Rockford is a city in Illinois state in USA with a population of 147441 residents.. The poverty rate of Rockford is 21.8%, which is 56% higher than national average. The typical household in Rockford earns $44771 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 5 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 11 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 55% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Rockford, only 85% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Rockford remained 9.6%, which is 104% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Rockford, only 23% of adults have a bachelor's degree and 33% have some college but no degree.

Cost of living in Rockford is 86, which is 14% lower than national average. Median home value in Rockford is $95200 , which is 59% lower than national average. While median income in Rockford remained $44771, which is 34% lower than national average.