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Hancock County, Illinois Economic Analysis


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Economic Analysis

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

12:00 A.M. TO 4:59 A.M.   : 414   (4.4%)
5:00 A.M. TO 5:29 A.M.   : 357   (3.8%)
5:30 A.M. TO 5:59 A.M.   : 395   (4.2%)
6:00 A.M. TO 6:29 A.M.   : 774   (8.3%)
6:30 A.M. TO 6:59 A.M.   : 1,150   (12.3%)
7:00 A.M. TO 7:29 A.M.   : 1,527   (16.4%)
7:30 A.M. TO 7:59 A.M.   : 1,658   (17.8%)
8:00 A.M. TO 8:29 A.M.   : 891   (9.6%)
8:30 A.M. TO 8:59 A.M.   : 280   (3.0%)
9:00 A.M. TO 9:59 A.M.   : 209   (2.2%)
10:00 A.M. TO 10:59 A.M.   : 158   (1.7%)
11:00 A.M. TO 11:59 A.M.   : 73   (0.8%)
12:00 P.M. TO 3:59 P.M.   : 754   (8.1%)
4:00 P.M. TO 11:59 P.M.   : 680   (7.3%)


(updated 2010)



Means Of Transportation
(Hancock County, Illinois)

Car, truck, or van:

Drove alone : 7,306

Carpooled:

In 2-person carpool : 726

In 3-person carpool : 119

In 4-person carpool : 46

In 5- or 6-person carpool : 17

In 7-or-more-person carpool : 23

Public transportation (excluding taxicab):

Bus or trolley bus : 26

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

Subway or elevated : 0

Railroad : 0

Ferryboat : 0

Taxicab : 0

Motorcycle : 15

Bicycle : 0

Walked : 288

Other means : 39

Worked at home : 560


(updated 2009)



Travel Time To Work
(Hancock County, Illinois)

Less than 5 minutes : 795

5 to 9 minutes : 1,470

10 to 14 minutes : 1,109

15 to 19 minutes : 1,227

20 to 24 minutes : 1,003

25 to 29 minutes : 451

30 to 34 minutes : 1,012

35 to 39 minutes : 234

40 to 44 minutes : 321

45 to 59 minutes : 498

60 to 89 minutes : 309

90 or more minutes : 176


(updated 2009)



Social Security Income In The Past 12 Months For Households
(Hancock County, Illinois)

With Social Security income : 2,754

No Social Security income : 5,270


(updated 2009)



Retirement Income In The Past 12 Months For Households
(Hancock County, Illinois)

With retirement income : 1,543

No retirement income : 6,481


(updated 2009)



Family Income (Annual)
(Hancock County, Illinois)

Less than $10,000 : 236

$10,000 to $14,999 : 231

$15,000 to $19,999 : 230

$20,000 to $24,999 : 327

$25,000 to $29,999 : 262

$30,000 to $34,999 : 356

$35,000 to $39,999 : 284

$40,000 to $44,999 : 256

$45,000 to $49,999 : 252

$50,000 to $59,999 : 568

$60,000 to $74,999 : 850

$75,000 to $99,999 : 975

$100,000 to $124,999 : 291

$125,000 to $149,999 : 148

$150,000 to $199,999 : 118

$200,000 or more : 118


(updated 2009)



Median Family Income (Annual)
(Hancock County, Illinois)

Median family income in the past 12 months (in 2009 inflation-adjusted dollars) : $55,858


(updated 2009)



Occupations in Hancock County, Illinois

Male:


  • Management, Professional, And Related Occupations: 1,377  (25.9%)
  • Service Occupations: 456  (8.6%)
  • Sales And Office Occupations: 570  (10.7%)
  • Farming, Fishing, And Forestry Occupations 195  (3.7%)
  • Construction, Extraction, And Maintenance Occupations: 980  (18.4%)

Female:


  • Management, Professional, And Related Occupations: 1,231  (26.2%)
  • Service Occupations: 1,032  (21.9%)
  • Sales And Office Occupations: 1,534  (32.6%)
  • Farming, Fishing, And Forestry Occupations 35  (0.7%)
  • Construction, Extraction, And Maintenance Occupations: 37  (0.8%)


(updated 2010)





Employment Rate In Hancock County, Illinois

Employed: 9,561
Unemployed: 472



Minority Owned Firms of 100 or More in
Hancock County, Illinois

  • Total Black-owned firms of 100 or more, percent 2002: 0.0%
  • Total American Indian-and Alaska Native-owned firms of 100 or more, percent 2002: 0.0%
  • Total Asian-owned firms of 100 or more, percent 2002: 0.0%
  • Total Hispanic-owned firms of 100 or more, percent 2002: 0.0%
  • Total Native Hawaiian-and Other Pacific Islander-owned firms of 100 or more, percent 2002: 0.0%
  • Total women-owned firms of 100 or more, percent 2002: 27.3%
  • Other: 72.7%



Water Usage In Hancock County, Illinois

Ground Water

 
Fresh 2.41 Mgal/d
Saline 0.00 Mgal/d

Total 2.41 Mgal/d
 

Surface Water

 
Fresh 1.09 Mgal/d
Saline 0.00 Mgal/d

Total 1.09 Mgal/d





There are 1,517 Farms In Hancock County, Illinois


(updated 2008)



Banks In Hancock County, Illinois

First State Bank Of Illinois - 5 Branches


    Bank Assets: $1.4m
    Industry Specialization: Agricultural
    Total Offices: 9

Marine Bank And Trust - 3 Branches


    Bank Assets: $726.5k
    Industry Specialization: Agricultural
    Total Offices: 3

State Bank Of Nauvoo - 2 Branches


    Bank Assets: $63.9k
    Industry Specialization: All Other < $1 Billion
    Total Offices: 2

The Hill-dodge Banking Company - 1 Branches


    Bank Assets: $37.2k
    Industry Specialization: Agricultural
    Total Offices: 1

First Bankers Trust Company, National Association - 1 Branches


    Bank Assets: $844.7k
    Industry Specialization: Commercial Lending
    Total Offices: 10

The Bank Of Advance - 1 Branches


    Bank Assets: $301.3k
    Industry Specialization: Agricultural
    Total Offices: 7

South Porte Bank - 1 Branches


    Bank Assets: $35.6k
    Industry Specialization: Commercial Lending
    Total Offices: 2

Fort Madison Bank & Trust Co. - 1 Branches


    Bank Assets: $156.1k
    Industry Specialization: Commercial Lending
    Total Offices: 5

Bank Of Stronghurst - 1 Branches


    Bank Assets: $80.8k
    Industry Specialization: Agricultural
    Total Offices: 4

Dubuque Bank And Trust Company - 1 Branches


    Bank Assets: $1.3m
    Industry Specialization: Commercial Lending
    Total Offices: 16

(updated 2014)







Airports Near Hancock County, Illinois

  • Keokuk Municipal


    (about 12.9 miles in Keokuk, Iowa; Airport Code: EOK)

  • Fort Madison Municipal


    (about 17.8 miles in Fort Madison, Iowa; Airport Code: FMS)

  • Southeast Iowa Regional


    (about 25.0 miles in Carman, Illinois; Airport Code: BRL)

  • Burlington Municipal


    (about 25.2 miles in Carman, Illinois; Airport Code: BRL)

  • Macomb Municipal


    (about 28.9 miles in Macomb, Illinois; Airport Code: MQB)

  • Quincy Regional-Baldwin Field


    (about 33.3 miles in Fowler, Illinois; Airport Code: UIN)

  • Galesburg Municipal


    (about 53.3 miles in Galesburg, Illinois; Airport Code: GBG)

  • Muscatine Municipal


    (about 65.1 miles in Fruitland, Iowa; Airport Code: MUT)

  • Jacksonville Municipal


    (about 67.4 miles in Arcadia, Illinois; Airport Code: IJX)

  • Clarence Cannon Memorial


    (about 75.1 miles in La Plata, Missouri; Airport Code: IRK)

  • Kirksville Regional


    (about 75.1 miles in La Plata, Missouri; Airport Code: IRK)

  • Quad City International


    (about 79.2 miles in Moline, Illinois; Airport Code: MLI)

  • Greater Peoria


    (about 80.5 miles in Peoria, Illinois; Airport Code: PIA)

  • General Downing - Peoria International


    (about 80.5 miles in Peoria, Illinois; Airport Code: PIA)

  • Ottumwa Regional


    (about 81.1 miles in Kirkville, Iowa; Airport Code: OTM)

  • Ottumwa Industrial


    (about 81.1 miles in Kirkville, Iowa; Airport Code: OTM)

  • Iowa City Municipal


    (about 86.1 miles in Iowa City, Iowa; Airport Code: IOW)

  • Davenport Municipal


    (about 87.7 miles in Davenport, Iowa; Airport Code: DVN)

  • Capital


    (about 89.2 miles in Grandview, Illinois; Airport Code: SPI)

  • Abraham Lincoln Capital


    (about 89.2 miles in Grandview, Illinois; Airport Code: SPI)


(updated 2015)



Modes of Transportation in Hancock County, Illinois

Car, Truck, Or Van:

 

Drove Alone

81.36%

Carpooled

9.38%

Public Transportation:

 

Bus Or Trolley Bus

0.30%

Streetcar Or Trolley Car

0.0%

Subway Or Elevated

0.0%

Railroad

0.0%

Ferryboat

0.0%

Taxicab

0.0%

Motorcycle

0.07%

Bicycle

0.21%

Walked

2.79%

Other Means

0.38%

Worked At Home

5.52%



(updated 2010)





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