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Watseka City, Illinois Economic Analysis

   (County: Iroquois County)

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Economic Analysis

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

12:00 A.M. TO 4:59 A.M.   : 131   (5.3%)
5:00 A.M. TO 5:29 A.M.   : 61   (2.5%)
5:30 A.M. TO 5:59 A.M.   : 217   (8.8%)
6:00 A.M. TO 6:29 A.M.   : 110   (4.5%)
6:30 A.M. TO 6:59 A.M.   : 342   (13.9%)
7:00 A.M. TO 7:29 A.M.   : 257   (10.5%)
7:30 A.M. TO 7:59 A.M.   : 289   (11.8%)
8:00 A.M. TO 8:29 A.M.   : 247   (10.1%)
8:30 A.M. TO 8:59 A.M.   : 138   (5.6%)
9:00 A.M. TO 9:59 A.M.   : 124   (5.0%)
10:00 A.M. TO 10:59 A.M.   : 28   (1.1%)
11:00 A.M. TO 11:59 A.M.   : 40   (1.6%)
12:00 P.M. TO 3:59 P.M.   : 201   (8.2%)
4:00 P.M. TO 11:59 P.M.   : 271   (11.0%)


(updated 2010)



Means Of Transportation
(Watseka City, Illinois)

Car, truck, or van:

Drove alone : 2,002

Carpooled:

In 2-person carpool : 280

In 3-person carpool : 7

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 : 20

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

Subway or elevated : 0

Railroad : 0

Ferryboat : 0

Taxicab : 0

Motorcycle : 0

Bicycle : 28

Walked : 63

Other means : 0

Worked at home : 76


(updated 2009)



Travel Time To Work
(Watseka City, Illinois)

Less than 5 minutes : 312

5 to 9 minutes : 788

10 to 14 minutes : 435

15 to 19 minutes : 91

20 to 24 minutes : 143

25 to 29 minutes : 42

30 to 34 minutes : 93

35 to 39 minutes : 34

40 to 44 minutes : 32

45 to 59 minutes : 206

60 to 89 minutes : 68

90 or more minutes : 156


(updated 2009)



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

With Social Security income : 766

No Social Security income : 1,514


(updated 2009)



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

With retirement income : 358

No retirement income : 1,922


(updated 2009)



Family Income (Annual)
(Watseka City, Illinois)

Less than $10,000 : 132

$10,000 to $14,999 : 67

$15,000 to $19,999 : 87

$20,000 to $24,999 : 93

$25,000 to $29,999 : 60

$30,000 to $34,999 : 59

$35,000 to $39,999 : 106

$40,000 to $44,999 : 133

$45,000 to $49,999 : 53

$50,000 to $59,999 : 166

$60,000 to $74,999 : 123

$75,000 to $99,999 : 196

$100,000 to $124,999 : 78

$125,000 to $149,999 : 43

$150,000 to $199,999 : 29

$200,000 or more : 0


(updated 2009)



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

Median family income in the past 12 months (in 2009 inflation-adjusted dollars) : $44,086


(updated 2009)



AM Radio Stations Near Watseka City, Illinois

  • WKAN (1320 AM; 1.0 kW; Bradley, IL; Owner: Staradio)
  • WGFA (1360 AM; 1.0 kW; Watseka, IL; Owner: Iroquois County Broadcasting Company)

FM Radio Stations Near Watseka City, Illinois

  • WHPO (100.9 FM; Hoopeston, IL; Owner: Market Street Broadcasting, Llc)
  • WIVR (101.7 FM; Donovan, IL; Owner: Milner Broadcasting Enterprises, Llc)
  • WFAV (103.7 FM; Crescent City, IL; Owner: Milner Broadcasting Company)
  • WPXN (104.9 FM; Paxton, IL; Owner: Paxton Broadcasting Corporation)
  • WXNU (106.5 FM; Saint Anne, IL; Owner: Staradio Corporation)
  • WAWF (88.3 FM; Aroma Park, IL; Owner: Family Worship Center Church, Inc.)
  • WEGN (88.7 FM; Kankakee, IL; Owner: Cornerstone Community Radio, Inc.)
  • NEW (88.9 FM; Woodland, IL; Owner: Good News Radio, Inc.)
  • WONU (89.7 FM; Bradley, IL; Owner: Olivet Nazarene University)
  • NEW (90.5 FM; Thawville, IL; Owner: California Association For Research And Education Inc.)
  • WKCC (91.1 FM; Bradley, IL; Owner: Kankakee Community College)
  • WKCC (91.1 FM; Bradley, IL; Owner: Kankakee Community College)
  • WJCZ (91.3 FM; Buckley, IL; Owner: Csn International)
  • WKIF (92.7 FM; Bradley, IL; Owner: Wkif, Inc.)
  • WGFA-FM (94.1 FM; Watseka, IL; Owner: Iroquois County Broadcasting Company)
  • WVLI (95.1 FM; Aroma Park, IL; Owner: Milner Broadcasting Company)
  • WMLF (95.9 FM; Watseka, IL; Owner: Radioactive, Llc)
  • WIBN (98.1 FM; Fowler, IN; Owner: Brothers Broadcasting Corporation)

TV Broadcast Stations Near Watseka City, Illinois

  • 960920WE (Channel 54; Bradley, IL; Owner: On-line Public Ed. Network)

(updated 2008)



Occupations in Watseka City, Illinois

Male:


  • Management, Professional, And Related Occupations: 259  (19.5%)
  • Service Occupations: 162  (12.2%)
  • Sales And Office Occupations: 199  (15.0%)
  • Farming, Fishing, And Forestry Occupations 6  (0.5%)
  • Construction, Extraction, And Maintenance Occupations: 194  (14.6%)

Female:


  • Management, Professional, And Related Occupations: 257  (21.2%)
  • Service Occupations: 331  (27.2%)
  • Sales And Office Occupations: 428  (35.2%)
  • Farming, Fishing, And Forestry Occupations 5  (0.4%)
  • Construction, Extraction, And Maintenance Occupations: 20  (1.6%)


(updated 2010)





There are 155 Farms In Watseka City, Illinois


(updated 2008)



Banks In Watseka City, Illinois

Sumner National Bank Of Sheldon - 1 Branches


    Bank Assets: $20.3k
    Industry Specialization: All Other < $1 Billion
    Total Offices: 2

The Edgar County Bank And Trust Co., Paris, Illinois - 1 Branches


    Bank Assets: $398.9k
    Industry Specialization: Commercial Lending
    Total Offices: 9

Mainsource Bank - 1 Branches


    Bank Assets: $2.8m
    Industry Specialization: Commercial Lending
    Total Offices: 76

The First Trust And Savings Bank Of Watseka, Illinois - 1 Branches


    Bank Assets: $237.6k
    Industry Specialization: Agricultural
    Total Offices: 2

Iroquois Federal Savings And Loan Association - 1 Branches


    Bank Assets: $550.6k
    Industry Specialization: Commercial Lending
    Total Offices: 5

(updated 2014)







Airports Near Watseka City, Illinois

  • Greater Kankakee


    (about 21.2 miles in Aroma Park, Illinois; Airport Code: IKK)

  • Lowell Airport


    (about 33.5 miles in Schneider, Indiana; Airport Code: RQL)

  • Rantoul National Aviation Center


    (about 39.6 miles in Rantoul, Illinois; Airport Code: II1)

  • Vermilion Regional


    (about 40.5 miles in Bismarck, Illinois; Airport Code: DNV)

  • Vermillon County


    (about 40.7 miles in Bismarck, Illinois; Airport Code: DNV)

  • Purdue University


    (about 49.0 miles in Lafayette, Indiana; Airport Code: LAF)

  • University of Illinois/Willard


    (about 58.4 miles in Savoy, Illinois; Airport Code: CMI)


(updated 2015)



Modes of Transportation in Watseka City, Illinois

Car, Truck, Or Van:

 

Drove Alone

79.43%

Carpooled

10.23%

Public Transportation:

 

Bus Or Trolley Bus

0.36%

Streetcar Or Trolley Car

0.0%

Subway Or Elevated

0.0%

Railroad

0.0%

Ferryboat

0.0%

Taxicab

0.0%

Motorcycle

0.0%

Bicycle

0.24%

Walked

6.38%

Other Means

0.71%

Worked At Home

2.66%



(updated 2010)





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