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Woodford County, Illinois Economic Analysis


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Economic Analysis

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

12:00 A.M. TO 4:59 A.M.   : 550   (3.3%)
5:00 A.M. TO 5:29 A.M.   : 518   (3.1%)
5:30 A.M. TO 5:59 A.M.   : 961   (5.8%)
6:00 A.M. TO 6:29 A.M.   : 1,848   (11.1%)
6:30 A.M. TO 6:59 A.M.   : 2,138   (12.8%)
7:00 A.M. TO 7:29 A.M.   : 2,626   (15.8%)
7:30 A.M. TO 7:59 A.M.   : 2,529   (15.2%)
8:00 A.M. TO 8:29 A.M.   : 1,365   (8.2%)
8:30 A.M. TO 8:59 A.M.   : 664   (4.0%)
9:00 A.M. TO 9:59 A.M.   : 523   (3.1%)
10:00 A.M. TO 10:59 A.M.   : 288   (1.7%)
11:00 A.M. TO 11:59 A.M.   : 101   (0.6%)
12:00 P.M. TO 3:59 P.M.   : 1,357   (8.2%)
4:00 P.M. TO 11:59 P.M.   : 1,179   (7.1%)


(updated 2010)



Household Size By Vehicles Available
(Woodford County, Illinois)

1-person household:

No vehicle available : 339

1 vehicle available : 2,187

2 vehicles available : 587

3 vehicles available : 92

4 or more vehicles available : 0

2-person household:

No vehicle available : 111

1 vehicle available : 803

2 vehicles available : 3,078

3 vehicles available : 988

4 or more vehicles available : 291

3-person household:

No vehicle available : 64

1 vehicle available : 235

2 vehicles available : 898

3 vehicles available : 669

4 or more vehicles available : 263

4-or-more-person household:

No vehicle available : 37

1 vehicle available : 431

2 vehicles available : 1,671

3 vehicles available : 952

4 or more vehicles available : 650


(updated 2013)



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

1-person household:

No workers : 1,620

1 worker : 1,585

2-person household:

No workers : 1,798

1 worker : 1,667

2 workers : 1,806

3-person household:

No workers : 222

1 worker : 392

2 workers : 1,115

3 workers : 400

4-or-more-person household:

No workers : 202

1 worker : 1,296

2 workers : 1,581

3 or more workers : 662


(updated 2013)



Travel Time To Work
(Woodford County, Illinois)

Less than 5 minutes : 1,428

5 to 9 minutes : 2,080

10 to 14 minutes : 1,590

15 to 19 minutes : 2,223

20 to 24 minutes : 2,349

25 to 29 minutes : 1,748

30 to 34 minutes : 2,819

35 to 39 minutes : 549

40 to 44 minutes : 829

45 to 59 minutes : 916

60 to 89 minutes : 381

90 or more minutes : 357


(updated 2013)



Occupations in Woodford County, Illinois

Male:


  • Management, Professional, And Related Occupations: 3,091  (31.7%)
  • Service Occupations: 932  (9.6%)
  • Sales And Office Occupations: 1,503  (15.4%)
  • Farming, Fishing, And Forestry Occupations 139  (1.4%)
  • Construction, Extraction, And Maintenance Occupations: 1,677  (17.2%)

Female:


  • Management, Professional, And Related Occupations: 2,853  (35.9%)
  • Service Occupations: 1,584  (19.9%)
  • Sales And Office Occupations: 2,908  (36.6%)
  • Farming, Fishing, And Forestry Occupations 9  (0.1%)
  • Construction, Extraction, And Maintenance Occupations: 31  (0.4%)


(updated 2010)





Employment Rate In Woodford County, Illinois

Employed: 20,393
Unemployed: 659



Minority Owned Firms of 100 or More in
Woodford 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: 29.6%
  • Other: 70.4%



Water Usage In Woodford County, Illinois

Ground Water

 
Fresh 4.40 Mgal/d
Saline 0.00 Mgal/d

Total 4.40 Mgal/d
 

Surface Water

 
Fresh 8.15 Mgal/d
Saline 0.00 Mgal/d

Total 8.15 Mgal/d





There are 1,089 Farms In Woodford County, Illinois


(updated 2008)



Banks In Woodford County, Illinois

Heartland Bank And Trust Company - 7 Branches


    Bank Assets: $17.6m
    Industry Specialization: Commercial Lending
    Total Offices: 58

Morton Community Bank - 6 Branches


    Bank Assets: $17.1m
    Industry Specialization: Commercial Lending
    Total Offices: 32

Goodfield State Bank - 3 Branches


    Bank Assets: $276.2k
    Industry Specialization: Commercial Lending
    Total Offices: 3

Flanagan State Bank - 2 Branches


    Bank Assets: $335.9k
    Industry Specialization: Agricultural
    Total Offices: 6

Commerce Bank - 2 Branches


    Bank Assets: $45.7m
    Industry Specialization: All Other > $1 Billion
    Total Offices: 205

(updated 2014)







Airports Near Woodford County, Illinois

  • Greater Peoria


    (about 25.6 miles in Peoria, Illinois; Airport Code: PIA)

  • General Downing - Peoria International


    (about 25.6 miles in Peoria, Illinois; Airport Code: PIA)

  • Central Illinois Regional


    (about 26.0 miles in Bloomington, Illinois; Airport Code: BMI)

  • Illinois Valley Regional


    (about 39.4 miles in Peru, Illinois; Airport Code: VYS)

  • Logan County


    (about 43.6 miles in Lincoln, Illinois; Airport Code: II4)

  • Galesburg Municipal


    (about 63.8 miles in Galesburg, Illinois; Airport Code: GBG)

  • Rantoul National Aviation Center


    (about 66.2 miles in Rantoul, Illinois; Airport Code: II1)

  • Decatur Airport


    (about 68.2 miles in Decatur, Illinois; Airport Code: DEC)

  • Capital


    (about 69.2 miles in Grandview, Illinois; Airport Code: SPI)

  • Abraham Lincoln Capital


    (about 69.2 miles in Grandview, Illinois; Airport Code: SPI)

  • Whiteside County-Jos H. Bittorf Field


    (about 70.2 miles in Rock Falls, Illinois; Airport Code: SQI)

  • University of Illinois/Willard


    (about 71.5 miles in Savoy, Illinois; Airport Code: CMI)

  • Greater Kankakee


    (about 74.5 miles in Aroma Park, Illinois; Airport Code: IKK)

  • Macomb Municipal


    (about 77.0 miles in Macomb, Illinois; Airport Code: MQB)

  • Aurora Municipal


    (about 78.6 miles in Sugar Grove, Illinois; Airport Code: AUZ)

  • Quad City International


    (about 80.9 miles in Moline, Illinois; Airport Code: MLI)

  • Lewis University


    (about 81.8 miles in Homer Glen, Illinois; Airport Code: LOT)

  • Lewis University


    (about 81.8 miles in Homer Glen, Illinois; Airport Code: II2)

  • De Kalb Taylor Municipal


    (about 83.7 miles in Cortland, Illinois; Airport Code: II3)

  • Jacksonville Municipal


    (about 87.8 miles in Arcadia, Illinois; Airport Code: IJX)


(updated 2015)



Modes of Transportation in Woodford County, Illinois

Car, Truck, Or Van:

 

Drove Alone

82.88%

Carpooled

8.92%

Public Transportation:

 

Bus Or Trolley Bus

0.02%

Streetcar Or Trolley Car

0.0%

Subway Or Elevated

0.0%

Railroad

0.01%

Ferryboat

0.0%

Taxicab

0.0%

Motorcycle

0.10%

Bicycle

0.19%

Walked

2.74%

Other Means

0.48%

Worked At Home

4.66%



(updated 2010)





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