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Lake Summerset Cdp, Illinois Economic Analysis

   (County: Winnebago County)

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Economic Analysis

People and the communities they live in depend on money. The people of Lake Summerset Cdp, 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 Lake Summerset Cdp, Illinois

12:00 A.M. TO 4:59 A.M.   : 43   (4.8%)
5:00 A.M. TO 5:29 A.M.   : 51   (5.6%)
5:30 A.M. TO 5:59 A.M.   : 55   (6.1%)
6:00 A.M. TO 6:29 A.M.   : 76   (8.4%)
6:30 A.M. TO 6:59 A.M.   : 120   (13.3%)
7:00 A.M. TO 7:29 A.M.   : 160   (17.7%)
7:30 A.M. TO 7:59 A.M.   : 149   (16.5%)
8:00 A.M. TO 8:29 A.M.   : 97   (10.7%)
8:30 A.M. TO 8:59 A.M.   : 6   (0.7%)
9:00 A.M. TO 9:59 A.M.   : 21   (2.3%)
10:00 A.M. TO 10:59 A.M.   : 14   (1.5%)
11:00 A.M. TO 11:59 A.M.   : 0   (0.0%)
12:00 P.M. TO 3:59 P.M.   : 61   (6.7%)
4:00 P.M. TO 11:59 P.M.   : 51   (5.6%)


(updated 2010)



Means Of Transportation
(Lake Summerset Cdp, Illinois)

Car, truck, or van:

Drove alone : 538

Carpooled:

In 2-person carpool : 46

In 3-person carpool : 18

In 4-person carpool : 0

In 5- or 6-person carpool : 0

In 7-or-more-person carpool : 9

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 : 0

Other means : 0

Worked at home : 53


(updated 2009)



Travel Time To Work
(Lake Summerset Cdp, Illinois)

Less than 5 minutes : 0

5 to 9 minutes : 38

10 to 14 minutes : 10

15 to 19 minutes : 55

20 to 24 minutes : 33

25 to 29 minutes : 83

30 to 34 minutes : 38

35 to 39 minutes : 60

40 to 44 minutes : 51

45 to 59 minutes : 70

60 to 89 minutes : 93

90 or more minutes : 80


(updated 2009)



Social Security Income In The Past 12 Months For Households
(Lake Summerset Cdp, Illinois)

With Social Security income : 481

No Social Security income : 346


(updated 2009)



Retirement Income In The Past 12 Months For Households
(Lake Summerset Cdp, Illinois)

With retirement income : 310

No retirement income : 517


(updated 2009)



Family Income (Annual)
(Lake Summerset Cdp, Illinois)

Less than $10,000 : 0

$10,000 to $14,999 : 0

$15,000 to $19,999 : 24

$20,000 to $24,999 : 33

$25,000 to $29,999 : 0

$30,000 to $34,999 : 49

$35,000 to $39,999 : 52

$40,000 to $44,999 : 26

$45,000 to $49,999 : 0

$50,000 to $59,999 : 46

$60,000 to $74,999 : 122

$75,000 to $99,999 : 127

$100,000 to $124,999 : 66

$125,000 to $149,999 : 18

$150,000 to $199,999 : 57

$200,000 or more : 31


(updated 2009)



Median Family Income (Annual)
(Lake Summerset Cdp, Illinois)

Median family income in the past 12 months (in 2009 inflation-adjusted dollars) : $70,880


(updated 2009)



AM Radio Stations Near Lake Summerset Cdp, Illinois

  • NEW (1210 AM; 2.0 kW; Freeport, IL; Owner: Km Communications, Inc.)
  • WCLO (1230 AM; 1.0 kW; Janesville, WI; Owner: Southern Wisconsin Broadcasting, 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)
  • WTJK (1380 AM; 5.0 kW; Roscoe, IL; Owner: Good Karma Broadcasting, 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)
  • WGEZ (1490 AM; 1.0 kW; Beloit, WI; Owner: Alliance Communications, Inc.)
  • WLUV (1520 AM; 0.5 kW; Machesney Park, IL; Owner: Angelo Joseph Salvi)
  • WFRL (1570 AM; 5.0 kW; Freeport, IL; Owner: Green County Broadcasting)

FM Radio Stations Near Lake Summerset Cdp, Illinois

  • WQFL (100.9 FM; Loves Park, IL; Owner: Quest For Life, Inc.)
  • WQLF (102.1 FM; Eleroy, IL; Owner: Lena Radio Broadcasting)
  • WGFB (103.1 FM; Machesney Park, IL; Owner: Maverick Media Of Rockford License Llc)
  • WXRX (104.9 FM; Rockford, IL; Owner: Maverick Media Of Rockford License Llc)
  • WWHG (105.9 FM; Evansville, WI; Owner: Good Karma Broadcasting, L.l.c.)
  • WFEN (88.3 FM; Rockford, IL; Owner: Faith Academy, D/b/a Wfen)
  • WNIE (89.1 FM; Freeport, IL; Owner: Northern Illinois University)
  • WBCR-FM (90.3 FM; Beloit, WI; Owner: The Board Of Trustees/beloit College)
  • WGSL (91.1 FM; Loves Park, IL; Owner: Christian Life Center School)
  • WWJA (91.5 FM; Footville, WI; Owner: Family Stations, Inc.)
  • WSUM (91.7 FM; Belleville, WI; Owner: Board Of Regents, University Of Wisconsin System)
  • WFPS (92.1 FM; Eleroy, IL; Owner: Green County Broadcasting)
  • WEKZ-FM (93.7 FM; Monroe, WI; Owner: Ronald M.spielman & Scott)
  • 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)
  • WBKY (95.9 FM; Brooklyn, WI; Owner: Magnum Communications, Inc.)
  • 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)
  • WJVL (99.9 FM; Footville, WI; Owner: Southern Wisconsin Broadcasting, L.l.c.)

TV Broadcast Stations Near Lake Summerset Cdp, 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 Lake Summerset Cdp, Illinois

Male:


  • Management, Professional, And Related Occupations: 158  (32.0%)
  • Service Occupations: 31  (6.3%)
  • Sales And Office Occupations: 74  (15.0%)
  • Farming, Fishing, And Forestry Occupations 0  (0.0%)
  • Construction, Extraction, And Maintenance Occupations: 90  (18.2%)

Female:


  • Management, Professional, And Related Occupations: 225  (49.3%)
  • Service Occupations: 38  (8.3%)
  • Sales And Office Occupations: 180  (39.5%)
  • Farming, Fishing, And Forestry Occupations 0  (0.0%)
  • Construction, Extraction, And Maintenance Occupations: 0  (0.0%)


(updated 2010)





There are 68 Farms In Lake Summerset Cdp, Illinois


(updated 2008)



Banks In Lake Summerset Cdp, Illinois

State Bank Of Davis - 1 Branches


    Bank Assets: $135.4k
    Industry Specialization: Commercial Lending
    Total Offices: 1

Durand State Bank - 1 Branches


    Bank Assets: $90.6k
    Industry Specialization: All Other < $1 Billion
    Total Offices: 2

(updated 2014)







Airports Near Lake Summerset Cdp, Illinois

  • Albertus


    (about 16.9 miles in Baileyville, Illinois; Airport Code: FEP)

  • Southern Wisconsin Regional


    (about 21.6 miles in Afton, Wisconsin; Airport Code: JVL)

  • Rock County


    (about 21.7 miles in Afton, Wisconsin; Airport Code: JVL)

  • Chicago/Rockford International


    (about 23.3 miles in Rockford, Illinois; Airport Code: RFD)

  • Dane County Regional-Truax Field


    (about 47.8 miles in Madison, Wisconsin; Airport Code: MSN)

  • Truax Field


    (about 47.9 miles in Madison, Wisconsin; Airport Code: MSN)

  • De Kalb Taylor Municipal


    (about 50.3 miles in Cortland, Illinois; Airport Code: II3)

  • Whiteside County-Jos H. Bittorf Field


    (about 51.1 miles in Rock Falls, Illinois; Airport Code: SQI)

  • Americana


    (about 52.5 miles in Springfield, Wisconsin; Airport Code: XES)


(updated 2015)



Modes of Transportation in Lake Summerset Cdp, Illinois

Car, Truck, Or Van:

 

Drove Alone

86.62%

Carpooled

8.89%

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

0.0%

Other Means

1.28%

Worked At Home

3.21%



(updated 2010)





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