% to 9% in 2024. Over that period the gap was widest at 22% in 2020, and was narrowest at 2% in 2013. In dollar terms, the gap has narrowed by $3,171 since 2009.
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