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Payson Village, Illinois Economic Analysis

   (County: Adams County)

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Economic Analysis

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

12:00 A.M. TO 4:59 A.M.   : 16   (3.3%)
5:00 A.M. TO 5:29 A.M.   : 21   (4.3%)
5:30 A.M. TO 5:59 A.M.   : 35   (7.2%)
6:00 A.M. TO 6:29 A.M.   : 41   (8.4%)
6:30 A.M. TO 6:59 A.M.   : 48   (9.8%)
7:00 A.M. TO 7:29 A.M.   : 94   (19.3%)
7:30 A.M. TO 7:59 A.M.   : 87   (17.8%)
8:00 A.M. TO 8:29 A.M.   : 24   (4.9%)
8:30 A.M. TO 8:59 A.M.   : 16   (3.3%)
9:00 A.M. TO 9:59 A.M.   : 10   (2.0%)
10:00 A.M. TO 10:59 A.M.   : 7   (1.4%)
11:00 A.M. TO 11:59 A.M.   : 3   (0.6%)
12:00 P.M. TO 3:59 P.M.   : 44   (9.0%)
4:00 P.M. TO 11:59 P.M.   : 42   (8.6%)


(updated 2010)



Means Of Transportation
(Payson Village, Illinois)

Car, truck, or van:

Drove alone : 387

Carpooled:

In 2-person carpool : 61

In 3-person carpool : 2

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 : 3

Worked at home : 38


(updated 2009)



Travel Time To Work
(Payson Village, Illinois)

Less than 5 minutes : 14

5 to 9 minutes : 5

10 to 14 minutes : 10

15 to 19 minutes : 71

20 to 24 minutes : 129

25 to 29 minutes : 91

30 to 34 minutes : 89

35 to 39 minutes : 3

40 to 44 minutes : 3

45 to 59 minutes : 13

60 to 89 minutes : 16

90 or more minutes : 9


(updated 2009)



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

With Social Security income : 123

No Social Security income : 262


(updated 2009)



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

With retirement income : 72

No retirement income : 313


(updated 2009)



Family Income (Annual)
(Payson Village, Illinois)

Less than $10,000 : 4

$10,000 to $14,999 : 16

$15,000 to $19,999 : 27

$20,000 to $24,999 : 14

$25,000 to $29,999 : 12

$30,000 to $34,999 : 17

$35,000 to $39,999 : 11

$40,000 to $44,999 : 32

$45,000 to $49,999 : 23

$50,000 to $59,999 : 41

$60,000 to $74,999 : 50

$75,000 to $99,999 : 44

$100,000 to $124,999 : 0

$125,000 to $149,999 : 0

$150,000 to $199,999 : 3

$200,000 or more : 0


(updated 2009)



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

Median family income in the past 12 months (in 2009 inflation-adjusted dollars) : $48,393


(updated 2009)



AM Radio Stations Near Payson Village, Illinois

  • KHMO (1070 AM; 5.0 kW; Saverton, MO; Owner: Double O Missouri Corporation)
  • WGEM (1440 AM; 5.0 kW; Quincy, IL; Owner: Quincy Broadcasting Company)

FM Radio Stations Near Payson Village, Illinois

  • KJFM (102.1 FM; Louisiana, MO; Owner: Foxfire Communications, Inc.)
  • KKAC (104.3 FM; New London, MO; Owner: Twenty-one Sound Communications, Inc.)
  • WGEM-FM (105.1 FM; Quincy, IL; Owner: Quincy Newspapers, Inc.)
  • KZZK (105.9 FM; Hannibal, MO; Owner: Staradio Corporation)
  • WPWQ (106.7 FM; Clayton, IL; Owner: Wpw Broadcasting, Inc.)
  • WGCA-FM (88.5 FM; Quincy, IL; Owner: Great Commission Broadcasting Corporation)
  • WQUB (90.3 FM; Quincy, IL; Owner: Quincy University Corporation)
  • NEW (90.9 FM; New Canton, IL; Owner: Cornerstone Community Radio, Inc.)
  • NEW (91.1 FM; Quincy, IL; Owner: Quincy Not For Profit Jazz Corporation)
  • KJIR (91.7 FM; Hannibal, MO; Owner: Believers Broadcasting Corporation)
  • KGRC (92.9 FM; Hannibal, MO; Owner: Staradio Corporation)
  • KICK-FM (97.9 FM; Palmyra, MO; Owner: Double O Missouri Corporation)

TV Broadcast Stations Near Payson Village, Illinois

  • WGEM-TV (Channel 10; Quincy, IL; Owner: Quincy Broadcasting Company)
  • WTJR (Channel 16; Quincy, IL; Owner: Christian Television Network, Inc.)
  • WQEC (Channel 27; Quincy, IL; Owner: West Central Illinois Educational Telecommunications Corp.)
  • KHQA-TV (Channel 7; Quincy, IL; Owner: Barrington Quincy License Llc)

(updated 2008)



Occupations in Payson Village, Illinois

Male:


  • Management, Professional, And Related Occupations: 40  (14.5%)
  • Service Occupations: 34  (12.3%)
  • Sales And Office Occupations: 42  (15.2%)
  • Farming, Fishing, And Forestry Occupations 7  (2.5%)
  • Construction, Extraction, And Maintenance Occupations: 54  (19.6%)

Female:


  • Management, Professional, And Related Occupations: 79  (33.1%)
  • Service Occupations: 47  (19.7%)
  • Sales And Office Occupations: 89  (37.2%)
  • Farming, Fishing, And Forestry Occupations 0  (0.0%)
  • Construction, Extraction, And Maintenance Occupations: 2  (0.8%)


(updated 2010)





There are 53 Farms In Payson Village, Illinois


(updated 2008)



Banks In Payson Village, Illinois

The Farmers Bank Of Liberty - 1 Branches


    Bank Assets: $88.1k
    Industry Specialization: Agricultural
    Total Offices: 4

State Street Bank And Trust Company - 1 Branches


    Bank Assets: $190.6k
    Industry Specialization: All Other < $1 Billion
    Total Offices: 5

(updated 2014)







Airports Near Payson Village, Illinois

  • Quincy Regional-Baldwin Field


    (about 9.1 miles in Fowler, Illinois; Airport Code: UIN)

  • Keokuk Municipal


    (about 45.5 miles in Keokuk, Iowa; Airport Code: EOK)

  • Jacksonville Municipal


    (about 53.5 miles in Arcadia, Illinois; Airport Code: IJX)

  • Macomb Municipal


    (about 57.7 miles in Macomb, Illinois; Airport Code: MQB)

  • Fort Madison Municipal


    (about 58.4 miles in Fort Madison, Iowa; Airport Code: FMS)


(updated 2015)



Modes of Transportation in Payson Village, Illinois

Car, Truck, Or Van:

 

Drove Alone

85.51%

Carpooled

12.27%

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

0.40%

Other Means

0.0%

Worked At Home

1.81%



(updated 2010)





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