City Economic Stability Profile
Hometown, IL
Hometown, IL economic stability profile with standardized national metrics for side-by-side comparison.
Overview
Hometown, IL economic stability profile with standardized national metrics for side-by-side comparison.
Economic Stability Score
These four signal scores explain how this location's Combined Score is constructed.
Employment Health
45/100
Derived from unemployment and labor force participation signals.
Income Stability
64/100
Derived from household income and poverty trend signals.
Industry Diversification
97/100
Derived from sector concentration and diversification signals.
Population Stability
19/100
Derived from migration balance and population change signals.
Key Drivers
Primary factors currently pushing this location's score higher or lower relative to peers.
- 01Industry Diversification is currently the strongest signal category at 97/100, contributing the most relative stability.
- 02Population Stability is currently the lowest signal category at 19/100 and is the main area limiting the Combined Score.
- 03Prior-year Combined Score comparison is not available yet.
- 04Trend direction is Declining based on multi-year signal movement rather than single-year changes.
- 05Current as-of year is 2024 using methodology version v1.
Trend Direction
Declining
Trend Direction reflects multi-year signal movement and is intended to reduce one-year volatility noise.
What Changed This Year
Year-over-year change cannot be calculated yet because a prior snapshot is not available for comparison.
Employment Health
No prior-year comparison available yet.
Income Stability
No prior-year comparison available yet.
Industry Diversification
No prior-year comparison available yet.
Population Stability
No prior-year comparison available yet.
Multi-Year Trend
Recent historical Combined Score movement for this location, shown with national percentile context.
| Year | Combined Score | National Percentile | Trend Direction |
|---|---|---|---|
| 2024 | 56 | 60th | Declining |
State Comparison
State Peer Position
77th percentile
Compared with all cities in IL.
Gap To State Median
+27 percentile points
Positive values indicate above-median economic stability within the state.
National Comparison
National percentile metrics show where this location ranks among same-level U.S. peers.
National Position
60th percentile
Compared with all U.S. cities.
Gap To U.S. Median
+10 percentile points
Computed against the national city distribution.
Methodology Summary
High-level scoring notes for interpretation. Full documentation and historical detail are expanded in later versions.
- Combined Score is calculated from normalized metric percentiles across the four core economic stability signals.
- Trend Direction is calculated from multi-year signal movement with positive and negative indicator handling.
- Comparisons are always level-matched: state vs state, county vs county, and city vs city.
- Current snapshot version is v1 with an as-of year of 2024.
Educational next steps
Explore trusted economic context resources
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See how Hometown, IL is scored
Understand how Combined Score, trend direction, and percentile benchmarks are calculated.
Review public data sources behind these scores
Inspect source systems, update cadence, and public dataset coverage used in this model.
Explore federal labor data context for Hometown, IL
Compare this analysis with official labor market data from the U.S. Bureau of Labor Statistics.