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Paxton City, Illinois Economic Analysis

   (County: Ford County)

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Economic Analysis

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

12:00 A.M. TO 4:59 A.M.   : 109   (5.2%)
5:00 A.M. TO 5:29 A.M.   : 103   (4.9%)
5:30 A.M. TO 5:59 A.M.   : 135   (6.4%)
6:00 A.M. TO 6:29 A.M.   : 222   (10.6%)
6:30 A.M. TO 6:59 A.M.   : 235   (11.2%)
7:00 A.M. TO 7:29 A.M.   : 277   (13.2%)
7:30 A.M. TO 7:59 A.M.   : 345   (16.5%)
8:00 A.M. TO 8:29 A.M.   : 118   (5.6%)
8:30 A.M. TO 8:59 A.M.   : 78   (3.7%)
9:00 A.M. TO 9:59 A.M.   : 68   (3.2%)
10:00 A.M. TO 10:59 A.M.   : 29   (1.4%)
11:00 A.M. TO 11:59 A.M.   : 7   (0.3%)
12:00 P.M. TO 3:59 P.M.   : 205   (9.8%)
4:00 P.M. TO 11:59 P.M.   : 164   (7.8%)


(updated 2010)



Means Of Transportation
(Paxton City, Illinois)

Car, truck, or van:

Drove alone : 1,422

Carpooled:

In 2-person carpool : 317

In 3-person carpool : 0

In 4-person carpool : 27

In 5- or 6-person carpool : 6

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 : 11

Walked : 39

Other means : 8

Worked at home : 70


(updated 2009)



Travel Time To Work
(Paxton City, Illinois)

Less than 5 minutes : 239

5 to 9 minutes : 408

10 to 14 minutes : 172

15 to 19 minutes : 173

20 to 24 minutes : 159

25 to 29 minutes : 124

30 to 34 minutes : 310

35 to 39 minutes : 89

40 to 44 minutes : 45

45 to 59 minutes : 54

60 to 89 minutes : 32

90 or more minutes : 25


(updated 2009)



Social Security Income In The Past 12 Months For Households
(Paxton City, Illinois)

With Social Security income : 508

No Social Security income : 1,129


(updated 2009)



Retirement Income In The Past 12 Months For Households
(Paxton City, Illinois)

With retirement income : 288

No retirement income : 1,349


(updated 2009)



Family Income (Annual)
(Paxton City, Illinois)

Less than $10,000 : 41

$10,000 to $14,999 : 41

$15,000 to $19,999 : 18

$20,000 to $24,999 : 22

$25,000 to $29,999 : 50

$30,000 to $34,999 : 69

$35,000 to $39,999 : 102

$40,000 to $44,999 : 62

$45,000 to $49,999 : 72

$50,000 to $59,999 : 32

$60,000 to $74,999 : 186

$75,000 to $99,999 : 168

$100,000 to $124,999 : 92

$125,000 to $149,999 : 41

$150,000 to $199,999 : 36

$200,000 or more : 0


(updated 2009)



Median Family Income (Annual)
(Paxton City, Illinois)

Median family income in the past 12 months (in 2009 inflation-adjusted dollars) : $60,350


(updated 2009)



AM Radio Stations Near Paxton City, Illinois

  • WGFA (1360 AM; 1.0 kW; Watseka, IL; Owner: Iroquois County Broadcasting Company)
  • 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 Paxton City, Illinois

  • WHPO (100.9 FM; Hoopeston, IL; Owner: Market Street Broadcasting, Llc)
  • WDNL (102.1 FM; Danville, IL; Owner: Neuhoff Broadcasting - Danville, Inc)
  • WGNN (102.5 FM; Foosland, IL; Owner: Good News Radio, Inc.)
  • WKZS (103.3 FM; Saint Joseph, IL; Owner: Benton-weatherford Broadcasting , Inc., Of In.)
  • WFAV (103.7 FM; Crescent City, IL; Owner: Milner Broadcasting Company)
  • WPXN (104.9 FM; Paxton, IL; Owner: Paxton Broadcasting Corporation)
  • WGKC (105.9 FM; Mahomet, IL; Owner: Radiostar, Inc.)
  • WGCY (106.3 FM; Sibley, IL; Owner: F & G Broadcasting, Inc.)
  • WPGU (107.1 FM; Champaign, IL; Owner: Illini Media Company)
  • WPJC (88.3 FM; Fairbury, IL; Owner: Csn International)
  • WPCD (88.7 FM; Mahomet, IL; Owner: Parkland College)
  • NEW (88.9 FM; Woodland, IL; Owner: Good News Radio, Inc.)
  • WGNJ (89.3 FM; Fithian, IL; Owner: Good News Radio, Inc.)
  • NEW (89.5 FM; Saybrook, IL; Owner: 2820 Communications Incorporated)
  • WEFT (90.1 FM; Champaign, IL; Owner: Weft/prairie Air, Inc.)
  • NEW (90.5 FM; Thawville, IL; Owner: California Association For Research And Education Inc.)
  • WJCZ (91.3 FM; Buckley, IL; Owner: Csn International)
  • WBGL (91.7 FM; Saint Joseph, IL; Owner: Illinois Bible Institute, Inc)
  • WGFA-FM (94.1 FM; Watseka, IL; Owner: Iroquois County Broadcasting Company)
  • WLRW (94.5 FM; Champaign, IL; Owner: Saga Communications Of Illinois, Llc)
  • WLFH (95.3 FM; Thomasboro, IL; Owner: Radiostar, Inc.)
  • WMLF (95.9 FM; Watseka, IL; Owner: Radioactive, Llc)
  • WQQB (96.1 FM; Mahomet, IL; Owner: Radiostar, Inc.)
  • WHMS-FM (97.5 FM; Champaign, IL; Owner: D.w.s., Inc.)
  • WWHP (98.3 FM; Arrowsmith, IL; Owner: Wms1, Inc.)
  • WWHP (98.3 FM; Bellflower, IL; Owner: Wms1, Inc.)
  • WXTT (99.1 FM; Oakwood, IL; Owner: Saga Communications Of Illinois, Llc)

TV Broadcast Stations Near Paxton City, Illinois

  • WICD (Channel 15; Fithian, IL; Owner: Wicd Licensee, Llc)
  • WCCU (Channel 27; Penfield, IL; Owner: Gocom Media Of Illinois, Llc)
  • WCIA (Channel 3; Seymour, IL; Owner: Nexstar Broadcasting, Inc.)

(updated 2008)



Occupations in Paxton City, Illinois

Male:


  • Management, Professional, And Related Occupations: 202  (18.3%)
  • Service Occupations: 115  (10.4%)
  • Sales And Office Occupations: 157  (14.2%)
  • Farming, Fishing, And Forestry Occupations 7  (0.6%)
  • Construction, Extraction, And Maintenance Occupations: 204  (18.5%)

Female:


  • Management, Professional, And Related Occupations: 245  (22.9%)
  • Service Occupations: 230  (21.5%)
  • Sales And Office Occupations: 407  (38.0%)
  • Farming, Fishing, And Forestry Occupations 6  (0.6%)
  • Construction, Extraction, And Maintenance Occupations: 4  (0.4%)


(updated 2010)





There are 158 Farms In Paxton City, Illinois


(updated 2008)



Banks In Paxton City, Illinois

First National Bank In Paxton - 2 Branches


    Bank Assets: $161.8k
    Industry Specialization: Agricultural
    Total Offices: 2

Farmers-merchants National Bank Of Paxton - 1 Branches


    Bank Assets: $115.3k
    Industry Specialization: Other < $1 Billion
    Total Offices: 3

Busey Bank - 1 Branches


    Bank Assets: $3.4m
    Industry Specialization: Commercial Lending
    Total Offices: 42

(updated 2014)







Airports Near Paxton City, Illinois

  • Rantoul National Aviation Center


    (about 11.7 miles in Rantoul, Illinois; Airport Code: II1)

  • University of Illinois/Willard


    (about 30.5 miles in Savoy, Illinois; Airport Code: CMI)

  • Vermilion Regional


    (about 31.8 miles in Bismarck, Illinois; Airport Code: DNV)

  • Vermillon County


    (about 31.9 miles in Bismarck, Illinois; Airport Code: DNV)

  • Central Illinois Regional


    (about 43.7 miles in Bloomington, Illinois; Airport Code: BMI)

  • Greater Kankakee


    (about 44.3 miles in Aroma Park, Illinois; Airport Code: IKK)

  • Decatur Airport


    (about 59.4 miles in Decatur, Illinois; Airport Code: DEC)


(updated 2015)



Modes of Transportation in Paxton City, Illinois

Car, Truck, Or Van:

 

Drove Alone

83.71%

Carpooled

11.27%

Public Transportation:

 

Bus Or Trolley Bus

0.42%

Streetcar Or Trolley Car

0.0%

Subway Or Elevated

0.0%

Railroad

0.0%

Ferryboat

0.0%

Taxicab

0.0%

Motorcycle

0.0%

Bicycle

0.23%

Walked

1.22%

Other Means

1.50%

Worked At Home

1.64%



(updated 2010)





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