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Vermilion County, Illinois Economic Analysis


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Economic Analysis

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

12:00 A.M. TO 4:59 A.M.   : 1,596   (4.7%)
5:00 A.M. TO 5:29 A.M.   : 985   (2.9%)
5:30 A.M. TO 5:59 A.M.   : 1,645   (4.8%)
6:00 A.M. TO 6:29 A.M.   : 3,066   (9.0%)
6:30 A.M. TO 6:59 A.M.   : 4,220   (12.4%)
7:00 A.M. TO 7:29 A.M.   : 4,782   (14.1%)
7:30 A.M. TO 7:59 A.M.   : 5,526   (16.3%)
8:00 A.M. TO 8:29 A.M.   : 2,530   (7.5%)
8:30 A.M. TO 8:59 A.M.   : 1,128   (3.3%)
9:00 A.M. TO 9:59 A.M.   : 1,075   (3.2%)
10:00 A.M. TO 10:59 A.M.   : 627   (1.8%)
11:00 A.M. TO 11:59 A.M.   : 306   (0.9%)
12:00 P.M. TO 3:59 P.M.   : 3,247   (9.6%)
4:00 P.M. TO 11:59 P.M.   : 3,203   (9.4%)


(updated 2010)



Household Size By Vehicles Available
(Vermilion County, Illinois)

1-person household:

No vehicle available : 2,086

1 vehicle available : 6,203

2 vehicles available : 1,231

3 vehicles available : 163

4 or more vehicles available : 130

2-person household:

No vehicle available : 670

1 vehicle available : 2,657

2 vehicles available : 5,898

3 vehicles available : 1,463

4 or more vehicles available : 421

3-person household:

No vehicle available : 315

1 vehicle available : 1,098

2 vehicles available : 1,921

3 vehicles available : 1,228

4 or more vehicles available : 293

4-or-more-person household:

No vehicle available : 210

1 vehicle available : 913

2 vehicles available : 2,713

3 vehicles available : 1,485

4 or more vehicles available : 568


(updated 2013)



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

1-person household:

No workers : 5,796

1 worker : 4,017

2-person household:

No workers : 4,245

1 worker : 3,756

2 workers : 3,108

3-person household:

No workers : 633

1 worker : 1,752

2 workers : 1,991

3 workers : 479

4-or-more-person household:

No workers : 436

1 worker : 1,939

2 workers : 2,883

3 or more workers : 631


(updated 2013)



Travel Time To Work
(Vermilion County, Illinois)

Less than 5 minutes : 1,115

5 to 9 minutes : 4,172

10 to 14 minutes : 7,343

15 to 19 minutes : 5,667

20 to 24 minutes : 3,839

25 to 29 minutes : 1,330

30 to 34 minutes : 3,165

35 to 39 minutes : 633

40 to 44 minutes : 768

45 to 59 minutes : 2,010

60 to 89 minutes : 698

90 or more minutes : 666


(updated 2013)



Occupations in Vermilion County, Illinois

Male:


  • Management, Professional, And Related Occupations: 3,756  (20.0%)
  • Service Occupations: 2,403  (12.8%)
  • Sales And Office Occupations: 2,717  (14.5%)
  • Farming, Fishing, And Forestry Occupations 199  (1.1%)
  • Construction, Extraction, And Maintenance Occupations: 3,477  (18.5%)

Female:


  • Management, Professional, And Related Occupations: 4,923  (29.0%)
  • Service Occupations: 3,486  (20.5%)
  • Sales And Office Occupations: 6,355  (37.4%)
  • Farming, Fishing, And Forestry Occupations 47  (0.3%)
  • Construction, Extraction, And Maintenance Occupations: 116  (0.7%)


(updated 2010)





Amtrak Stations in Vermilion County, Illinois

Bus Station(s)


    379 Lynch Road
    BP Amoco Station
    Danville, Illinois 61834

(updated 2008)



Employment Rate In Vermilion County, Illinois

Employed: 36,100
Unemployed: 2,174



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

  • Total Black-owned firms of 100 or more, percent 2002: 4.2%
  • 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: 1.9%
  • 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: 0.0%
  • Other: 93.9%



Water Usage In Vermilion County, Illinois

Ground Water

 
Fresh 5.44 Mgal/d
Saline 0.00 Mgal/d

Total 5.44 Mgal/d
 

Surface Water

 
Fresh 11.04 Mgal/d
Saline 0.00 Mgal/d

Total 11.04 Mgal/d





There are 910 Farms In Vermilion County, Illinois


(updated 2008)



Banks In Vermilion County, Illinois

First Financial Bank, National Association - 7 Branches


    Bank Assets: $20.5m
    Industry Specialization: Commercial Lending
    Total Offices: 241

First Midwest Bank - 3 Branches


    Bank Assets: $24.5m
    Industry Specialization: Commercial Lending
    Total Offices: 91

The First National Bank Of Catlin - 3 Branches


    Bank Assets: $132.3k
    Industry Specialization: Commercial Lending
    Total Offices: 3

Old National Bank - 2 Branches


    Bank Assets: $20.4m
    Industry Specialization: All Other > $1 Billion
    Total Offices: 178

United Community Bank - 2 Branches


    Bank Assets: $91.9k
    Industry Specialization: Agricultural
    Total Offices: 151

Community Bank - 2 Branches


    Bank Assets: $166.8k
    Industry Specialization: Other < $1 Billion
    Total Offices: 126

Iroquois Federal Savings And Loan Association - 2 Branches


    Bank Assets: $1.1m
    Industry Specialization: Commercial Lending
    Total Offices: 5

Illinois National Bank - 1 Branches


    Bank Assets: $686.9k
    Industry Specialization: Commercial Lending
    Total Offices: 13

First National Bank In Georgetown - 1 Branches


    Bank Assets: $49.3k
    Industry Specialization: Agricultural
    Total Offices: 1

Mainsource Bank - 1 Branches


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

(updated 2014)







Airports Near Vermilion County, Illinois

  • Vermillon County


    (about 5.8 miles in Bismarck, Illinois; Airport Code: DNV)

  • Vermilion Regional


    (about 5.9 miles in Bismarck, Illinois; Airport Code: DNV)

  • Rantoul National Aviation Center


    (about 25.6 miles in Rantoul, Illinois; Airport Code: II1)

  • University of Illinois/Willard


    (about 32.1 miles in Savoy, Illinois; Airport Code: CMI)

  • Purdue University


    (about 43.7 miles in Lafayette, Indiana; Airport Code: LAF)

  • Hulman Field


    (about 52.7 miles in Terre Haute, Indiana; Airport Code: HUF)

  • Terre Haute International-Hulman Field


    (about 52.8 miles in Terre Haute, Indiana; Airport Code: HUF)

  • Coles County Memorial


    (about 56.2 miles in Mattoon, Illinois; Airport Code: MTO)

  • Frankfort Municipal


    (about 60.2 miles in Frankfort, Indiana; Airport Code: FXR)

  • Greater Kankakee


    (about 63.7 miles in Aroma Park, Illinois; Airport Code: IKK)

  • Decatur Airport


    (about 66.1 miles in Decatur, Illinois; Airport Code: DEC)

  • Central Illinois Regional


    (about 68.8 miles in Bloomington, Illinois; Airport Code: BMI)

  • Lowell Airport


    (about 74.8 miles in Schneider, Indiana; Airport Code: RQL)

  • Indianapolis Executive


    (about 76.7 miles in Westfield, Indiana; Airport Code: IN2)

  • Eagle Creek Airpark


    (about 77.3 miles in Eagle Creek, Indiana; Airport Code: IN4)

  • Indianapolis International


    (about 80.3 miles in Indianapolis, Indiana; Airport Code: IND)

  • Indianapolis Muni/Weir Cook


    (about 80.4 miles in Indianapolis, Indiana; Airport Code: IND)

  • Logan County


    (about 86.7 miles in Lincoln, Illinois; Airport Code: II4)

  • Grissom ARB


    (about 87.9 miles in Grissom Air Reserve Base, Indiana; Airport Code: GUS)

  • Indianapolis Metro


    (about 88.5 miles in Fishers, Indiana; Airport Code: IN3)


(updated 2015)



Modes of Transportation in Vermilion County, Illinois

Car, Truck, Or Van:

 

Drove Alone

81.61%

Carpooled

12.11%

Public Transportation:

 

Bus Or Trolley Bus

0.43%

Streetcar Or Trolley Car

0.02%

Subway Or Elevated

0.0%

Railroad

0.01%

Ferryboat

0.0%

Taxicab

0.18%

Motorcycle

0.07%

Bicycle

0.14%

Walked

2.01%

Other Means

0.53%

Worked At Home

2.90%



(updated 2010)





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