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Knox County, Illinois Economic Analysis


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Economic Analysis

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

12:00 A.M. TO 4:59 A.M.   : 891   (3.7%)
5:00 A.M. TO 5:29 A.M.   : 513   (2.1%)
5:30 A.M. TO 5:59 A.M.   : 1,081   (4.4%)
6:00 A.M. TO 6:29 A.M.   : 1,984   (8.1%)
6:30 A.M. TO 6:59 A.M.   : 2,833   (11.6%)
7:00 A.M. TO 7:29 A.M.   : 2,957   (12.1%)
7:30 A.M. TO 7:59 A.M.   : 4,284   (17.6%)
8:00 A.M. TO 8:29 A.M.   : 2,280   (9.4%)
8:30 A.M. TO 8:59 A.M.   : 1,129   (4.6%)
9:00 A.M. TO 9:59 A.M.   : 966   (4.0%)
10:00 A.M. TO 10:59 A.M.   : 402   (1.6%)
11:00 A.M. TO 11:59 A.M.   : 214   (0.9%)
12:00 P.M. TO 3:59 P.M.   : 2,838   (11.6%)
4:00 P.M. TO 11:59 P.M.   : 2,001   (8.2%)


(updated 2010)



Household Size By Vehicles Available
(Knox County, Illinois)

1-person household:

No vehicle available : 1,296

1 vehicle available : 4,847

2 vehicles available : 1,108

3 vehicles available : 143

4 or more vehicles available : 78

2-person household:

No vehicle available : 281

1 vehicle available : 1,751

2 vehicles available : 4,893

3 vehicles available : 791

4 or more vehicles available : 201

3-person household:

No vehicle available : 124

1 vehicle available : 638

2 vehicles available : 901

3 vehicles available : 652

4 or more vehicles available : 174

4-or-more-person household:

No vehicle available : 209

1 vehicle available : 815

2 vehicles available : 1,348

3 vehicles available : 721

4 or more vehicles available : 340


(updated 2013)



Household Size By Number Of Workers In Household
(Knox County, Illinois)

1-person household:

No workers : 4,286

1 worker : 3,186

2-person household:

No workers : 2,801

1 worker : 2,405

2 workers : 2,711

3-person household:

No workers : 313

1 worker : 980

2 workers : 946

3 workers : 250

4-or-more-person household:

No workers : 425

1 worker : 1,150

2 workers : 1,460

3 or more workers : 398


(updated 2013)



Means of Transportation To Work
(Knox County, Illinois)

Car, truck, or van:

Drove alone : 17,700

Carpooled:

In 2-person carpool : 1,195

In 3-person carpool : 297

In 4-person carpool : 67

In 5- or 6-person carpool : 45

In 7-or-more-person carpool : 4

Public transportation (excluding taxicab):

Bus or trolley bus : 118

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

Subway or elevated : 0

Railroad : 0

Ferryboat : 0

Taxicab : 14

Motorcycle : 53

Bicycle : 96

Walked : 966

Other means : 114

Worked at home : 664


(updated 2013)



Travel Time To Work
(Knox County, Illinois)

Less than 5 minutes : 1,353

5 to 9 minutes : 4,596

10 to 14 minutes : 4,364

15 to 19 minutes : 3,333

20 to 24 minutes : 2,024

25 to 29 minutes : 966

30 to 34 minutes : 1,014

35 to 39 minutes : 303

40 to 44 minutes : 355

45 to 59 minutes : 1,370

60 to 89 minutes : 775

90 or more minutes : 216


(updated 2013)



Occupations in Knox County, Illinois

Male:


  • Management, Professional, And Related Occupations: 3,014  (23.1%)
  • Service Occupations: 1,671  (12.8%)
  • Sales And Office Occupations: 1,804  (13.8%)
  • Farming, Fishing, And Forestry Occupations 206  (1.6%)
  • Construction, Extraction, And Maintenance Occupations: 2,076  (15.9%)

Female:


  • Management, Professional, And Related Occupations: 3,802  (30.6%)
  • Service Occupations: 2,758  (22.2%)
  • Sales And Office Occupations: 4,108  (33.1%)
  • Farming, Fishing, And Forestry Occupations 25  (0.2%)
  • Construction, Extraction, And Maintenance Occupations: 114  (0.9%)


(updated 2010)





Amtrak Stations in Knox County, Illinois

Rail Station(s)


    225 South Seminary Street
    Amtrak Union Station
    Galesburg, Illinois 61401

(updated 2008)



Employment Rate In Knox County, Illinois

Employed: 24,315
Unemployed: 1,387



Minority Owned Firms of 100 or More in
Knox 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: 29.2%
  • Other: 70.8%



Water Usage In Knox County, Illinois

Ground Water

 
Fresh 2.40 Mgal/d
Saline 0.00 Mgal/d

Total 2.40 Mgal/d
 

Surface Water

 
Fresh 0.00 Mgal/d
Saline 0.00 Mgal/d

Total 0.00 Mgal/d





There are 936 Farms In Knox County, Illinois


(updated 2008)



Banks In Knox County, Illinois

Farmers & Mechanics Bank - 3 Branches


    Bank Assets: $837.6k
    Industry Specialization: Commercial Lending
    Total Offices: 4

First Mid-illinois Bank & Trust, National Association - 3 Branches


    Bank Assets: $4.7m
    Industry Specialization: Commercial Lending
    Total Offices: 36

Tompkins State Bank - 3 Branches


    Bank Assets: $601.7k
    Industry Specialization: Agricultural
    Total Offices: 4

Midwest Bank Of Western Illinois - 2 Branches


    Bank Assets: $844k
    Industry Specialization: Agricultural
    Total Offices: 8

First Midwest Bank - 2 Branches


    Bank Assets: $16.3m
    Industry Specialization: Commercial Lending
    Total Offices: 91

Wells Fargo Bank, National Association - 2 Branches


    Bank Assets: $2.8b
    Industry Specialization: All Other > $1 Billion
    Total Offices: 6,310

Raritan State Bank - 1 Branches


    Bank Assets: $165.8k
    Industry Specialization: Agricultural
    Total Offices: 3

Anderson State Bank - 1 Branches


    Bank Assets: $82.5k
    Industry Specialization: Agricultural
    Total Offices: 1

Woodforest National Bank - 1 Branches


    Bank Assets: $4.1m
    Industry Specialization: Commercial Lending
    Total Offices: 763

Bank Of Yates City - 1 Branches


    Bank Assets: $64k
    Industry Specialization: All Other < $1 Billion
    Total Offices: 2

(updated 2014)







Airports Near Knox County, Illinois

  • Galesburg Municipal


    (about 7.2 miles in Galesburg, Illinois; Airport Code: GBG)

  • Macomb Municipal


    (about 34.6 miles in Macomb, Illinois; Airport Code: MQB)

  • Quad City International


    (about 36.9 miles in Moline, Illinois; Airport Code: MLI)

  • General Downing - Peoria International


    (about 37.0 miles in Peoria, Illinois; Airport Code: PIA)

  • Greater Peoria


    (about 37.0 miles in Peoria, Illinois; Airport Code: PIA)

  • Burlington Municipal


    (about 44.8 miles in Carman, Illinois; Airport Code: BRL)

  • Southeast Iowa Regional


    (about 44.9 miles in Carman, Illinois; Airport Code: BRL)

  • Davenport Municipal


    (about 48.8 miles in Davenport, Iowa; Airport Code: DVN)

  • Muscatine Municipal


    (about 53.3 miles in Fruitland, Iowa; Airport Code: MUT)

  • Fort Madison Municipal


    (about 57.6 miles in Fort Madison, Iowa; Airport Code: FMS)

  • Clinton Municipal


    (about 61.6 miles in Low Moor, Iowa; Airport Code: CWI)

  • Whiteside County-Jos H. Bittorf Field


    (about 63.7 miles in Rock Falls, Illinois; Airport Code: SQI)

  • Illinois Valley Regional


    (about 65.7 miles in Peru, Illinois; Airport Code: VYS)

  • Keokuk Municipal


    (about 68.2 miles in Keokuk, Iowa; Airport Code: EOK)

  • Logan County


    (about 73.7 miles in Lincoln, Illinois; Airport Code: II4)

  • Central Illinois Regional


    (about 78.1 miles in Bloomington, Illinois; Airport Code: BMI)

  • Jacksonville Municipal


    (about 80.6 miles in Arcadia, Illinois; Airport Code: IJX)

  • Iowa City Municipal


    (about 81.2 miles in Iowa City, Iowa; Airport Code: IOW)

  • Capital


    (about 82.3 miles in Grandview, Illinois; Airport Code: SPI)

  • Abraham Lincoln Capital


    (about 82.3 miles in Grandview, Illinois; Airport Code: SPI)


(updated 2015)



Modes of Transportation in Knox County, Illinois

Car, Truck, Or Van:

 

Drove Alone

80.64%

Carpooled

10.16%

Public Transportation:

 

Bus Or Trolley Bus

0.44%

Streetcar Or Trolley Car

0.0%

Subway Or Elevated

0.0%

Railroad

0.12%

Ferryboat

0.0%

Taxicab

0.38%

Motorcycle

0.19%

Bicycle

0.30%

Walked

4.10%

Other Means

0.66%

Worked At Home

3.01%



(updated 2010)





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