2021 Trends Report by Champaign County Chamber of Commerce

2021

Trends Report

Volume 7

DO YOU H AV E UNS KIL L ED W ORKE R S ?

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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.

*“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

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.

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.

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

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

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

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.

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

ECONOMY

Source: Sperling’s Best Places (2019), taxfoundation.org (2020)

CHAMPAIGN COUNTY TAXES Income Tax 5 Percent Property Tax 2 Percent

Champa i

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

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

ATTRACTIVE COMMUNITY WORKFORCE ATTRIBUTES:

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%

50 $8,909

2.3% 0.7%

Champaign

Cook

Will

Moultrie

-1.3%

Illinois Avg.

$922

$282 Champaign

Cook

Will

$215 Illinois Avg.

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

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:

5,666,118

6,098,729

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

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

2007: 1,389 2012: 1,312 2017: 1,214

ARM SIZE in acres

2007: 396 2012: 470 2017: 480

age of

in dollars

2007: 224,235 2012: 323,295 a g ri

lt u

ral

2017: 375,550

produc

M A R K ET V

UE AL

ms ar

en t rc

2018

a e f a m il y f

*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

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%

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

$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

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)

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

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

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