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Panola Township, Illinois Economic Analysis

   (County: Woodford County)

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Economic Analysis

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

12:00 A.M. TO 4:59 A.M.   : 5   (3.7%)
5:00 A.M. TO 5:29 A.M.   : 5   (3.7%)
5:30 A.M. TO 5:59 A.M.   : 2   (1.5%)
6:00 A.M. TO 6:29 A.M.   : 0   (0.0%)
6:30 A.M. TO 6:59 A.M.   : 28   (20.9%)
7:00 A.M. TO 7:29 A.M.   : 0   (0.0%)
7:30 A.M. TO 7:59 A.M.   : 50   (37.3%)
8:00 A.M. TO 8:29 A.M.   : 10   (7.5%)
8:30 A.M. TO 8:59 A.M.   : 0   (0.0%)
9:00 A.M. TO 9:59 A.M.   : 13   (9.7%)
10:00 A.M. TO 10:59 A.M.   : 0   (0.0%)
11:00 A.M. TO 11:59 A.M.   : 4   (3.0%)
12:00 P.M. TO 3:59 P.M.   : 4   (3.0%)
4:00 P.M. TO 11:59 P.M.   : 13   (9.7%)


(updated 2010)



Means Of Transportation
(Panola Township, Illinois)

Car, truck, or van:

Drove alone : 79

Carpooled:

In 2-person carpool : 9

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 : 0

Worked at home : 22


(updated 2009)



Travel Time To Work
(Panola Township, Illinois)

Less than 5 minutes : 5

5 to 9 minutes : 0

10 to 14 minutes : 28

15 to 19 minutes : 0

20 to 24 minutes : 0

25 to 29 minutes : 15

30 to 34 minutes : 3

35 to 39 minutes : 20

40 to 44 minutes : 0

45 to 59 minutes : 11

60 to 89 minutes : 6

90 or more minutes : 0


(updated 2009)



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

With Social Security income : 14

No Social Security income : 56


(updated 2009)



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

With retirement income : 6

No retirement income : 64


(updated 2009)



Family Income (Annual)
(Panola Township, Illinois)

Less than $10,000 : 0

$10,000 to $14,999 : 0

$15,000 to $19,999 : 0

$20,000 to $24,999 : 0

$25,000 to $29,999 : 0

$30,000 to $34,999 : 2

$35,000 to $39,999 : 0

$40,000 to $44,999 : 0

$45,000 to $49,999 : 0

$50,000 to $59,999 : 0

$60,000 to $74,999 : 10

$75,000 to $99,999 : 16

$100,000 to $124,999 : 0

$125,000 to $149,999 : 0

$150,000 to $199,999 : 24

$200,000 or more : 0


(updated 2009)



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

Median family income in the past 12 months (in 2009 inflation-adjusted dollars) : $97,045


(updated 2009)



AM Radio Stations Near Panola Township, Illinois

  • WPEO (1020 AM; 1.0 kW; Bayview Gardens, IL; Owner: Pinebrook Foundation, Inc.)
  • WJBC (1230 AM; 1.0 kW; Bloomington, IL; Owner: Regent Broadcasting Of Bloomington, Inc.)
  • WSPL (1250 AM; 0.5 kW; Streator, IL; Owner: Mendota Broadcasting, Inc.)

FM Radio Stations Near Panola Township, Illinois

  • WRVY-FM (100.5 FM; Lacon, IL; Owner: Wzoe, Inc)
  • WVMG (100.7 FM; Bloomington, IL; Owner: Connoisseur Media, Llc)
  • WBNQ (101.5 FM; Bloomington, IL; Owner: Regent Broadcasting Of Bloomington, Inc.)
  • WDQX (102.3 FM; Morton, IL; Owner: Monterey Licenses, Llc)
  • WBWN (104.1 FM; Bloomington, IL; Owner: Regent Broadcasting Of Bloomington, Inc.)
  • WBWN (104.1 FM; Bloomington, IL; Owner: Regent Broadcasting Of Bloomington, Inc.)
  • 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)
  • WYST (107.7 FM; Lexington, IL; Owner: Pilot Media, Llc)
  • WYST (107.7 FM; Lexington, IL; Owner: Pilot Media, Llc)
  • WESN (88.1 FM; Bloomington, IL; Owner: Illinois Wesleyan University)
  • WPJC (88.3 FM; Fairbury, IL; Owner: Csn International)
  • WPJC (88.3 FM; Pontiac, IL; Owner: Csn International)
  • WGLT (89.1 FM; Bloomington, IL; Owner: Illinois State University)
  • WJWR (90.3 FM; Gridley, IL; Owner: Bloomington Normal Broadcasting Corporation)
  • WZPW (92.3 FM; Peoria, IL; Owner: B&g Broadcasting, Inc.)
  • WRPW (92.9 FM; Cooksville, IL; Owner: Pilot Media, Llc)
  • WPBG (93.3 FM; Peoria, IL; Owner: Monterey Licenses, Llc)
  • WTRX-FM (93.7 FM; Chenoa, IL; Owner: Regent Broadcasting Of Bloomington, Inc.)
  • WPMJ (94.3 FM; Rome, IL; Owner: Kelly Communications, Inc.)
  • WIHN (96.7 FM; Bloomington, IL; Owner: Connoisseur Media Of Bloomington, Llc)
  • WSTQ (97.7 FM; Streator, IL; Owner: Mendota Broadcasting, Inc.)
  • WBBE (97.9 FM; Bloomington, IL; Owner: Connoisseur Media, Llc)
  • WWHP (98.3 FM; Arrowsmith, IL; Owner: Wms1, Inc.)
  • WPIA (98.5 FM; Washington, IL; Owner: Im Il Licenses, Llc)
  • WDQZ (99.5 FM; Towanda, IL; Owner: Pilot Media, Llc)

TV Broadcast Stations Near Panola Township, Illinois

  • WMBD-TV (Channel 31; Peoria, IL; Owner: Nexstar Broadcasting, Inc.)
  • WYZZ-TV (Channel 43; Congerville, IL; Owner: Wyzz Licensee, Inc.)
  • WAOE (Channel 59; Peoria, IL; Owner: Four Seasons Peoria, Llc)

(updated 2008)



Occupations in Panola Township, Illinois

Male:


  • Management, Professional, And Related Occupations: 51  (48.1%)
  • Service Occupations: 9  (8.5%)
  • Sales And Office Occupations: 5  (4.7%)
  • Farming, Fishing, And Forestry Occupations 10  (9.4%)
  • Construction, Extraction, And Maintenance Occupations: 15  (14.2%)

Female:


  • Management, Professional, And Related Occupations: 25  (41.7%)
  • Service Occupations: 4  (6.7%)
  • Sales And Office Occupations: 27  (45.0%)
  • Farming, Fishing, And Forestry Occupations 4  (6.7%)
  • Construction, Extraction, And Maintenance Occupations: 0  (0.0%)


(updated 2010)





There are 117 Farms In Panola Township, Illinois


(updated 2008)



Banks In Panola Township, Illinois

Heartland Bank And Trust Company - 2 Branches


    Bank Assets: $5m
    Industry Specialization: Commercial Lending
    Total Offices: 58

Flanagan State Bank - 1 Branches


    Bank Assets: $167.9k
    Industry Specialization: Agricultural
    Total Offices: 6

(updated 2014)







Airports Near Panola Township, Illinois

  • Central Illinois Regional


    (about 22.2 miles in Bloomington, Illinois; Airport Code: BMI)

  • Greater Peoria


    (about 37.4 miles in Peoria, Illinois; Airport Code: PIA)

  • General Downing - Peoria International


    (about 37.4 miles in Peoria, Illinois; Airport Code: PIA)

  • Illinois Valley Regional


    (about 39.1 miles in Peru, Illinois; Airport Code: VYS)

  • Logan County


    (about 47.7 miles in Lincoln, Illinois; Airport Code: II4)

  • Rantoul National Aviation Center


    (about 56.8 miles in Rantoul, Illinois; Airport Code: II1)


(updated 2015)



Modes of Transportation in Panola Township, Illinois

Car, Truck, Or Van:

 

Drove Alone

62.65%

Carpooled

4.22%

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

13.86%

Other Means

0.0%

Worked At Home

19.28%



(updated 2010)





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