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Ridge Farm 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 Ridge Farm 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 Ridge Farm Village, Illinois

12:00 A.M. TO 4:59 A.M.   : 16   (4.6%)
5:00 A.M. TO 5:29 A.M.   : 7   (2.0%)
5:30 A.M. TO 5:59 A.M.   : 26   (7.4%)
6:00 A.M. TO 6:29 A.M.   : 51   (14.6%)
6:30 A.M. TO 6:59 A.M.   : 53   (15.1%)
7:00 A.M. TO 7:29 A.M.   : 66   (18.9%)
7:30 A.M. TO 7:59 A.M.   : 33   (9.4%)
8:00 A.M. TO 8:29 A.M.   : 21   (6.0%)
8:30 A.M. TO 8:59 A.M.   : 3   (0.9%)
9:00 A.M. TO 9:59 A.M.   : 6   (1.7%)
10:00 A.M. TO 10:59 A.M.   : 2   (0.6%)
11:00 A.M. TO 11:59 A.M.   : 1   (0.3%)
12:00 P.M. TO 3:59 P.M.   : 38   (10.9%)
4:00 P.M. TO 11:59 P.M.   : 27   (7.7%)


(updated 2010)



Means Of Transportation
(Ridge Farm Village, Illinois)

Car, truck, or van:

Drove alone : 353

Carpooled:

In 2-person carpool : 12

In 3-person carpool : 0

In 4-person carpool : 0

In 5- or 6-person carpool : 0

In 7-or-more-person carpool : 3

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 : 5

Motorcycle : 0

Bicycle : 0

Walked : 12

Other means : 0

Worked at home : 7


(updated 2009)



Travel Time To Work
(Ridge Farm Village, Illinois)

Less than 5 minutes : 23

5 to 9 minutes : 53

10 to 14 minutes : 16

15 to 19 minutes : 35

20 to 24 minutes : 28

25 to 29 minutes : 38

30 to 34 minutes : 75

35 to 39 minutes : 28

40 to 44 minutes : 7

45 to 59 minutes : 62

60 to 89 minutes : 18

90 or more minutes : 2


(updated 2009)



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

With Social Security income : 110

No Social Security income : 271


(updated 2009)



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

With retirement income : 84

No retirement income : 297


(updated 2009)



Family Income (Annual)
(Ridge Farm Village, Illinois)

Less than $10,000 : 24

$10,000 to $14,999 : 14

$15,000 to $19,999 : 11

$20,000 to $24,999 : 5

$25,000 to $29,999 : 19

$30,000 to $34,999 : 19

$35,000 to $39,999 : 5

$40,000 to $44,999 : 11

$45,000 to $49,999 : 21

$50,000 to $59,999 : 23

$60,000 to $74,999 : 40

$75,000 to $99,999 : 49

$100,000 to $124,999 : 8

$125,000 to $149,999 : 0

$150,000 to $199,999 : 0

$200,000 or more : 0


(updated 2009)



Median Family Income (Annual)
(Ridge Farm Village, Illinois)

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


(updated 2009)



AM Radio Stations Near Ridge Farm Village, Illinois

  • WPRS (1440 AM; 1.0 kW; Paris, IL; Owner: Midwest Communications, Inc.)
  • WDAN (1490 AM; 1.0 kW; Danville, IL; Owner: Neuhoff Family Limited Partnership)
  • WITY (980 AM; 1.0 kW; Danville, IL; Owner: Vermilion Broadcasting Corporation)

FM Radio Stations Near Ridge Farm Village, Illinois

  • WIXY (100.3 FM; Philo, IL; Owner: Saga Communications Of Illinois, 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.)
  • WAXI (104.9 FM; Mecca, IN; Owner: Crossroads Investments, Llc)
  • 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)
  • WGNJ (89.3 FM; Fithian, IL; Owner: Good News Radio, 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.)
  • WPFR-FM (93.7 FM; New Goshen, IN; Owner: Word Power, Inc.)
  • WPFR-FM (93.9 FM; New Goshen, IN; Owner: Word Power, Inc.)
  • WRHK (94.9 FM; State Line, IN; Owner: Neuhoff)
  • WINH (98.5 FM; Paris, IL; Owner: Midwest Communications, Inc.)
  • WXTT (99.1 FM; Oakwood, IL; Owner: Saga Communications Of Illinois, Llc)

TV Broadcast Stations Near Ridge Farm Village, Illinois

  • WICD (Channel 15; Fithian, IL; Owner: Wicd Licensee, Llc)
  • 960723LB (Channel 68; Homer, IL; Owner: Pelican Broadcasting Company)

(updated 2008)



Occupations in Ridge Farm Village, Illinois

Male:


  • Management, Professional, And Related Occupations: 18  (9.7%)
  • Service Occupations: 21  (11.3%)
  • Sales And Office Occupations: 18  (9.7%)
  • Farming, Fishing, And Forestry Occupations 0  (0.0%)
  • Construction, Extraction, And Maintenance Occupations: 55  (29.6%)

Female:


  • Management, Professional, And Related Occupations: 43  (24.7%)
  • Service Occupations: 50  (28.7%)
  • Sales And Office Occupations: 56  (32.2%)
  • Farming, Fishing, And Forestry Occupations 0  (0.0%)
  • Construction, Extraction, And Maintenance Occupations: 4  (2.3%)


(updated 2010)





There are 28 Farms In Ridge Farm Village, Illinois


(updated 2008)



Banks In Ridge Farm Village, Illinois

First Financial Bank, National Association - 1 Branches


    Bank Assets: $2.9m
    Industry Specialization: Commercial Lending
    Total Offices: 241

(updated 2014)







Airports Near Ridge Farm Village, Illinois

  • Vermillon County


    (about 21.0 miles in Bismarck, Illinois; Airport Code: DNV)

  • Vermilion Regional


    (about 21.1 miles in Bismarck, Illinois; Airport Code: DNV)

  • University of Illinois/Willard


    (about 34.6 miles in Savoy, Illinois; Airport Code: CMI)

  • Hulman Field


    (about 35.7 miles in Terre Haute, Indiana; Airport Code: HUF)

  • Terre Haute International-Hulman Field


    (about 35.8 miles in Terre Haute, Indiana; Airport Code: HUF)

  • Rantoul National Aviation Center


    (about 37.7 miles in Rantoul, Illinois; Airport Code: II1)

  • Coles County Memorial


    (about 44.1 miles in Mattoon, Illinois; Airport Code: MTO)

  • Purdue University


    (about 52.0 miles in Lafayette, Indiana; Airport Code: LAF)


(updated 2015)



Modes of Transportation in Ridge Farm Village, Illinois

Car, Truck, Or Van:

 

Drove Alone

86.80%

Carpooled

8.15%

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

0.84%

Walked

1.12%

Other Means

1.40%

Worked At Home

1.69%



(updated 2010)





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