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Herscher Village, Illinois Economic Analysis

   (County: Kankakee County)

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Economic Analysis

People and the communities they live in depend on money. The people of Herscher Village, 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 Herscher Village, Illinois

12:00 A.M. TO 4:59 A.M.   : 50   (7.3%)
5:00 A.M. TO 5:29 A.M.   : 16   (2.3%)
5:30 A.M. TO 5:59 A.M.   : 23   (3.3%)
6:00 A.M. TO 6:29 A.M.   : 66   (9.6%)
6:30 A.M. TO 6:59 A.M.   : 81   (11.8%)
7:00 A.M. TO 7:29 A.M.   : 115   (16.7%)
7:30 A.M. TO 7:59 A.M.   : 126   (18.3%)
8:00 A.M. TO 8:29 A.M.   : 50   (7.3%)
8:30 A.M. TO 8:59 A.M.   : 20   (2.9%)
9:00 A.M. TO 9:59 A.M.   : 6   (0.9%)
10:00 A.M. TO 10:59 A.M.   : 21   (3.1%)
11:00 A.M. TO 11:59 A.M.   : 4   (0.6%)
12:00 P.M. TO 3:59 P.M.   : 48   (7.0%)
4:00 P.M. TO 11:59 P.M.   : 62   (9.0%)


(updated 2010)



Means Of Transportation
(Herscher Village, Illinois)

Car, truck, or van:

Drove alone : 661

Carpooled:

In 2-person carpool : 73

In 3-person carpool : 6

In 4-person carpool : 0

In 5- or 6-person carpool : 0

In 7-or-more-person carpool : 0

Public transportation (excluding taxicab):

Bus or trolley bus : 0

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

Subway or elevated : 0

Railroad : 2

Ferryboat : 0

Taxicab : 0

Motorcycle : 0

Bicycle : 7

Walked : 73

Other means : 3

Worked at home : 18


(updated 2009)



Travel Time To Work
(Herscher Village, Illinois)

Less than 5 minutes : 99

5 to 9 minutes : 118

10 to 14 minutes : 59

15 to 19 minutes : 38

20 to 24 minutes : 86

25 to 29 minutes : 44

30 to 34 minutes : 154

35 to 39 minutes : 28

40 to 44 minutes : 35

45 to 59 minutes : 62

60 to 89 minutes : 87

90 or more minutes : 15


(updated 2009)



Social Security Income In The Past 12 Months For Households
(Herscher Village, Illinois)

With Social Security income : 151

No Social Security income : 440


(updated 2009)



Retirement Income In The Past 12 Months For Households
(Herscher Village, Illinois)

With retirement income : 94

No retirement income : 497


(updated 2009)



Family Income (Annual)
(Herscher Village, Illinois)

Less than $10,000 : 11

$10,000 to $14,999 : 3

$15,000 to $19,999 : 9

$20,000 to $24,999 : 14

$25,000 to $29,999 : 17

$30,000 to $34,999 : 14

$35,000 to $39,999 : 16

$40,000 to $44,999 : 35

$45,000 to $49,999 : 21

$50,000 to $59,999 : 42

$60,000 to $74,999 : 80

$75,000 to $99,999 : 50

$100,000 to $124,999 : 92

$125,000 to $149,999 : 21

$150,000 to $199,999 : 7

$200,000 or more : 11


(updated 2009)



Median Family Income (Annual)
(Herscher Village, Illinois)

Median family income in the past 12 months (in 2009 inflation-adjusted dollars) : $70,404


(updated 2009)



AM Radio Stations Near Herscher Village, Illinois

  • WKAN (1320 AM; 1.0 kW; Bradley, IL; Owner: Staradio)
  • WGFA (1360 AM; 1.0 kW; Watseka, IL; Owner: Iroquois County Broadcasting Company)
  • WCSJ (1550 AM; 0.25 kW; Morris, IL; Owner: Grundy County Broadcasters, Inc.)

FM Radio Stations Near Herscher Village, Illinois

  • WRXQ (100.7 FM; Braidwood, IL; Owner: Nm Licensing Llc)
  • WIVR (101.7 FM; Donovan, IL; Owner: Milner Broadcasting Enterprises, Llc)
  • WCSJ-FM (103.1 FM; Carbon Hill, IL; Owner: Grundy County Broadcasters, Inc.)
  • WFAV (103.7 FM; Crescent City, IL; Owner: Milner Broadcasting Company)
  • WCFL (104.7 FM; Morris, IL; Owner: Illinois District Council Of Assembl)
  • WYKT (105.5 FM; Carbon Hill, IL; Owner: Staradio Corporation)
  • WXNU (106.5 FM; Saint Anne, IL; Owner: Staradio Corporation)
  • WAWF (88.3 FM; Aroma Park, IL; Owner: Family Worship Center Church, Inc.)
  • WPJC (88.3 FM; Fairbury, IL; Owner: Csn International)
  • WPJC (88.3 FM; Pontiac, IL; Owner: Csn International)
  • NEW (88.5 FM; Minooka, IL; Owner: Ocean Side Broadcasting, Inc.)
  • WEGN (88.7 FM; Kankakee, IL; Owner: Cornerstone Community Radio, Inc.)
  • NEW (88.9 FM; Woodland, IL; Owner: Good News Radio, Inc.)
  • WOTW (88.9 FM; Monee, IL; Owner: Life On The Way Communications, Inc.)
  • NEW (89.3 FM; Morris, IL; Owner: Cultural Renewal Radio, Ua)
  • WONU (89.7 FM; Bradley, IL; Owner: Olivet Nazarene University)
  • NEW (90.5 FM; Thawville, IL; Owner: California Association For Research And Education Inc.)
  • WBEQ (90.7 FM; Mazon, IL; Owner: The Wbez Alliance, Inc.)
  • WKCC (91.1 FM; Bradley, IL; Owner: Kankakee Community College)
  • WKCC (91.1 FM; Bradley, IL; Owner: Kankakee Community College)
  • WJCH (91.9 FM; Channahon, IL; Owner: Family Stations, Inc.)
  • WKIF (92.7 FM; Bradley, IL; Owner: Wkif, Inc.)
  • WGFA-FM (94.1 FM; Watseka, IL; Owner: Iroquois County Broadcasting Company)
  • WVLI (95.1 FM; Aroma Park, IL; Owner: Milner Broadcasting Company)
  • WJDK-FM (95.7 FM; Verona, IL; Owner: Grundy County Broadcasters, Inc)
  • WMLF (95.9 FM; Watseka, IL; Owner: Radioactive, Llc)
  • WCCQ (98.3 FM; Channahon, IL; Owner: Nm Licensing Llc)
  • WJEZ (98.9 FM; Dwight, IL; Owner: Regent Broadcasting Of Bloomington, Inc.)
  • WRZA (99.9 FM; Peotone, IL; Owner: Wclr, Inc.)

TV Broadcast Stations Near Herscher Village, Illinois

  • 960920WE (Channel 54; Bradley, IL; Owner: On-line Public Ed. Network)

(updated 2008)



Occupations in Herscher Village, Illinois

Male:


  • Management, Professional, And Related Occupations: 139  (37.1%)
  • Service Occupations: 22  (5.9%)
  • Sales And Office Occupations: 43  (11.5%)
  • Farming, Fishing, And Forestry Occupations 2  (0.5%)
  • Construction, Extraction, And Maintenance Occupations: 59  (15.7%)

Female:


  • Management, Professional, And Related Occupations: 137  (40.1%)
  • Service Occupations: 62  (18.1%)
  • Sales And Office Occupations: 133  (38.9%)
  • Farming, Fishing, And Forestry Occupations 0  (0.0%)
  • Construction, Extraction, And Maintenance Occupations: 0  (0.0%)


(updated 2010)





There are 75 Farms In Herscher Village, Illinois


(updated 2008)



Banks In Herscher Village, Illinois

Centrue Bank - 1 Branches


    Bank Assets: $867.9k
    Industry Specialization: Commercial Lending
    Total Offices: 26

State Bank Of Herscher - 1 Branches


    Bank Assets: $138.4k
    Industry Specialization: Commercial Lending
    Total Offices: 2

(updated 2014)







Airports Near Herscher Village, Illinois

  • Greater Kankakee


    (about 12.9 miles in Aroma Park, Illinois; Airport Code: IKK)

  • Lowell Airport


    (about 33.0 miles in Schneider, Indiana; Airport Code: RQL)

  • Lewis University


    (about 38.5 miles in Homer Glen, Illinois; Airport Code: II2)

  • Lewis University


    (about 38.5 miles in Homer Glen, Illinois; Airport Code: LOT)

  • Rantoul National Aviation Center


    (about 52.4 miles in Rantoul, Illinois; Airport Code: II1)

  • Gary/Chicago International


    (about 52.7 miles in Gary, Indiana; Airport Code: GYY)

  • Aurora Municipal


    (about 53.5 miles in Sugar Grove, Illinois; Airport Code: AUZ)

  • Chicago Midway International


    (about 53.8 miles in Bedford Park, Illinois; Airport Code: MDW)

  • Central Illinois Regional


    (about 58.7 miles in Bloomington, Illinois; Airport Code: BMI)

  • Illinois Valley Regional


    (about 58.8 miles in Peru, Illinois; Airport Code: VYS)


(updated 2015)



Modes of Transportation in Herscher Village, Illinois

Car, Truck, Or Van:

 

Drove Alone

84.63%

Carpooled

8.04%

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

4.37%

Other Means

0.0%

Worked At Home

2.96%



(updated 2010)





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