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Florence Township, Illinois Economic Analysis

   (County: Stephenson County)

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Economic Analysis

People and the communities they live in depend on money. The people of Florence Township, Illinois need food, shelter, clothing, and medical care. Business formation and job creation are essential to this community. Money sustains infrastructure such as roads and airports as well as human resources including fire rescue and police protection.

Energy Costs In Illinois

    Residential
(cents per
kilowatthour)
Commercial
(cents per
kilowatthour)
Industrial
(cents per
kilowatthour)
Other
(cents per
kilowatthour)
Transportation
(cents per
kilowatthour)
Total
(cents per
kilowatthour)
1990              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 9.92 7.77 5.40 6.70 0.00 7.49
  Total Electric Industry 9.92 7.77 5.40 6.70 0.00 7.49
1991              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 9.87 7.95 5.49 6.84 0.00 7.63
  Total Electric Industry 9.87 7.95 5.49 6.84 0.00 7.63
1992              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 10.29 8.09 5.47 6.93 0.00 7.69
  Total Electric Industry 10.29 8.09 5.47 6.93 0.00 7.69
1993              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 10.28 8.00 5.45 7.03 0.00 7.75
  Total Electric Industry 10.28 8.00 5.45 7.03 0.00 7.75
1994              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 9.98 7.68 5.18 6.47 0.00 7.41
  Total Electric Industry 9.98 7.68 5.18 6.47 0.00 7.41
1995              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 10.37 7.88 5.27 6.80 0.00 7.69
  Total Electric Industry 10.37 7.88 5.27 6.80 0.00 7.69
1996              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 10.34 7.97 5.24 6.84 0.00 7.69
  Total Electric Industry 10.34 7.97 5.24 6.84 0.00 7.69
1997              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 10.43 7.93 5.29 6.84 0.00 7.71
  Total Electric Industry 10.43 7.93 5.29 6.84 0.00 7.71
1998              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 9.85 7.77 5.11 6.80 0.00 7.46
  Total Electric Industry 9.85 7.77 5.11 6.80 0.00 7.46
1999              
  Energy-Only Providers 5.00 2.42 2.14 0.00 0.00 2.23
  Full-Service Providers 8.83 7.39 5.02 5.95 0.00 6.98
  Total Electric Industry 8.83 7.38 4.99 5.95 0.00 6.96
2000              
  Energy-Only Providers 0.00 5.49 6.92 0.00 0.00 6.28
  Full-Service Providers 8.83 7.53 4.76 5.55 0.00 6.99
  Total Electric Industry 8.83 7.31 4.99 5.63 0.00 6.94
2001              
  Delivery-Only Service 0.00 1.71 0.95 1.48 0.00 1.29
  Energy-Only Providers 0.00 4.60 4.18 4.49 0.00 4.37
  Full-Service Providers 8.71 7.51 4.57 6.48 0.00 7.02
  Total Electric Industry 8.71 7.40 4.65 6.37 0.00 6.90
2002              
  Delivery-Only Service 0.00 2.57 1.62 3.08 0.00 2.02
  Energy-Only Providers 0.00 5.69 3.67 3.97 0.00 4.37
  Full-Service Providers 8.39 7.41 4.75 5.76 0.00 7.01
  Total Electric Industry 8.39 7.52 4.89 5.88 0.00 6.94
2003              
  Delivery-Only Service 0.00 2.30 1.44 0.00 0.00 1.73
  Energy-Only Providers 0.00 4.70 3.67 0.00 0.00 4.02
  Full-Service Providers 8.38 7.35 4.74 0.00 5.87 7.07
  Total Electric Industry 8.38 7.30 4.86 0.00 5.87 6.86
2004              
  Delivery-Only Service 0.00 1.81 1.11 0.00 0.00 1.40
  Energy-Only Providers 0.00 4.15 3.70 0.00 0.00 3.89
  Full-Service Providers 8.37 8.03 4.57 0.00 5.70 7.16
  Total Electric Industry 8.37 7.54 4.65 0.00 5.70 6.80
2005              
  Delivery-Only Service 0.00 1.66 0.89 0.00 0.00 1.25
  Energy-Only Providers 0.00 4.21 3.74 0.00 0.00 3.95
  Full-Service Providers 8.34 8.41 4.60 0.00 5.61 7.37
  Total Electric Industry 8.34 7.75 4.61 0.00 5.61 6.95
2006              
  Delivery-Only Service 0.00 1.54 0.88 0.00 0.00 1.21
  Energy-Only Providers 0.00 4.60 4.35 0.00 0.00 4.47
  Full-Service Providers 8.42 8.59 4.46 0.00 5.59 7.38
  Total Electric Industry 8.42 7.95 4.69 0.00 5.59 7.07

(updated 2006)



Time Leaving to Work in Florence Township, Illinois

12:00 A.M. TO 4:59 A.M.   : 11   (1.7%)
5:00 A.M. TO 5:29 A.M.   : 27   (4.2%)
5:30 A.M. TO 5:59 A.M.   : 22   (3.4%)
6:00 A.M. TO 6:29 A.M.   : 100   (15.6%)
6:30 A.M. TO 6:59 A.M.   : 93   (14.5%)
7:00 A.M. TO 7:29 A.M.   : 113   (17.6%)
7:30 A.M. TO 7:59 A.M.   : 104   (16.2%)
8:00 A.M. TO 8:29 A.M.   : 58   (9.0%)
8:30 A.M. TO 8:59 A.M.   : 24   (3.7%)
9:00 A.M. TO 9:59 A.M.   : 31   (4.8%)
10:00 A.M. TO 10:59 A.M.   : 3   (0.5%)
11:00 A.M. TO 11:59 A.M.   : 0   (0.0%)
12:00 P.M. TO 3:59 P.M.   : 31   (4.8%)
4:00 P.M. TO 11:59 P.M.   : 26   (4.0%)


(updated 2010)



Means Of Transportation
(Florence Township, Illinois)

Car, truck, or van:

Drove alone : 422

Carpooled:

In 2-person carpool : 39

In 3-person carpool : 4

In 4-person carpool : 0

In 5- or 6-person carpool : 0

In 7-or-more-person carpool : 7

Public transportation (excluding taxicab):

Bus or trolley bus : 0

Streetcar or trolley car (carro publico in Puerto Rico) : 0

Subway or elevated : 0

Railroad : 0

Ferryboat : 0

Taxicab : 0

Motorcycle : 0

Bicycle : 0

Walked : 22

Other means : 0

Worked at home : 37


(updated 2009)



Travel Time To Work
(Florence Township, Illinois)

Less than 5 minutes : 0

5 to 9 minutes : 71

10 to 14 minutes : 128

15 to 19 minutes : 98

20 to 24 minutes : 75

25 to 29 minutes : 0

30 to 34 minutes : 23

35 to 39 minutes : 0

40 to 44 minutes : 0

45 to 59 minutes : 43

60 to 89 minutes : 21

90 or more minutes : 35


(updated 2009)



Social Security Income In The Past 12 Months For Households
(Florence Township, Illinois)

With Social Security income : 231

No Social Security income : 254


(updated 2009)



Retirement Income In The Past 12 Months For Households
(Florence Township, Illinois)

With retirement income : 120

No retirement income : 365


(updated 2009)



Family Income (Annual)
(Florence Township, Illinois)

Less than $10,000 : 0

$10,000 to $14,999 : 5

$15,000 to $19,999 : 8

$20,000 to $24,999 : 19

$25,000 to $29,999 : 25

$30,000 to $34,999 : 24

$35,000 to $39,999 : 5

$40,000 to $44,999 : 31

$45,000 to $49,999 : 13

$50,000 to $59,999 : 25

$60,000 to $74,999 : 64

$75,000 to $99,999 : 63

$100,000 to $124,999 : 60

$125,000 to $149,999 : 31

$150,000 to $199,999 : 24

$200,000 or more : 35


(updated 2009)



Median Family Income (Annual)
(Florence Township, Illinois)

Median family income in the past 12 months (in 2009 inflation-adjusted dollars) : $72,500


(updated 2009)



AM Radio Stations Near Florence Township, Illinois

  • NEW (1210 AM; 2.0 kW; Freeport, IL; Owner: Km Communications, Inc.)
  • WSDR (1240 AM; 1.0 kW; Nelson, IL; Owner: Withers Broadcasting Company Of Rock River, Llc)
  • WEKZ (1260 AM; 1.0 kW; Monroe, WI; Owner: Ronald M. Spielman & Scott Thompson)
  • WNTA (1330 AM; 1.0 kW; Rockford, IL; Owner: Maverick Media Of Rockford License Llc)
  • WROK (1440 AM; 5.0 kW; Rockford, IL; Owner: Cumulus Licensing Llc)
  • WROK (1440 AM; 5.0 kW; Rockford, IL; Owner: Cumulus Licensing Llc)
  • WIXN (1460 AM; 1.0 kW; Dixon, IL; Owner: Nrg License Sub, Llc)
  • WFRL (1570 AM; 5.0 kW; Freeport, IL; Owner: Green County Broadcasting)

FM Radio Stations Near Florence Township, Illinois

  • WCCI (100.3 FM; Savanna, IL; Owner: Carroll County Communications, Inc.)
  • WRCV (101.7 FM; Dixon, IL; Owner: Nrg License Sub, Llc)
  • WQLF (102.1 FM; Eleroy, IL; Owner: Lena Radio Broadcasting)
  • WZZT (102.7 FM; Morrison, IL; Owner: Withers Broadcasting Company Of Rock River, Llc)
  • WXRX (104.9 FM; Rockford, IL; Owner: Maverick Media Of Rockford License Llc)
  • WLLT (107.7 FM; Woosung, IL; Owner: Sauk Valley Broadcasting Company)
  • WFEN (88.3 FM; Rockford, IL; Owner: Faith Academy, D/b/a Wfen)
  • WNIE (89.1 FM; Freeport, IL; Owner: Northern Illinois University)
  • NEW (89.9 FM; Milledgeville, IL; Owner: Newman Central Catholic High School)
  • NEW (89.9 FM; Lanark, IL; Owner: Pensacola Christian College, Inc.)
  • WNIQ (91.5 FM; Woosung, IL; Owner: Northern Illinois University)
  • WFPS (92.1 FM; Eleroy, IL; Owner: Green County Broadcasting)
  • WEKZ-FM (93.7 FM; Monroe, WI; Owner: Ronald M.spielman & Scott)
  • WSSQ (94.3 FM; Coleta, IL; Owner: Withers Broadcasting Company Of Rock River, Llc)
  • WRTB (95.3 FM; Rockford, IL; Owner: Maverick Media Of Rockford License Llc)
  • WSEY (95.7 FM; Mount Morris, IL; Owner: Nrg License Sub, Llc)
  • WKGL-FM (96.7 FM; Rockford, IL; Owner: Cumulus Licensing Llc)
  • WZOK (97.5 FM; Rockford, IL; Owner: Cumulus Licensing Llc)
  • WXXQ (98.5 FM; Pecatonica, IL; Owner: Cumulus Licensing Llc)

TV Broadcast Stations Near Florence Township, Illinois

  • WREX-TV (Channel 13; Winnebago, IL; Owner: Wrex Television, Llc)
  • WTVO (Channel 17; Rockford, IL; Owner: Mission Broadcasting, Inc.)
  • WIFR (Channel 23; Rockford, IL; Owner: Gray Television Licensee, Inc.)
  • WQRF-TV (Channel 39; Rockford, IL; Owner: Nexstar Broadcasting, Inc.)

(updated 2008)



Occupations in Florence Township, Illinois

Male:


  • Management, Professional, And Related Occupations: 141  (36.8%)
  • Service Occupations: 19  (5.0%)
  • Sales And Office Occupations: 60  (15.7%)
  • Farming, Fishing, And Forestry Occupations 0  (0.0%)
  • Construction, Extraction, And Maintenance Occupations: 94  (24.5%)

Female:


  • Management, Professional, And Related Occupations: 112  (36.8%)
  • Service Occupations: 39  (12.8%)
  • Sales And Office Occupations: 117  (38.5%)
  • Farming, Fishing, And Forestry Occupations 0  (0.0%)
  • Construction, Extraction, And Maintenance Occupations: 0  (0.0%)


(updated 2010)





There are 279 Farms In Florence Township, Illinois


(updated 2008)



Banks In Florence Township, Illinois

Fifth Third Bank - 3 Branches


    Bank Assets: $390.5m
    Industry Specialization: Commercial Lending
    Total Offices: 1,348

U.s. Bank National Association - 3 Branches


    Bank Assets: $1.1b
    Industry Specialization: Commercial Lending
    Total Offices: 3,238

Midwest Community Bank - 2 Branches


    Bank Assets: $425.5k
    Industry Specialization: Commercial Lending
    Total Offices: 5

Union Savings Bank - 2 Branches


    Bank Assets: $325.1k
    Industry Specialization: All Other < $1 Billion
    Total Offices: 60

Citizens State Bank - 1 Branches


    Bank Assets: $229k
    Industry Specialization: Agricultural
    Total Offices: 100

Kent Bank - 1 Branches


    Bank Assets: $84k
    Industry Specialization: All Other < $1 Billion
    Total Offices: 2

Midland States Bank - 1 Branches


    Bank Assets: $1.7m
    Industry Specialization: Commercial Lending
    Total Offices: 35

State Bank - 1 Branches


    Bank Assets: $224.3k
    Industry Specialization: Commercial Lending
    Total Offices: 24

Woodforest National Bank - 1 Branches


    Bank Assets: $4.1m
    Industry Specialization: Commercial Lending
    Total Offices: 763

(updated 2014)







Airports Near Florence Township, Illinois

  • Albertus


    (about 5.6 miles in Baileyville, Illinois; Airport Code: FEP)

  • Chicago/Rockford International


    (about 30.9 miles in Rockford, Illinois; Airport Code: RFD)

  • Whiteside County-Jos H. Bittorf Field


    (about 35.3 miles in Rock Falls, Illinois; Airport Code: SQI)

  • Southern Wisconsin Regional


    (about 41.8 miles in Afton, Wisconsin; Airport Code: JVL)

  • Rock County


    (about 41.9 miles in Afton, Wisconsin; Airport Code: JVL)

  • Clinton Municipal


    (about 43.7 miles in Low Moor, Iowa; Airport Code: CWI)

  • Dubuque Regional


    (about 53.2 miles in Dubuque, Iowa; Airport Code: DBQ)

  • De Kalb Taylor Municipal


    (about 55.1 miles in Cortland, Illinois; Airport Code: II3)


(updated 2015)



Modes of Transportation in Florence Township, Illinois

Car, Truck, Or Van:

 

Drove Alone

91.25%

Carpooled

3.71%

Public Transportation:

 

Bus Or Trolley Bus

0.0%

Streetcar Or Trolley Car

0.0%

Subway Or Elevated

0.0%

Railroad

0.0%

Ferryboat

0.0%

Taxicab

0.0%

Motorcycle

0.0%

Bicycle

0.0%

Walked

0.45%

Other Means

0.0%

Worked At Home

4.60%



(updated 2010)





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