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Piatt County, Illinois Economic Analysis


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Economic Analysis

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

12:00 A.M. TO 4:59 A.M.   : 278   (3.5%)
5:00 A.M. TO 5:29 A.M.   : 228   (2.9%)
5:30 A.M. TO 5:59 A.M.   : 370   (4.6%)
6:00 A.M. TO 6:29 A.M.   : 917   (11.5%)
6:30 A.M. TO 6:59 A.M.   : 853   (10.7%)
7:00 A.M. TO 7:29 A.M.   : 1,358   (17.0%)
7:30 A.M. TO 7:59 A.M.   : 1,460   (18.3%)
8:00 A.M. TO 8:29 A.M.   : 764   (9.6%)
8:30 A.M. TO 8:59 A.M.   : 185   (2.3%)
9:00 A.M. TO 9:59 A.M.   : 278   (3.5%)
10:00 A.M. TO 10:59 A.M.   : 110   (1.4%)
11:00 A.M. TO 11:59 A.M.   : 58   (0.7%)
12:00 P.M. TO 3:59 P.M.   : 494   (6.2%)
4:00 P.M. TO 11:59 P.M.   : 622   (7.8%)


(updated 2010)



Means Of Transportation
(Piatt County, Illinois)

Car, truck, or van:

Drove alone : 6,639

Carpooled:

In 2-person carpool : 804

In 3-person carpool : 25

In 4-person carpool : 5

In 5- or 6-person carpool : 3

In 7-or-more-person carpool : 95

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 : 19

Bicycle : 77

Walked : 259

Other means : 79

Worked at home : 219


(updated 2009)



Travel Time To Work
(Piatt County, Illinois)

Less than 5 minutes : 695

5 to 9 minutes : 1,296

10 to 14 minutes : 842

15 to 19 minutes : 774

20 to 24 minutes : 1,116

25 to 29 minutes : 765

30 to 34 minutes : 1,375

35 to 39 minutes : 304

40 to 44 minutes : 258

45 to 59 minutes : 346

60 to 89 minutes : 123

90 or more minutes : 131


(updated 2009)



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

With Social Security income : 2,001

No Social Security income : 4,581


(updated 2009)



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

With retirement income : 1,432

No retirement income : 5,150


(updated 2009)



Family Income (Annual)
(Piatt County, Illinois)

Less than $10,000 : 110

$10,000 to $14,999 : 133

$15,000 to $19,999 : 88

$20,000 to $24,999 : 140

$25,000 to $29,999 : 166

$30,000 to $34,999 : 229

$35,000 to $39,999 : 247

$40,000 to $44,999 : 259

$45,000 to $49,999 : 244

$50,000 to $59,999 : 482

$60,000 to $74,999 : 777

$75,000 to $99,999 : 825

$100,000 to $124,999 : 574

$125,000 to $149,999 : 247

$150,000 to $199,999 : 137

$200,000 or more : 78


(updated 2009)



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

Median family income in the past 12 months (in 2009 inflation-adjusted dollars) : $65,149


(updated 2009)



Occupations in Piatt County, Illinois

Male:


  • Management, Professional, And Related Occupations: 1,402  (31.0%)
  • Service Occupations: 428  (9.5%)
  • Sales And Office Occupations: 540  (12.0%)
  • Farming, Fishing, And Forestry Occupations 101  (2.2%)
  • Construction, Extraction, And Maintenance Occupations: 858  (19.0%)

Female:


  • Management, Professional, And Related Occupations: 1,348  (33.8%)
  • Service Occupations: 803  (20.2%)
  • Sales And Office Occupations: 1,473  (37.0%)
  • Farming, Fishing, And Forestry Occupations 12  (0.3%)
  • Construction, Extraction, And Maintenance Occupations: 7  (0.2%)


(updated 2010)





Employment Rate In Piatt County, Illinois

Employed: 9,085
Unemployed: 345



Minority Owned Firms of 100 or More in
Piatt 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: 23.6%
  • Other: 76.4%



Water Usage In Piatt County, Illinois

Ground Water

 
Fresh 3.53 Mgal/d
Saline 0.00 Mgal/d

Total 3.53 Mgal/d
 

Surface Water

 
Fresh 0.00 Mgal/d
Saline 0.00 Mgal/d

Total 0.00 Mgal/d





There are 599 Farms In Piatt County, Illinois


(updated 2008)



Banks In Piatt County, Illinois

First State Bank - 4 Branches


    Bank Assets: $931.4k
    Industry Specialization: All Other < $1 Billion
    Total Offices: 240

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


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

State Bank Of Bement - 1 Branches


    Bank Assets: $81.7k
    Industry Specialization: Agricultural
    Total Offices: 2

State Bank Of Cerro Gordo - 1 Branches


    Bank Assets: $24.7k
    Industry Specialization: Other < $1 Billion
    Total Offices: 1

Cibm Bank - 1 Branches


    Bank Assets: $486.4k
    Industry Specialization: Commercial Lending
    Total Offices: 10

(updated 2014)







Airports Near Piatt County, Illinois

  • University of Illinois/Willard


    (about 16.0 miles in Savoy, Illinois; Airport Code: CMI)

  • Decatur Airport


    (about 19.1 miles in Decatur, Illinois; Airport Code: DEC)

  • Rantoul National Aviation Center


    (about 30.8 miles in Rantoul, Illinois; Airport Code: II1)

  • Central Illinois Regional


    (about 38.2 miles in Bloomington, Illinois; Airport Code: BMI)

  • Coles County Memorial


    (about 39.2 miles in Mattoon, Illinois; Airport Code: MTO)

  • Logan County


    (about 41.6 miles in Lincoln, Illinois; Airport Code: II4)

  • Vermillon County


    (about 53.6 miles in Bismarck, Illinois; Airport Code: DNV)

  • Vermilion Regional


    (about 53.7 miles in Bismarck, Illinois; Airport Code: DNV)

  • Abraham Lincoln Capital


    (about 59.3 miles in Grandview, Illinois; Airport Code: SPI)

  • Capital


    (about 59.3 miles in Grandview, Illinois; Airport Code: SPI)

  • Greater Peoria


    (about 74.3 miles in Peoria, Illinois; Airport Code: PIA)

  • General Downing - Peoria International


    (about 74.3 miles in Peoria, Illinois; Airport Code: PIA)

  • Hulman Field


    (about 77.2 miles in Terre Haute, Indiana; Airport Code: HUF)

  • Terre Haute International-Hulman Field


    (about 77.3 miles in Terre Haute, Indiana; Airport Code: HUF)

  • Greater Kankakee


    (about 83.5 miles in Aroma Park, Illinois; Airport Code: IKK)

  • Jacksonville Municipal


    (about 89.3 miles in Arcadia, Illinois; Airport Code: IJX)

  • Purdue University


    (about 91.3 miles in Lafayette, Indiana; Airport Code: LAF)

  • Flora Municipal


    (about 92.3 miles in Flora, Illinois; Airport Code: FQL)

  • Salem/Leckrone


    (about 95.7 miles in Salem, Illinois; Airport Code: SLO)

  • Illinois Valley Regional


    (about 98.3 miles in Peru, Illinois; Airport Code: VYS)


(updated 2015)



Modes of Transportation in Piatt County, Illinois

Car, Truck, Or Van:

 

Drove Alone

83.44%

Carpooled

7.55%

Public Transportation:

 

Bus Or Trolley Bus

0.12%

Streetcar Or Trolley Car

0.0%

Subway Or Elevated

0.0%

Railroad

0.10%

Ferryboat

0.0%

Taxicab

0.0%

Motorcycle

0.14%

Bicycle

0.06%

Walked

3.15%

Other Means

0.67%

Worked At Home

4.78%



(updated 2010)





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