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Norwood Village, Illinois Economic Analysis

   (County: Peoria County)

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Economic Analysis

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

12:00 A.M. TO 4:59 A.M.   : 12   (6.9%)
5:00 A.M. TO 5:29 A.M.   : 1   (0.6%)
5:30 A.M. TO 5:59 A.M.   : 5   (2.9%)
6:00 A.M. TO 6:29 A.M.   : 27   (15.4%)
6:30 A.M. TO 6:59 A.M.   : 21   (12.0%)
7:00 A.M. TO 7:29 A.M.   : 26   (14.9%)
7:30 A.M. TO 7:59 A.M.   : 19   (10.9%)
8:00 A.M. TO 8:29 A.M.   : 20   (11.4%)
8:30 A.M. TO 8:59 A.M.   : 8   (4.6%)
9:00 A.M. TO 9:59 A.M.   : 3   (1.7%)
10:00 A.M. TO 10:59 A.M.   : 3   (1.7%)
11:00 A.M. TO 11:59 A.M.   : 1   (0.6%)
12:00 P.M. TO 3:59 P.M.   : 14   (8.0%)
4:00 P.M. TO 11:59 P.M.   : 15   (8.6%)


(updated 2010)



Means Of Transportation
(Norwood Village, Illinois)

Car, truck, or van:

Drove alone : 174

Carpooled:

In 2-person carpool : 14

In 3-person carpool : 0

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 : 0

Ferryboat : 0

Taxicab : 0

Motorcycle : 0

Bicycle : 0

Walked : 0

Other means : 1

Worked at home : 0


(updated 2009)



Travel Time To Work
(Norwood Village, Illinois)

Less than 5 minutes : 11

5 to 9 minutes : 13

10 to 14 minutes : 13

15 to 19 minutes : 54

20 to 24 minutes : 48

25 to 29 minutes : 14

30 to 34 minutes : 31

35 to 39 minutes : 0

40 to 44 minutes : 0

45 to 59 minutes : 2

60 to 89 minutes : 3

90 or more minutes : 0


(updated 2009)



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

With Social Security income : 47

No Social Security income : 130


(updated 2009)



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

With retirement income : 49

No retirement income : 128


(updated 2009)



Family Income (Annual)
(Norwood Village, Illinois)

Less than $10,000 : 2

$10,000 to $14,999 : 4

$15,000 to $19,999 : 4

$20,000 to $24,999 : 11

$25,000 to $29,999 : 3

$30,000 to $34,999 : 8

$35,000 to $39,999 : 23

$40,000 to $44,999 : 11

$45,000 to $49,999 : 2

$50,000 to $59,999 : 15

$60,000 to $74,999 : 26

$75,000 to $99,999 : 13

$100,000 to $124,999 : 4

$125,000 to $149,999 : 2

$150,000 to $199,999 : 0

$200,000 or more : 0


(updated 2009)



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

Median family income in the past 12 months (in 2009 inflation-adjusted dollars) : $43,333


(updated 2009)



AM Radio Stations Near Norwood Village, Illinois

  • WPEO (1020 AM; 1.0 kW; Bayview Gardens, IL; Owner: Pinebrook Foundation, Inc.)
  • WVEL (1140 AM; 5.0 kW; Pekin, IL; Owner: Regent Broadcasting Of Peoria, Inc.)
  • WIRL (1290 AM; 5.0 kW; Creve Coeur, IL; Owner: Monterey Licenses, Llc)
  • WBYS (1560 AM; 0.25 kW; Saint David, IL; Owner: Wpw Broadcasting, Inc.)

FM Radio Stations Near Norwood Village, Illinois

  • WRVY-FM (100.5 FM; Lacon, IL; Owner: Wzoe, Inc)
  • WHPI (101.1 FM; Hanna City, IL; Owner: Im Il Licenses, Llc)
  • WDQX (102.3 FM; Morton, IL; Owner: Monterey Licenses, Llc)
  • WXCL (104.9 FM; Peoria, IL; Owner: Monterey Licenses, Llc)
  • WIXO (105.7 FM; Peoria, IL; Owner: Regent Broadcasting Of Peoria, Inc.)
  • WSWT (106.9 FM; Peoria, IL; Owner: Monterey Licenses, Llc)
  • WCDD (107.9 FM; Saint David, IL; Owner: Wpw Broadcasting, Inc.)
  • WBNH (88.5 FM; Creve Coeur, IL; Owner: Central Illinois Radio Fellowship, Inc.)
  • WCBU (89.9 FM; Creve Coeur, IL; Owner: Bradley University)
  • WAZU (90.7 FM; Edwards, IL; Owner: Sirius Syncope Inc.)
  • WCIC (91.5 FM; Marquette Heights, IL; Owner: Illinois Bible Institute, Inc.)
  • WZPW (92.3 FM; Edwards, IL; Owner: B&g Broadcasting, Inc.)
  • WZPW (92.3 FM; Peoria, IL; Owner: B&g Broadcasting, Inc.)
  • WPBG (93.3 FM; Peoria, IL; Owner: Monterey Licenses, Llc)
  • WPMJ (94.3 FM; Rome, IL; Owner: Kelly Communications, Inc.)
  • WZPN (96.5 FM; Trivoli, IL; Owner: Im Il Licenses, Llc)
  • WFYR (97.3 FM; Edwards, IL; Owner: Regent Broadcasting Of Peoria, Inc.)
  • WPIA (98.5 FM; Washington, IL; Owner: Im Il Licenses, Llc)

TV Broadcast Stations Near Norwood Village, Illinois

  • WHOI (Channel 19; Creve Coeur, IL; Owner: Barrington Peoria License Llc)
  • WMBD-TV (Channel 31; Peoria, IL; Owner: Nexstar Broadcasting, Inc.)
  • WYZZ-TV (Channel 43; Congerville, IL; Owner: Wyzz Licensee, Inc.)
  • WTVP (Channel 47; Creve Coeur, IL; Owner: Illinois Valley Pub Telecomm Corp)
  • WAOE (Channel 59; Peoria, IL; Owner: Four Seasons Peoria, Llc)

(updated 2008)



Occupations in Norwood Village, Illinois

Male:


  • Management, Professional, And Related Occupations: 20  (22.0%)
  • Service Occupations: 5  (5.5%)
  • Sales And Office Occupations: 13  (14.3%)
  • Farming, Fishing, And Forestry Occupations 0  (0.0%)
  • Construction, Extraction, And Maintenance Occupations: 26  (28.6%)

Female:


  • Management, Professional, And Related Occupations: 28  (30.4%)
  • Service Occupations: 14  (15.2%)
  • Sales And Office Occupations: 45  (48.9%)
  • Farming, Fishing, And Forestry Occupations 0  (0.0%)
  • Construction, Extraction, And Maintenance Occupations: 0  (0.0%)


(updated 2010)





Amtrak Stations in Norwood Village, Illinois

Bus Station(s)


    6100 West Everett M. Dirksen Parkway
    Greater Peoria Airport, lower level
    Peoria, Illinois 61607

(updated 2008)



There are 274 Farms In Norwood Village, Illinois


(updated 2008)



Banks In Norwood Village, Illinois

South Side Trust & Savings Bank Of Peoria - 9 Branches


    Bank Assets: $6m
    Industry Specialization: All Other < $1 Billion
    Total Offices: 13

Pnc Bank, National Association - 8 Branches


    Bank Assets: $2.5b
    Industry Specialization: Commercial Lending
    Total Offices: 2,821

Jpmorgan Chase Bank, National Association - 5 Branches


    Bank Assets: $10b
    Industry Specialization: International
    Total Offices: 5,679

Heartland Bank And Trust Company - 4 Branches


    Bank Assets: $10.1m
    Industry Specialization: Commercial Lending
    Total Offices: 58

Commerce Bank - 4 Branches


    Bank Assets: $91.5m
    Industry Specialization: All Other > $1 Billion
    Total Offices: 205

First Mid-illinois Bank & Trust, National Association - 4 Branches


    Bank Assets: $6.2m
    Industry Specialization: Commercial Lending
    Total Offices: 36

Busey Bank - 4 Branches


    Bank Assets: $13.7m
    Industry Specialization: Commercial Lending
    Total Offices: 42

Associated Bank, National Association - 3 Branches


    Bank Assets: $76.5m
    Industry Specialization: Commercial Lending
    Total Offices: 236

Morton Community Bank - 3 Branches


    Bank Assets: $8.5m
    Industry Specialization: Commercial Lending
    Total Offices: 32

Better Banks - 3 Branches


    Bank Assets: $745.3k
    Industry Specialization: Other < $1 Billion
    Total Offices: 6

(updated 2014)







Airports Near Norwood Village, Illinois

  • General Downing - Peoria International


    (about 3.2 miles in Peoria, Illinois; Airport Code: PIA)

  • Greater Peoria


    (about 3.2 miles in Peoria, Illinois; Airport Code: PIA)

  • Galesburg Municipal


    (about 41.4 miles in Galesburg, Illinois; Airport Code: GBG)

  • Logan County


    (about 42.5 miles in Lincoln, Illinois; Airport Code: II4)

  • Central Illinois Regional


    (about 43.4 miles in Bloomington, Illinois; Airport Code: BMI)

  • Macomb Municipal


    (about 51.6 miles in Macomb, Illinois; Airport Code: MQB)

  • Illinois Valley Regional


    (about 52.9 miles in Peru, Illinois; Airport Code: VYS)

  • Abraham Lincoln Capital


    (about 59.6 miles in Grandview, Illinois; Airport Code: SPI)

  • Capital


    (about 59.6 miles in Grandview, Illinois; Airport Code: SPI)


(updated 2015)



Modes of Transportation in Norwood Village, Illinois

Car, Truck, Or Van:

 

Drove Alone

87.71%

Carpooled

7.26%

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

2.79%

Worked At Home

2.23%



(updated 2010)





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