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Reed Township, Illinois Economic Analysis

   (County: Will County)

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Economic Analysis

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

12:00 A.M. TO 4:59 A.M.   : 243   (8.8%)
5:00 A.M. TO 5:29 A.M.   : 196   (7.1%)
5:30 A.M. TO 5:59 A.M.   : 280   (10.2%)
6:00 A.M. TO 6:29 A.M.   : 358   (13.0%)
6:30 A.M. TO 6:59 A.M.   : 161   (5.9%)
7:00 A.M. TO 7:29 A.M.   : 399   (14.5%)
7:30 A.M. TO 7:59 A.M.   : 153   (5.6%)
8:00 A.M. TO 8:29 A.M.   : 166   (6.0%)
8:30 A.M. TO 8:59 A.M.   : 37   (1.3%)
9:00 A.M. TO 9:59 A.M.   : 66   (2.4%)
10:00 A.M. TO 10:59 A.M.   : 28   (1.0%)
11:00 A.M. TO 11:59 A.M.   : 4   (0.1%)
12:00 P.M. TO 3:59 P.M.   : 347   (12.6%)
4:00 P.M. TO 11:59 P.M.   : 314   (11.4%)


(updated 2010)



Means Of Transportation
(Reed Township, Illinois)

Car, truck, or van:

Drove alone : 3,053

Carpooled:

In 2-person carpool : 220

In 3-person carpool : 68

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 : 19

Streetcar or trolley car (carro publico in Puerto Rico) : 0

Subway or elevated : 0

Railroad : 4

Ferryboat : 0

Taxicab : 0

Motorcycle : 0

Bicycle : 0

Walked : 50

Other means : 49

Worked at home : 32


(updated 2009)



Travel Time To Work
(Reed Township, Illinois)

Less than 5 minutes : 185

5 to 9 minutes : 307

10 to 14 minutes : 433

15 to 19 minutes : 349

20 to 24 minutes : 319

25 to 29 minutes : 158

30 to 34 minutes : 325

35 to 39 minutes : 215

40 to 44 minutes : 195

45 to 59 minutes : 359

60 to 89 minutes : 464

90 or more minutes : 154


(updated 2009)



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

With Social Security income : 667

No Social Security income : 2,098


(updated 2009)



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

With retirement income : 604

No retirement income : 2,161


(updated 2009)



Family Income (Annual)
(Reed Township, Illinois)

Less than $10,000 : 62

$10,000 to $14,999 : 59

$15,000 to $19,999 : 55

$20,000 to $24,999 : 121

$25,000 to $29,999 : 153

$30,000 to $34,999 : 39

$35,000 to $39,999 : 40

$40,000 to $44,999 : 37

$45,000 to $49,999 : 65

$50,000 to $59,999 : 125

$60,000 to $74,999 : 281

$75,000 to $99,999 : 437

$100,000 to $124,999 : 122

$125,000 to $149,999 : 179

$150,000 to $199,999 : 33

$200,000 or more : 37


(updated 2009)



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

Median family income in the past 12 months (in 2009 inflation-adjusted dollars) : $69,816


(updated 2009)



AM Radio Stations Near Reed Township, Illinois

  • WYLL (1160 AM; 50.0 kW; Joliet, IL; Owner: Sca License Corporation)
  • WKAN (1320 AM; 1.0 kW; Bradley, IL; Owner: Staradio)
  • WJOL (1340 AM; 1.0 kW; Joliet, IL; Owner: Nm Licensing Llc)
  • WWHN (1510 AM; 1.0 kW; Joliet, IL; Owner: Hawkins Broadcasting Company)
  • WCSJ (1550 AM; 0.25 kW; Morris, IL; Owner: Grundy County Broadcasters, Inc.)
  • WCPT (820 AM; 1.5 kW; Joliet, IL; Owner: Wypa, Inc.)
  • WLS (890 AM; 50.0 kW; Mokena, IL; Owner: Radio License Holding Xi, Llc)
  • WAUR (930 AM; 4.2 kW; Yorkville, IL; Owner: Starboard Media Foundation, Inc.)

FM Radio Stations Near Reed Township, Illinois

  • WRXQ (100.7 FM; Braidwood, IL; Owner: Nm Licensing Llc)
  • WCSJ-FM (103.1 FM; Carbon Hill, IL; Owner: Grundy County Broadcasters, Inc.)
  • WCFL (104.7 FM; Morris, IL; Owner: Illinois District Council Of Assembl)
  • WYKT (105.5 FM; Carbon Hill, IL; Owner: Staradio Corporation)
  • WLRA (88.1 FM; Homer Glen, IL; Owner: Lewis University)
  • WAWF (88.3 FM; Aroma Park, IL; Owner: Family Worship Center Church, Inc.)
  • NEW (88.5 FM; Minooka, IL; Owner: Ocean Side Broadcasting, Inc.)
  • WCSF (88.7 FM; Joliet, IL; Owner: College Of St. Francis)
  • WEGN (88.7 FM; Kankakee, IL; Owner: Cornerstone Community Radio, Inc.)
  • WSRI (88.7 FM; Bristol, IL; Owner: Educational Media Foundation)
  • WOTW (88.9 FM; Frankfort, IL; Owner: Life On The Way Communications, Inc.)
  • WOTW (88.9 FM; Monee, IL; Owner: Life On The Way Communications, Inc.)
  • NEW (89.3 FM; Morris, IL; Owner: Cultural Renewal Radio, Ua)
  • WONU (89.7 FM; Bradley, IL; Owner: Olivet Nazarene University)
  • WBEQ (90.7 FM; Mazon, IL; Owner: The Wbez Alliance, Inc.)
  • WKCC (91.1 FM; Bradley, IL; Owner: Kankakee Community College)
  • WKCC (91.1 FM; Bradley, IL; Owner: Kankakee Community College)
  • WJCH (91.9 FM; Channahon, IL; Owner: Family Stations, Inc.)
  • WJCH (91.9 FM; Joliet, IL; Owner: Family Stations, Inc.)
  • WKIF (92.7 FM; Bradley, IL; Owner: Wkif, Inc.)
  • WVIX (93.5 FM; Homer Glen, IL; Owner: Univision Radio License Corporation)
  • WVLI (95.1 FM; Aroma Park, IL; Owner: Milner Broadcasting Company)
  • WJDK-FM (95.7 FM; Verona, IL; Owner: Grundy County Broadcasters, Inc)
  • WKOT (96.5 FM; Grand Ridge, IL; Owner: La Salle County Broadcasting Corp.)
  • WSSR (96.7 FM; Joliet, IL; Owner: Nm Licensing Llc)
  • WSSR (96.7 FM; Homer Glen, IL; Owner: Nm Licensing Llc)
  • WCCQ (98.3 FM; Channahon, IL; Owner: Nm Licensing Llc)
  • WJEZ (98.9 FM; Dwight, IL; Owner: Regent Broadcasting Of Bloomington, Inc.)
  • WRZA (99.9 FM; Peotone, IL; Owner: Wclr, Inc.)

TV Broadcast Stations Near Reed Township, Illinois

  • 960920WE (Channel 54; Bradley, IL; Owner: On-line Public Ed. Network)
  • WJYS (Channel 62; Orland Hills, IL; Owner: Jovon Broadcasting Corporation)

(updated 2008)



Occupations in Reed Township, Illinois

Male:


  • Management, Professional, And Related Occupations: 245  (14.7%)
  • Service Occupations: 190  (11.4%)
  • Sales And Office Occupations: 168  (10.1%)
  • Farming, Fishing, And Forestry Occupations 0  (0.0%)
  • Construction, Extraction, And Maintenance Occupations: 531  (31.9%)

Female:


  • Management, Professional, And Related Occupations: 335  (27.5%)
  • Service Occupations: 319  (26.2%)
  • Sales And Office Occupations: 415  (34.1%)
  • Farming, Fishing, And Forestry Occupations 0  (0.0%)
  • Construction, Extraction, And Maintenance Occupations: 1  (0.1%)


(updated 2010)





There are 15 Farms In Reed Township, Illinois


(updated 2008)



Banks In Reed Township, Illinois

Centrue Bank - 1 Branches


    Bank Assets: $867.9k
    Industry Specialization: Commercial Lending
    Total Offices: 26

U.s. Bank National Association - 1 Branches


    Bank Assets: $384.1m
    Industry Specialization: Commercial Lending
    Total Offices: 3,238

Mazon State Bank - 1 Branches


    Bank Assets: $87.4k
    Industry Specialization: Other < $1 Billion
    Total Offices: 3

(updated 2014)







Airports Near Reed Township, Illinois

  • Greater Kankakee


    (about 23.2 miles in Aroma Park, Illinois; Airport Code: IKK)

  • Lewis University


    (about 25.2 miles in Homer Glen, Illinois; Airport Code: II2)

  • Lewis University


    (about 25.2 miles in Homer Glen, Illinois; Airport Code: LOT)

  • Lowell Airport


    (about 37.1 miles in Schneider, Indiana; Airport Code: RQL)

  • Aurora Municipal


    (about 37.9 miles in Sugar Grove, Illinois; Airport Code: AUZ)

  • Chicago Midway International


    (about 43.9 miles in Bedford Park, Illinois; Airport Code: MDW)

  • Du Page County


    (about 45.6 miles in Northwoods, Illinois; Airport Code: DPA)

  • Gary/Chicago International


    (about 48.7 miles in Gary, Indiana; Airport Code: GYY)

  • Illinois Valley Regional


    (about 48.8 miles in Peru, Illinois; Airport Code: VYS)

  • Chicago Metropolitan Area


    (about 49.0 miles in Chicago, Illinois; Airport Code: CHI)


(updated 2015)



Modes of Transportation in Reed Township, Illinois

Car, Truck, Or Van:

 

Drove Alone

88.11%

Carpooled

8.58%

Public Transportation:

 

Bus Or Trolley Bus

0.04%

Streetcar Or Trolley Car

0.0%

Subway Or Elevated

0.0%

Railroad

0.25%

Ferryboat

0.0%

Taxicab

0.0%

Motorcycle

0.0%

Bicycle

0.36%

Walked

0.90%

Other Means

0.57%

Worked At Home

1.18%



(updated 2010)





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