2021
Trends Report
Volume 7
1
DO YOU H AV E UNS KIL L ED W ORKE R S ?
WE PAY FOR ONBOARDING!
*
HIRE, TRAIN, AND RETAIN Build a strong workforce with help from East Central Illinois workNet. Find out more at www.eciwork.net/employers. 217-531-8282 | 1307 N. Mattis Avenue, Champaign Additional offices located in Douglas, Ford, Iroquois, and Piatt Counties.
2
*“Pay” means eligible employers can apply for funding from the WIOA On-the-Job Training program, which includes partial reimbursement of wages for up to six months and the provision of support services such as coaching, transportation vouchers, and uniforms. Federally funded, locally driven, we are East Central Illinois’ workforce development agency operating under the Workforce Innovation and Opportunity Act.
Dear Chamber Members, We are pleased to provide your company with the Champaign County Chamber of Commerce’s seventh annual Trends Report. This publication is designed to provide you, our members, with information and data that can be used in daily business decision-making. One of the biggest challenges facing all business owners and managers is making the right decisions to grow your companies; expand your products and/or improve your services. Using data, understanding trends, understanding the local marketplace and local demographics help your company as you strategically plan for the future of your business. Please take time to review the information provided. Our goal is to provide our members with data on an ongoing basis to help your company. Please reach out to us and let us know if we are we missing information that would be invaluable to your particular industry.
Table of Contents Population..................................4-5 Demographics...............................6 Income..........................................7 Quick Facts...................................8 Research & Development.............9 Workforce....................................10 Education....................................11 Economy.....................................12 Economic Development..............13 Real Estate..................................14 Political Association.....................15 Agribusiness...............................16 Entrepreneurship.........................17 Transportation........................18-19 Tourism........................................20 Recognitions................................21 Information included in this report reflects most recent data available at the time of publication. Data may be from 2020 or before depending on what is avalailable at the time.
We want to know what you need to help support those gut-made decisions – backed with data. Your feedback is encouraged to LauraW@champaigncounty.org. We hope you find the Trends Report helpful to your company. Sincerely,
Laura Weis President & CEO
3
POPULATION
Sources: US Census Bureau (2019)
2019
2018
2017
2016
209,689
209,983
209,399
208,419
DeWitt
15,638
15,769
15,942
16,226
Douglas
19,465
19,479
19,748
19,630
Ford
12,961
13,264
13,280
13,575
171,517
172,828
172,290
172,418
16,344
16,396
16,445
16,650
Champaign
McLean Piatt
Population Percent Change
Population percent change represents the percentage of change for each county between 2010 and 2019.
+4.3%
-5.6%
Champaign DeWitt
-2.6%
-8.0%
+1.1%
-2.3%
Douglas
Ford
McLean
Piatt
WHAT THIS MEANS:
While many communities statewide and in Central Illinois have seen population decreasing throughout the past decade, more residents are moving and staying in Champaign County. In fact, according to USA Today, prior to the pandemic, Champaign-Urbana was the fastest growing area in Illinois due to its above average job growth rate and its above average median household income.
4
POPULATION UIUC TOTAL STUDENT POPULATION Sources: UIUC Division of Management Information (2018)
52,331 49,339
50,000
51,196 44,542 42,883
40,000
47,826
43,603
39,120 41,949
30,000 2008
2010
2012
2014
2016
2017 2018 2019 2020
CHAMPAIGN COUNTY STUDENTS AT UIUC 5,000 4,000 3,000
4,014 3,164
2,775
2,428
2,601 2,489 2,584 2,822
2,000 2004 2007 2010 2016 2017 2018 2019 2020 WHAT THIS MEANS:
Since the peak in 2004, the number of students from Champaign County has been on a steady decline at the University of Illinois over the past 10+ years. In 2017, there was a slight increase followed by an increase in 2020 amid the COVID-19 pandemic.
5
DEMOGRAPHICS Chart Title
Sources: US Census Bureau (2019)
2% Other 6% Hispanic 11% Asian
Race
14% Black 67% White
White Black Chart TitleAsian
Hispanic
Other
13% - 65+ 5% Under 5 19% 5-18
age Under 5
5 to 18
67% 18-65
18-65
65+
Chart Title
WHAT THIS MEANS: CHAMPAIGN COUNTY IS A YOUNG, DIVERSE POPOULATION IN THE HEART OF CENTRAL ILLINOIS. Chart Title
4% Widowed 50% Male
50% Female
41% Married
Sex
46% Never Married
Marital Status
9% Divorced
6
Male
Female
Married
Divorced
Never Married
Wid
Sources: US Census Bureau (2019)
INCOME
$30,578
$52,797
Champaign County Per Capita Income
Median Household Income
annual mean wage by occupation OCCUPATION
ILLINOIS
U.S.
Management
$118,840
$122,480
Business & Finance
$77,420
$78,130
Computer & Mathematics
$90,110
$93,760
Architecture & Engineering
$85,240
$88,800
Life, Physical, & Social Sciences
$73,420
$77,540
Community & Social Service
$50,240
$50,480
Legal Occupations
$123,690
$109,630
Education, Training & Library
$55,900
$57,710
Arts, Design, Entertainment
$55,220
$61,960
Healthcare Practitioners/Technicians
$80,540
$83,640
Healthcare Support
$31,360
$31,010
Protective Services
$55,060
$49,880
Food Preparation & Serving
$25,420
$26,670
Building & Grounds Maintenance
$31,920
$31,250
Personal Care & Service
$31,580
$31,260
Sales & Related Occupations
$43,530
$43,060
Office & Administrative Support
$41,890
$41,040
Farming, Fishing & Forestry
$35,120
$31,340
Construction & Extraction
$68,940
$52,580
*Income measured by annual mean wage
7
QUICK FACTS
Source:US Census Bureau (2019)
2.36
52,797
average persons per household
Median household income
#10
201.8 population per square mile
Champaign-Urbana on the ‘most green cities in the U.S.’ list
top chamber employers University of Illinois at Urbana-Champaign 13,934 Carle and Health Alliance
6,921
Champaign School District
1,664
Christie Clinic Champaign County Government Urbana School District FedEx
8
916 893 828 815
OSF Healthcare
774
Parkland College
741
Plastipak
735
Source: University Science and Technology Coalition (2018)
RESEARCH & DEVELOPMENT
Illinois is one of the most active states for research and development in the nation, ranking eighth in overall R&D, academic R&D and business R&D.
Additionally, Illinois is the sixth largest producer of science, health, and engineering academic articles nationally. Academic research funding yields a high rate of return in Illinois, with the state producing more academic articles per $1 million in funding, compared with the national average.
What This Means As one of the leading counties in Illinois for research and development, Champaign County strives to invoke inspiration and support innovation and the beginnings of new ventures.
9
WORKFORCE
Sources: US Census Bureau, US Bureau of Labor Statistics, Illinois Department of Empoyment Security, USAWage.com
Percent of Champaign County population (16 years +) in civilian labor force
11% 10% 9% 8% 7% 6% 5% 4% 3% 2% 1%
62%
2020 Unemployment Rates (Champaign County) Average unemployment rate for Champaign County in 2019 was 3.8%
Jan. feb. mar. apr. may June July aug. Sept. oct. Nov. Dec.
A Closer Look: Champaign County has a diverse Chart Titlejob market. The COVID-19 Chart Title pandemic has shifted the availability and popularity of jobs in certain industries.
2020 - Top 10 Most Popular Jobs State of Illinois EMployment Projections to 2026
(In Champaign-Urbana)
1. Office Clerks 2. Cashiers
3. Fast Food Workers 4. Registered Nurses 5. Retail Salespersons 6. Maintenance Workers
Government - 5.5% Natural Resources - .01% Natural Resources Construction Manufacturing - 9.2% Wholesale Trade - 5.2% Wholesale Trade Retail Transportation - 5.4% Information - 1.5% Information Finance Professional Business Services - 16% Education - 9% ervices Education Health Care Hospitality - 10.6% Other - 4.2% Other
7. Laborers & Material Movers 8. General Managers 9. Waiters & Waitresses 10. Customer Service Representatives
Construction - 3.7% Retail - 9.9% Finance - 6.2 % Health Care - 13.5%
Professional business services, health care, hospitality, retail and manufacturing are projected to be the largest employing industries in Illinois in 2026. 10
Source: Illinois At-A-Glance Report Card (2019)
EDUCATION
k - 12 Student Demographic By District: White: 33.8%
Champaign: Black: 35.8%
Hispanic: 13% Asian: 8.8%
Other: 8.6% White: 86.5%
Mahomet:
Black: 1% Hispanic: 4.7% Asian 1.9%: Other: 6% White: 28.1%
Rantoul:
Black: 27.3% Hispanic: 29.2% Asian: 0.6% Other: 14.9% White: 30.6%
Urbana:
Black: 36.9% Hispanic: 16% Asian 5% Other: 11.5%
White: 94.3%
St. Joseph:
Black: 2% Hispanic: 1.7% Asian 1.3%: Other: 0.7%
4-Year high school Graduation Rate Percent of Students
100 80
83%
88%
95%
88%
84%
88%
87%
88%
94%
88%
60 40 20
Champaign
Mahomet District
Rantoul
Urbana
St. Joesph
State
11
ECONOMY
Source: Sperling’s Best Places (2019), taxfoundation.org (2020)
CHAMPAIGN COUNTY TAXES Income Tax 5 Percent Property Tax 2 Percent
ce
$
ur
Champa i
r
ev
est arg
County’s l gn
enue so
Sales Tax
City
Urbana Champaign Rantoul Ogden Savoy Saint Joseph
1.50 1.50 1.50 1.50 0.50 1.50
Total
State (6.25%) & County (1.25%)
9.00 9.00 9.00 9.00 8.00 9.00
ILLINOIS
U.S.A.
CHICAGO
AVERAGE SALES TAX
AVERAGE SALES TAX
CITY SALES TAX
9.08% 12
Add
7.12%
10.25%
ECONOMIC DEVELOPMENT CHAMPAIGN COUNTY MSA Sources: Census.gov
attributes that best indicate an area’s ability to provide and sustain a skilled and sufficient workforce
(metropolitan statistical area)
Total Employer Establishments (2018) 4,313 Total Employment (2018) 69,821 Total Annual Payroll (2018, $1,000) 2,988,790 Total Employment, Percent Change (2017-2018)
0.7%
Total Non-employer Establishments (2018)
12,462
0
10
20
30
40
50
ATTRACTIVE COMMUNITY WORKFORCE ATTRIBUTES:
60
Competitive stregnths expcted to drive domestic and FDI location investment to the US
Market Access/Logistics Availability of Skills/Technical Talent Energy Costs Total Operating Costs Low Business Risk IP and Legal Protection
*Attributes that best indicate an area’s ability to provide and sustain a skilled and sufficient workforce
Quality Infrastructure Tax Climate Real Estate
GDP GROWTH IN MILLIONS
BUSINESS GROWTH 0
4.7%
5.2%
10
20
30
40
50 $8,909
60
70
80
2.3% 0.7%
Champaign
Cook
Will
Moultrie
-1.3%
Illinois Avg.
$922
$282 Champaign
Cook
Will
$215 Illinois Avg.
13
REAL ESTATE
Source: Zillow
Median home value and percent change Champaign
Urbana
Rantoul
Mahomet
Savoy
Median Home Value
$152,137
$137,319
$74,086
$223,066
$251,792
% Change in Value
+4.9%
+5.1%
+8.4%
+5.8%
+4.2%
St. Joseph
Tolono
Ogden
Philo
Thomasboro
Median Home Value
$185,607
$158,759
$137,693
$169,328
$96,114
% Change in Value
+5.1%
+7.2%
+3.2%
+6.5%
+4.4%
home value index of champaign county 160k
150k
140k
130k 2012
14
2013
2014
2015
2016
2017
2018
2019
2020
Sources: Champaign County Clerk, Illinois State Board of Elections
Voter Turnout
POLITICAL ENGAGEMENT Total Registered Voters
Total Ballots Cast
(Champaign County)
140,000
140,566
134,352
128,252
124,057
120,000 100,000
96,185
92,842 80,112
80,000
17,266 2016 General Election
2018 2019 2020 General Election Consolidated Election General Election* *The 2020 General Election data represents the total number of active and inactive voters, not the total number of registered voters.
2016
2020
General Election:
General Election:
5,666,118
6,098,729
Persons Voting Statewide
Persons Voting Statewide
70.56%
72.92%
Of Eligible Voting Population
Chart Title
Of Eligible Voting Population
2020(Champaign primaryCounty) election 24%
party breakdown
76%
percentage of ballots cast democrat republican
Republican
Democrat
15
AGRIBUSINESS
Sources: US Census of Agriculture; Illinois Society of Professional Farm Managers (2019)
Illinois Land Value By Class Good
Excellent
Fair
Average
Price/Acre
$12,000 $10,000 $8,000 $6,000 $4,000
2014
2013 Farmland Classification
2015
Total Value per Acre
2016
2017
Change
Avg. Rent Cost per Acre
from prior yr.
2019 Change
from prior yr.
Excellent
$9,500 - $11,500
-5.7%
$290 - $320
No Change
Good
$7,000 - $9,000
-6%
$250 - $280
No Change
Average
$5,000 - $7,000
15%
$200 - $240
No Change
AL FARM
AV G
T
S
OT
.F
2007: 1,389 2012: 1,312 2017: 1,214
ARM SIZE in acres
2007: 396 2012: 470 2017: 480
Pe
age of
ES
in dollars
2007: 224,235 2012: 323,295 a g ri
so
lt u
ral
ld
2017: 375,550
c
u
produc
ts
s
ar
m
th
at
M A R K ET V
UE AL
T.
f
ms ar
en t rc
93
16
2018
a e f a m il y f
r
*WHAT THIS MEANS:
Agriculture is a thriving industry in Champaign County and is important to the economic prosperity of our community.
Source: University of Illinois Research Park Website
ENTREPRENEURSHIP
University of Illinois Research Park incubator Notables:
2,200
Employees
66%
71%
remain in champaign county
remain in ILLINOIS
125
companies
venture capital / private equity:
$1.2 Billion Champaign county chamber of commerce business advisors council
41
Entrepreneurs received counseling during FY20 to start and grow their businesses in Champaign County.
Resulting in the opening of 6 new minority/female owned businesses.
BOTTOM LINE Supporting these growth entrepreneurs means positive payoffs when it comes to economic growth and prosperity. 17
TRANSPORTATION
Sources: Sperling’s Best Places, FlexJobs
Champaign County Commute mode choice
65.3%
drive alone
The typical American commute has been getting longer each year since 2010. The average one-way commute in Champaign County takes 15.7 minutes. That’s shorter than the US average of 26.4 minutes.
10.6%
8.5%
8.0%
2.7%
Walk
carpool
Mass transit
bicycle
Champaign County Commute Time to Work
Minutes
30-34 25-29
7.7% 6.3%
20-24
16%
15-19
21.3%
10-14
23%
6-9 >5
12.5% 4.3%
Work From Home A Closer Look:
In 2020, the COVID-19 pandemic forced many worker to switch to working remotely from home for at least part of the year (many still are). Looking forward, the pandemic will likely have a significant, long-term impact on local transportation. Here is some additional data on what working from home looked like in 2020:
80%
18
of employers planned to allow remote work during pandemic
47%
of employers planned to allow employees to work from home full-time
78%
of employers believe hybrid remote / in-person work will be long-term
Source: Willard Airport
TRANSPORTATION (CONTINUED)
Number of passengers departing from willard airport 2020
36,000 105,000
2019
109,878
2018
104,596
2017
93,136
2016
Source: University of Illinois; Champaign-Urbana Public Health District
COVID-19 QUICK FACTS
SHIELD Illinois
University of Illinois COVID-19 Saliva-Based Testing March 2020 December 2020 February 2021
0 Tests 1 Million Tests 1.49 Million Tests
March 2021
Testing Receives FDA Approval
IN CHAMPAIGN COUNTY: (Data as of March 11, 2021)
TOTAL NUMBER OF CASES
TOTAL NUMBER OF TESTS PERFORmED
18,494
1,860,560
December 15,2020
First COVID-19 vaccines administered in Champaign County.
Total COVID-19 vaccines administered in Champaign County. (Data as of March 11, 2021)
91,147 19
TOURISM
Source: Visit Champaign County
Generates Payroll
2019 2018 2017 2016
increases revenue
Tourism supports local jobs and puts money into the pockets of residents
Champaign County’s visitor industry brings in local tax revnue
3,270
$8.2 M
jobs created
Brought In
3,150
$7.6 M
jobs created
Brought In
3,140
$7.4 M
jobs created
Brought In
2,990
$5.6 M
jobs created
Brought In
Increases spending Visitors create millions in direct visitor spending
$448.7 M
in direct visitor spending
$420.5 M
in direct visitor spending
$404.4 M
in direct visitor spending
$380.1 M
in direct visitor spending
A Closer Look:
In 2019, the greater Champaign County area had the highest percentage growth in tourism spending amongst communities in Illinois. The COVID-19 pandemic has made a significant impact on our community’s tourism industry.
Here are some notable losses from 2020:
$10m
Christie Clinic Illinois Marathon
20
$482k
Big Ten Softball Championships
$313k
Ebertfest Film Festival
Sources: Niche (2020), Reviews.org (2020), Silicon Prairie, HomeSnacks.com
RECOGNITIONS
University of illinois
Champaign County
Champaign-Urbana
top public university in illinois
Best county to live in: illinois
Best college town in illinois population under 250,000
#1
#4
#1
#2
#1
#3
START-UP CITY FOR ENTREPRENEURIAL ACTIVITY
Best cities for singles in illinois
Champaign-Urbana
Urbana, Champaign
2020 Recognitions 3rd
Champaign County Best counties for young professionals in Illinois (Niche 2020)
6th
Champaign County Healthiest counties in Illinois (Niche 2020)
7th
Champaign County Most diverse county in Illinois (Niche 2020)
County 12th Champaign Best Counties for families in Illinois (Niche 2020)
21
The foundation of business
Support education, workforce and economic development through a tax deductible donation to the Champaign County Chamber of Commerce Foundation, Inc. The Foundation supports its mission by developing strategic partnerships and initiatives with schools, businesses, community leaders and other supporters. Donate Today:
www.champaigncounty.org/chamber-foundation
22
COMMUNITY
WELCOME
SERVICE
Put your marketing materials in the hands of a new resident before your competition does. The Chamber offers the most cost effective way for your company to build brand loyalty with resident newcomers. • You provide your marketing materials • The Chamber does all the work • You receive demographic information about new residents for future marketing $60 every six months. HOW DO I GET SIGNED UP? To take advantage of this program, contact the Chamber at, 217.359.1791 or info@champaigncounty.org
23
Your business Your is ourbusiness business. is our business. With more than 150 years of strength and service, Busey has your backing. With more than 150 years of strength and service, Busey has your backing.
Busey promises to partner with you to help you manage your growing business. Whether you’re Busey promises to partner with you to help you considering your first business account, a loan manage your growing business. Whether you’reto expand or developing a strong account, succession plan,towe’ll considering your first business a loan build a relationship witha you, sosuccession you don’t have expand or developing strong plan,towe’ll handle these difficult financial decisions build a relationship with you, so you don’talone. have to handle these difficult financial decisions alone.
Busey. Your Dream. Our Promise. Busey. Your Dream. Our Promise.
24
busey.com 217.365.4500
Member FDIC
