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Oakwood Village, Illinois Economic Analysis

   (County: Vermilion County)

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Economic Analysis

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

12:00 A.M. TO 4:59 A.M.   : 27   (3.6%)
5:00 A.M. TO 5:29 A.M.   : 30   (4.0%)
5:30 A.M. TO 5:59 A.M.   : 33   (4.4%)
6:00 A.M. TO 6:29 A.M.   : 98   (13.0%)
6:30 A.M. TO 6:59 A.M.   : 91   (12.1%)
7:00 A.M. TO 7:29 A.M.   : 97   (12.9%)
7:30 A.M. TO 7:59 A.M.   : 99   (13.2%)
8:00 A.M. TO 8:29 A.M.   : 48   (6.4%)
8:30 A.M. TO 8:59 A.M.   : 23   (3.1%)
9:00 A.M. TO 9:59 A.M.   : 22   (2.9%)
10:00 A.M. TO 10:59 A.M.   : 10   (1.3%)
11:00 A.M. TO 11:59 A.M.   : 4   (0.5%)
12:00 P.M. TO 3:59 P.M.   : 72   (9.6%)
4:00 P.M. TO 11:59 P.M.   : 98   (13.0%)


(updated 2010)



Means Of Transportation
(Oakwood Village, Illinois)

Car, truck, or van:

Drove alone : 476

Carpooled:

In 2-person carpool : 38

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 : 3

Walked : 22

Other means : 3

Worked at home : 10


(updated 2009)



Travel Time To Work
(Oakwood Village, Illinois)

Less than 5 minutes : 28

5 to 9 minutes : 39

10 to 14 minutes : 46

15 to 19 minutes : 129

20 to 24 minutes : 97

25 to 29 minutes : 45

30 to 34 minutes : 68

35 to 39 minutes : 17

40 to 44 minutes : 10

45 to 59 minutes : 34

60 to 89 minutes : 22

90 or more minutes : 7


(updated 2009)



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

With Social Security income : 194

No Social Security income : 392


(updated 2009)



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

With retirement income : 154

No retirement income : 432


(updated 2009)



Family Income (Annual)
(Oakwood Village, Illinois)

Less than $10,000 : 32

$10,000 to $14,999 : 26

$15,000 to $19,999 : 38

$20,000 to $24,999 : 15

$25,000 to $29,999 : 17

$30,000 to $34,999 : 35

$35,000 to $39,999 : 22

$40,000 to $44,999 : 39

$45,000 to $49,999 : 9

$50,000 to $59,999 : 42

$60,000 to $74,999 : 41

$75,000 to $99,999 : 20

$100,000 to $124,999 : 22

$125,000 to $149,999 : 21

$150,000 to $199,999 : 0

$200,000 or more : 3


(updated 2009)



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

Median family income in the past 12 months (in 2009 inflation-adjusted dollars) : $40,469


(updated 2009)



AM Radio Stations Near Oakwood Village, Illinois

  • WDWS (1400 AM; 1.0 kW; Champaign, IL; Owner: D.w.s., Inc.)
  • WKJR (1460 AM; 0.5 kW; Dewey, IL; Owner: Ruben's Productions, Inc.)
  • WDAN (1490 AM; 1.0 kW; Danville, IL; Owner: Neuhoff Family Limited Partnership)
  • WBCP (1580 AM; 0.25 kW; Champaign, IL; Owner: P & C Enterprises, Inc.)
  • WBCP (1580 AM; 0.135 kW; Champaign, IL; Owner: P & C Enterprises, Inc.)
  • WILL (580 AM; 5.0 kW; Champaign, IL; Owner: The Board Of Trustees Of The University Of Illinois)
  • WITY (980 AM; 1.0 kW; Danville, IL; Owner: Vermilion Broadcasting Corporation)

FM Radio Stations Near Oakwood Village, Illinois

  • WIXY (100.3 FM; Philo, IL; Owner: Saga Communications Of Illinois, Llc)
  • WHPO (100.9 FM; Hoopeston, IL; Owner: Market Street Broadcasting, Llc)
  • WDNL (102.1 FM; Danville, IL; Owner: Neuhoff Broadcasting - Danville, Inc)
  • WKZS (103.1 FM; Perrysville, IN; Owner: Benton-weatherford Broadcasting , Inc., Of In.)
  • WKZS (103.3 FM; Saint Joseph, IL; Owner: Benton-weatherford Broadcasting , Inc., Of In.)
  • WPXN (104.9 FM; Paxton, IL; Owner: Paxton Broadcasting Corporation)
  • WGKC (105.9 FM; Mahomet, IL; Owner: Radiostar, Inc.)
  • WPGU (107.1 FM; Champaign, IL; Owner: Illini Media Company)
  • WXET (107.9 FM; Villa Grove, IL; Owner: Champaign Partners Llc)
  • NEW (88.3 FM; Indianola, IL; Owner: Connersville Apostolic Lighthouse Incorporated)
  • NEW (88.3 FM; Sidell, IL; Owner: Tightrope Broadcasting, Inc)
  • NEW (88.5 FM; Covington, IN; Owner: Good Samaritan Educational Radio,inc)
  • WPCD (88.7 FM; Mahomet, IL; Owner: Parkland College)
  • WGNJ (89.3 FM; Fithian, IL; Owner: Good News Radio, Inc.)
  • WEFT (90.1 FM; Champaign, IL; Owner: Weft/prairie Air, Inc.)
  • WFOF (90.3 FM; State Line, IN; Owner: The Moody Bible Institute Of Chicago)
  • WBGL (91.7 FM; Saint Joseph, IL; Owner: Illinois Bible Institute, Inc)
  • WCFF (92.5 FM; Philo, IL; Owner: Saga Communications Of Illinois, Llc)
  • WSKL (92.9 FM; Perrysville, IN; Owner: Zona Communications, Inc.)
  • WEBX (93.5 FM; Pesotum, IL; Owner: Radiostar, Inc.)
  • WLRW (94.5 FM; Champaign, IL; Owner: Saga Communications Of Illinois, Llc)
  • WRHK (94.9 FM; State Line, IN; Owner: Neuhoff)
  • WLFH (95.3 FM; Thomasboro, IL; Owner: Radiostar, Inc.)
  • WQQB (96.1 FM; Mahomet, IL; Owner: Radiostar, Inc.)
  • WHMS-FM (97.5 FM; Champaign, IL; Owner: D.w.s., Inc.)
  • WXTT (99.1 FM; Oakwood, IL; Owner: Saga Communications Of Illinois, Llc)

TV Broadcast Stations Near Oakwood Village, Illinois

  • WICD (Channel 15; Fithian, IL; Owner: Wicd Licensee, Llc)
  • WCCU (Channel 27; Penfield, IL; Owner: Gocom Media Of Illinois, Llc)
  • 960723LB (Channel 68; Homer, IL; Owner: Pelican Broadcasting Company)

(updated 2008)



Occupations in Oakwood Village, Illinois

Male:


  • Management, Professional, And Related Occupations: 45  (11.6%)
  • Service Occupations: 51  (13.1%)
  • Sales And Office Occupations: 55  (14.2%)
  • Farming, Fishing, And Forestry Occupations 2  (0.5%)
  • Construction, Extraction, And Maintenance Occupations: 94  (24.2%)

Female:


  • Management, Professional, And Related Occupations: 88  (22.3%)
  • Service Occupations: 79  (20.0%)
  • Sales And Office Occupations: 163  (41.3%)
  • Farming, Fishing, And Forestry Occupations 0  (0.0%)
  • Construction, Extraction, And Maintenance Occupations: 2  (0.5%)


(updated 2010)





There are 28 Farms In Oakwood Village, Illinois


(updated 2008)



Banks In Oakwood Village, Illinois

United Community Bank - 1 Branches


    Bank Assets: $45.9k
    Industry Specialization: Agricultural
    Total Offices: 151

(updated 2014)







Airports Near Oakwood Village, Illinois

  • Vermillon County


    (about 11.2 miles in Bismarck, Illinois; Airport Code: DNV)

  • Vermilion Regional


    (about 11.3 miles in Bismarck, Illinois; Airport Code: DNV)

  • Rantoul National Aviation Center


    (about 23.0 miles in Rantoul, Illinois; Airport Code: II1)

  • University of Illinois/Willard


    (about 27.1 miles in Savoy, Illinois; Airport Code: CMI)

  • Purdue University


    (about 49.0 miles in Lafayette, Indiana; Airport Code: LAF)

  • Coles County Memorial


    (about 51.2 miles in Mattoon, Illinois; Airport Code: MTO)

  • Hulman Field


    (about 51.8 miles in Terre Haute, Indiana; Airport Code: HUF)

  • Terre Haute International-Hulman Field


    (about 52.0 miles in Terre Haute, Indiana; Airport Code: HUF)


(updated 2015)



Modes of Transportation in Oakwood Village, Illinois

Car, Truck, Or Van:

 

Drove Alone

84.38%

Carpooled

11.72%

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

1.56%

Other Means

0.26%

Worked At Home

2.08%



(updated 2010)





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