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Richland County, Illinois Economic Analysis


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Economic Analysis

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

12:00 A.M. TO 4:59 A.M.   : 345   (5.1%)
5:00 A.M. TO 5:29 A.M.   : 142   (2.1%)
5:30 A.M. TO 5:59 A.M.   : 290   (4.2%)
6:00 A.M. TO 6:29 A.M.   : 436   (6.4%)
6:30 A.M. TO 6:59 A.M.   : 922   (13.5%)
7:00 A.M. TO 7:29 A.M.   : 887   (13.0%)
7:30 A.M. TO 7:59 A.M.   : 1,294   (18.9%)
8:00 A.M. TO 8:29 A.M.   : 651   (9.5%)
8:30 A.M. TO 8:59 A.M.   : 233   (3.4%)
9:00 A.M. TO 9:59 A.M.   : 261   (3.8%)
10:00 A.M. TO 10:59 A.M.   : 138   (2.0%)
11:00 A.M. TO 11:59 A.M.   : 61   (0.9%)
12:00 P.M. TO 3:59 P.M.   : 628   (9.2%)
4:00 P.M. TO 11:59 P.M.   : 542   (7.9%)


(updated 2010)



Means Of Transportation
(Richland County, Illinois)

Car, truck, or van:

Drove alone : 6,035

Carpooled:

In 2-person carpool : 507

In 3-person carpool : 161

In 4-person carpool : 7

In 5- or 6-person carpool : 22

In 7-or-more-person carpool : 29

Public transportation (excluding taxicab):

Bus or trolley bus : 49

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

Subway or elevated : 0

Railroad : 0

Ferryboat : 0

Taxicab : 0

Motorcycle : 7

Bicycle : 22

Walked : 107

Other means : 53

Worked at home : 247


(updated 2009)



Travel Time To Work
(Richland County, Illinois)

Less than 5 minutes : 613

5 to 9 minutes : 2,020

10 to 14 minutes : 1,418

15 to 19 minutes : 923

20 to 24 minutes : 731

25 to 29 minutes : 171

30 to 34 minutes : 416

35 to 39 minutes : 59

40 to 44 minutes : 153

45 to 59 minutes : 223

60 to 89 minutes : 177

90 or more minutes : 95


(updated 2009)



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

With Social Security income : 2,323

No Social Security income : 4,642


(updated 2009)



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

With retirement income : 1,157

No retirement income : 5,808


(updated 2009)



Family Income (Annual)
(Richland County, Illinois)

Less than $10,000 : 202

$10,000 to $14,999 : 195

$15,000 to $19,999 : 238

$20,000 to $24,999 : 285

$25,000 to $29,999 : 363

$30,000 to $34,999 : 212

$35,000 to $39,999 : 314

$40,000 to $44,999 : 324

$45,000 to $49,999 : 223

$50,000 to $59,999 : 542

$60,000 to $74,999 : 606

$75,000 to $99,999 : 549

$100,000 to $124,999 : 301

$125,000 to $149,999 : 120

$150,000 to $199,999 : 81

$200,000 or more : 88


(updated 2009)



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

Median family income in the past 12 months (in 2009 inflation-adjusted dollars) : $49,356


(updated 2009)



Occupations in Richland County, Illinois

Male:


  • Management, Professional, And Related Occupations: 1,052  (27.3%)
  • Service Occupations: 375  (9.7%)
  • Sales And Office Occupations: 688  (17.8%)
  • Farming, Fishing, And Forestry Occupations 79  (2.0%)
  • Construction, Extraction, And Maintenance Occupations: 651  (16.9%)

Female:


  • Management, Professional, And Related Occupations: 1,137  (33.3%)
  • Service Occupations: 786  (23.0%)
  • Sales And Office Occupations: 1,110  (32.6%)
  • Farming, Fishing, And Forestry Occupations 6  (0.2%)
  • Construction, Extraction, And Maintenance Occupations: 26  (0.8%)


(updated 2010)





Employment Rate In Richland County, Illinois

Employed: 7,237
Unemployed: 359



Minority Owned Firms of 100 or More in
Richland 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: 29.3%
  • Other: 70.7%



Water Usage In Richland County, Illinois

Ground Water

 
Fresh 0.00 Mgal/d
Saline 0.00 Mgal/d

Total 0.00 Mgal/d
 

Surface Water

 
Fresh 1.43 Mgal/d
Saline 0.00 Mgal/d

Total 1.43 Mgal/d





There are 555 Farms In Richland County, Illinois


(updated 2008)



Banks In Richland County, Illinois

First National Bank In Olney - 4 Branches


    Bank Assets: $1.2m
    Industry Specialization: Agricultural
    Total Offices: 7

First Financial Bank, National Association - 2 Branches


    Bank Assets: $5.8m
    Industry Specialization: Commercial Lending
    Total Offices: 241

Trustbank - 2 Branches


    Bank Assets: $356.8k
    Industry Specialization: Agricultural
    Total Offices: 7

Citizens National Bank Of Albion - 1 Branches


    Bank Assets: $279.5k
    Industry Specialization: Agricultural
    Total Offices: 4

(updated 2014)







Airports Near Richland County, Illinois

  • Flora Municipal


    (about 19.7 miles in Flora, Illinois; Airport Code: FQL)

  • Lawrenceville-Vincennes International


    (about 26.7 miles in Lawrenceville, Illinois; Airport Code: LWV)

  • Salem/Leckrone


    (about 47.2 miles in Salem, Illinois; Airport Code: SLO)

  • Mount Vernon Airport


    (about 49.7 miles in Mount Vernon, Illinois; Airport Code: MVN)

  • Coles County Memorial


    (about 53.2 miles in Mattoon, Illinois; Airport Code: MTO)

  • Centralia Municipal


    (about 55.8 miles in Centralia, Illinois; Airport Code: ENL)

  • Evansville Dress Regional


    (about 56.3 miles in Evansville, Indiana; Airport Code: EVV)

  • Evansville Regional


    (about 56.3 miles in Evansville, Indiana; Airport Code: EVV)

  • Terre Haute International-Hulman Field


    (about 65.7 miles in Terre Haute, Indiana; Airport Code: HUF)

  • Hulman Field


    (about 65.9 miles in Terre Haute, Indiana; Airport Code: HUF)

  • Henderson City - County


    (about 67.0 miles in Corydon, Kentucky; Airport Code: KY4)

  • Marshall Field


    (about 76.2 miles in Nashville, Illinois; Airport Code: DQP)

  • Sturgis Municipal


    (about 81.6 miles in Sullivan, Kentucky; Airport Code: KY2)

  • Williamson County Regional


    (about 83.6 miles in Energy, Illinois; Airport Code: MWA)

  • Owensboro Daviess County


    (about 84.5 miles in Owensboro, Kentucky; Airport Code: OWB)

  • Monroe County


    (about 84.6 miles in Stanford, Indiana; Airport Code: BMG)

  • Decatur Airport


    (about 87.3 miles in Decatur, Illinois; Airport Code: DEC)

  • Virgil I Grissom Municipal


    (about 89.2 miles in Bedford, Indiana; Airport Code: BFR)

  • Southern Illinois


    (about 90.2 miles in De Soto, Illinois; Airport Code: MDH)

  • University of Illinois/Willard


    (about 91.6 miles in Savoy, Illinois; Airport Code: CMI)


(updated 2015)



Modes of Transportation in Richland County, Illinois

Car, Truck, Or Van:

 

Drove Alone

84.05%

Carpooled

9.31%

Public Transportation:

 

Bus Or Trolley Bus

0.06%

Streetcar Or Trolley Car

0.0%

Subway Or Elevated

0.0%

Railroad

0.0%

Ferryboat

0.0%

Taxicab

0.11%

Motorcycle

0.0%

Bicycle

0.11%

Walked

1.74%

Other Means

0.49%

Worked At Home

4.13%



(updated 2010)





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