2022 Trends Report

Page 1

2022

Trends Report

Volume 8

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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 eighth 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, the local marketplace and local demographics helps 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 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 Engagement...................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 2021 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

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POPULATION

Sources: US Census Bureau (2020)

By county:

2020

2019

2018

2017

Champaign

205,865

209,689

209,983

209,399

DeWitt

15,516

15,638

15,769

15,942

Douglas

19,740

19,465

19,479

19,748

Ford

13,534

12,961

13,264

13,280

170,954

171,517

172,828

172,290

16,673

16,344

16,396

16,445

McLean Piatt

Population Percent Change

Population percent change represents the percentage of change for each county between 2019 and 2020.

-1.8%

+0.8%

Champaign DeWitt

• • •

4

+1.4%

+4.4%

-0.3%

+2.0%

Douglas

Ford

McLean

Piatt

WHAT THIS MEANS:

The pandemic has effected populations across Central Illinois and nationally. Remote work has made it easier for people to move to different communities. Although Champaign County saw the largest decrease between 2019 and 2020, it still remains the largest community in Central Illinois.


POPULATION UIUC TOTAL STUDENT POPULATION Sources: UIUC Division of Management Information (2018)

60,000

52,331 56,257 49,339

50,000

51,196 44,542 42,883

40,000

47,826

43,603 41,949

2010

2012

2014

2016

2017

2018

2019

2020

2021

CHAMPAIGN COUNTY STUDENTS AT UIUC 5,000 4,000 3,000

4,014 3,164

2,775

2,428

2,825 2,601 2,489 2,584 2,822

2,000 2004 2007 2010 2016 2017 2018 2019 2020 2021

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 increases in 2020 and 2021 amid the COVID-19 pandemic.

5


DEMOGRAPHICS Chart Title

Sources: US Census Bureau (2020), datausa.io

2% Other 6% Hispanic 11% Asian

Race

14% Black

67% White

ChartBlack Title Asian

White

Hispanic

Other

13% - 65+ 5% Under 5 19% 5-18

age

67% 18-65

5 to 18 MEDIAN AGE: 18-65 30.1

Under 5

65+

Chart Title

WHAT THIS MEANS: CHAMPAIGN COUNTY IS A YOUNG, DIVERSE POPOULATION IN THE HEART OF CENTRAL ILLINOIS. Chart Title 3.5% Widowed

50% Male

50% Female

38% Married

Sex

49% Never Married

Marital Status

9.5% Divorced

6

Male

Female

Married

Divorced

Never Married

Wid


Sources: US Census Bureau (2020), Bureau of Labor Statistics (2020)

$30,578

Champaign County Per Capita Income

INCOME

$52,797

Median Household Income

annual mean wage by occupation OCCUPATION

ILLINOIS

U.S.

Management

$125,330

$126,480

Business and Finance

$80,390

$80,680

Computer and Mathematics

$93,320

$96,770

Architecture and Engineering

$86,820

$90,300

Life, Physical, and Social Sciences

$77,290

$79,360

Community and Social Service

$52,550

$52,180

Legal Occupations

$120,740

$112,320

Education, Training and Library

$58,050

$59,810

Arts, Design, Entertainment

$58,890

$64,400

Healthcare Practitioners/Technicians

$82,680

$85,900

Healthcare Support

$32,610

$32,250

Protective Services

$57,260

$52,220

Food Preparation & Serving

$26,270

$27,650

Building and Grounds Maintenance

$33,410

$32,760

Personal Care & Service

$32,670

$32,610

Sales and Related Occupations

$46,280

$45,750

Office and Administrative Support

$43,400

$42,390

Farming, Fishing & Forestry

$36,780

$33,310

Construction and Extraction

$70,430

$53,940

Installation, Maintenance & Repair

$54,640

$52,360

Production Occupations

$41,710

$41,760

Transportation and Material Moving

$41,830

$39,680

*Income measured by annual mean wage

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QUICK FACTS

Sources: US Census Bureau (2019), Champaign County RPC (2020)

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 14,817 Carle and Health Alliance

6,921

Champaign Unit 4 School District

2,088

Champaign County Government

1,173 1,044

Urbana School District #116 Parkland College Christie Clinic

8

1,012 916

FedEx

815

OSF Healthcare

774

Plastipak

735


Sources: University Science and Technology Coalition (2018), shieldillinois.com

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.

In Practice: At the height of the COVID-19 pandemic, the University of Illinois at Urbana-Champaign developed covidSHIELD, a saliva-based testing system that generates results within 24 hours. The development of covidSHIELD allowed the university to maintain in-person learning for much of the 2020-2021 school year. In March 2021, the University of Illinois System received emergency use authorization (EUA) from the U.S. Food and Drug Administration (FDA) for the covidSHIELD testing procedure. Since it’s development, covidSHIELD has been used in over 1,700 schools colleges and universities as well as 28 different community testing sites across the state. 9


WORKFORCE 11% 10% 9% 8% 7% 6% 5% 4% 3% 2% 1%

Sources: US Census Bureau, US Bureau of Labor Statistics, Illinois Department of Empoyment Security, USAWage.com, datausa.io

Unemployment Rates (Champaign County) 2020 Average unemployment rate for Champaign County in 2021 2019 was 3.8%

Jan. feb. mar. apr. may June July aug. Sept. oct. Nov. Dec. Percent of Champaign County population (16 years +) in civilian labor force

62%

A Closer Look: Champaign County has a diverse Chart Titlejob market. The COVID-19 Chart Title pandemic shifted the availability and popularity of jobs in certain industries.

Most Common Jobs

State of Illinois EMployment Projections to 2026

The most common jobs held by residents of Champaign County (by number of employees) are education instruction & library occupations(13,57people),oce & administrative support occupations (11,397 people) and management occupations (9,618 people).

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% Services Education Health Care Hospitality - 10.6% Other - 4.2% Other

10

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.


EDUCATION k - 12 Student Demographic By District: Source: Illinois At-A-Glance Report Card (2021)

%

10

20

30

40

50

60

70

80

90

100

White: 32.2%

Champaign: Black: 37%

Hispanic: 13.5% Asian: 8.6%

Other: 8.7%

White: 86%

Mahomet:

Black: 1% Hispanic: 4.9% Asian 2%: Other: 6.1% White: 39.8%

Rantoul:

Black: 24% Hispanic: 28.4% Asian: 0.5% Other: 7.3% White: 29.6%

Urbana:

Black: 38.4% Hispanic: 16.5% Asian 4.5% Other: 11%

White: 94.3%

St. Joseph:

Black: 2% Hispanic: 2.1% Asian 1%: Other: 0.6%

White: 93.4%

Fisher:

Black: 0.9% Hispanic: 1.9% Asian 0.9%: Other: 2.9%

Percent of Students

4-Year high school Graduation Rate (2021) 100

83% 88%

87% 88%

82% 88%

87% 88%

Rantoul

Urbana

96%

88%

91% 88%

50

Champaign Mahomet

District

State

St. Joesph

Fisher

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ECONOMY

Source: taxfoundation.org (2021), salestaxhandbook.com (2022)

CHAMPAIGN COUNTY TAXES Income Tax

4.95%

Property Tax

2%

Sales Tax

City

Urbana Champaign Rantoul Ogden Savoy Saint Joseph Fisher

1.50 1.50 1.50 1.00 1.50 0.50 0.00

ce

$

ur

Champa i

r

ev

est arg

County’s l gn

enue so

State (6.25%) & County (1.25%)

Total 9.00 9.00 9.00 8.50 9.00 8.00 7.50

ILLINOIS

U.S.A.

CHICAGO

AVERAGE SALES TAX

AVERAGE SALES TAX

CITY SALES TAX

8.81% 12

Add

7.4%

10.25%


ECONOMIC DEVELOPMENT CHAMPAIGN COUNTY MSA Sources: Census.gov, Sperlings’s Best Places, FRED.org

(metropolitan statistical area)

Total Employer Establishments (2021) 4,232 Total Employment (2021) 59.1% Total Annual Payroll (2021, $1,000) 2,840,445

CLASS OF WORKER IN CHAMPAIGN COUNTY: PRIVATE WORKERS - 55% GOVERNMENT WORKERS - 27% NOT-FOR-PROFIT WORKERS - 11% SELF EMPLOYED (NOT INCORPORATED) - 5% SELF EMPLOYED (INCORPORATED) - 2%

CHAMPAIGN COUNTY’S JOB MARKET HAS INCREASED BY 2.2% OVER THE LAST YEAR.

GROSS DOMESTIC PRODUCT (2020)

BLOOMINGTON (MSA) $12 MILLION

WILL COUNTY $35 MILLION

CHAMPAIGNURBANA (MSA) $12 MILLION

COOK COUNTY $407 MILLION

ILLIINOIS $858 MILLION

UNITED STATES $24 BILLION (Q4 2021)

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REAL ESTATE

Source: Redfin.com

Median SALE PRICE AND YEar-over-Year change Champaign

Urbana

Rantoul

Mahomet

Savoy

Median Sale Price

$173,250

$178,000

$73,000

$317,500

$315,500

Year-Over-Year Change

+0.1%

+21.1%

-10.4%

+2.4%

+18.1%

St. Joseph

Tolono

Ogden

Philo

Thomasboro

Median Sale Price

$258,000

$168,000

$187,000

$100,000

$128,000

Year-Over-Year Change

+34.4%

+13.2%

+157.9%

-50.2%

+133.0%

home value index of champaign county 180k 170k 160k 150k 140k 130k 2013

2014

2015 2016

2017 2018

2019 2020 2021 2022 (Jan.)

14


Sources: Champaign County Clerk, Illinois State Board of Elections

Voter Turnout

POLITICAL ENGAGEMENT Total Registered Voters

Total Ballots Cast

(Champaign County)

140,000

127,848 128,252

124,057

119,538

120,000

96,185

100,000 80,112

80,000

34,497 17,266 2018 2019 2020 General Election Consolidated Election Primary Election

2020 General Election*

2018

2020

General Election:

General Election:

4,635,541

6,098,729

Persons Voting Statewide

Persons Voting Statewide

57.23%

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

$14,000

Excellent

Price/Acre

$12,000

Good

$10,000

Average Fair

$8,000 $6,000

Farmland Classification

20

19

Change

from prior yr.

20

20

17

18

20

16

Total Value per Acre

20

15

20

14

20

20

12 20 13

11

20

20

20

10

$4,000

Avg. Rent Cost per Acre

from prior yr.

Change

Excellent

$9,500 - $11,500

+2.3%

$290 - $325

Up to 5%

Good

$7,000 - $9,000

+1.4%

$250 - $290

Up to 5%

Average

$5,000 - $7,000

-1.4%

$220 - $260

Up to 5%

Data from ASFMRA Region 5 in Illinois

AG quick facts Champaign County: $375,322

2nd

(in thousands of dollars) Total cash receipts from agricultural products in 2019.

in corn production in the state of Illinois

12,551 lbs

of honey produced in Champaign County in 2019

3rd

in soybean production in the state of Illinois

WHAT THIS MEANS:

Agriculture is a thriving industry in Champaign County and is important to the economic prosperity of our community.

16


Source: University of Illinois Research Park Website

ENTREPRENEURSHIP

University of Illinois Research Park incubator Notables:

2,200

Employees

875

Student Employees

71%

remain in ILLINOIS

120+

companies

venture capital / private equity:

$1.2 Billion

Champaign county chamber of commerce business advisors council

28

Entrepreneurs received counseling during FY21 to start and grow their businesses in Champaign County.

BOTTOM LINE Supporting these 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 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.

65.3%

drive alone

10.6%

8.5%

8.0%

Walk

carpool

Mass transit

Champaign County Commute Time to Work

4.2%

Work from Home

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 workers to switch to working remotely from home for at least part of the year (many still are). Looking forwar Here is some additional data on what working from home looked like in 2021:

#4

18

#11

4.9%

Illinois ranks fourth for Champaign ranks Illinois’ remote worker most remote jobs in the eleventh in remote worker population is 4.9 percent United States population in Illinois of the total population


Source: Willard Airport

TRANSPORTATION (CONTINUED)

Number of passengers departing from willard airport 2021 2020

53,375

36,000 105,000

2019

109,878

2018

104,596

2017

93,136

2016

Source: University of Illinois; Champaign-Urbana Public Health District

SHIELD Illinois

COVID-19 QUICK FACTS

University of Illinois COVID-19 Saliva-Based Testing received FDA approval in March of 2021. Since then, the number of tests processed by SHIELD has continued to increase: March 2020 December 2020 February 2021 March 2022

0 tests 1 million tests 1.49 million tests Over 4 million tests

IN CHAMPAIGN COUNTY:

TOTAL NUMBER OF CASES March 2020: 18,494 March 2021: 61,687

December 15, 2020

TOTAL NUMBER OF TESTS PERFORmED March 2020: 1,860,560 March 2021: 3,515,139 First COVID-19 vaccines administered in Champaign County.

Percent of the eligible population that has been fully vaccinated with a COVID-19 vaccine: (Data as of March 7, 2022)

67% 19


TOURISM

Source: Visit Champaign County

2019-2020 Tourism impact

Generates Payroll

increases revenue

Increases spending

Tourism supports local jobs and puts money into the pockets of residents

Champaign County’s visitor industry brings in local tax revnue

Visitors create millions in direct spending

3,270 jobs

$8.2 M in tax revenue

$448.7 M visitor spending

A Closer Look:

In 2019, the greater Champaign County area had the highest percentage growth in tourism spending among communities in Illinois. The COVID-19 pandemic has made a significantimpactonourcommunity’stourismindust

Here are some notable losses from 2020:

$10 m

$482 k

Christie Clinic Illinois Marathon

Big Ten Softball Championships

Hotel Occupancy 63.1%

58.8%

20

June 2020

Ebertfest Film Festival

looking forward

38%

June 2019

$313 k

June 2021

Industry experts expect a complete return to normal for tourism by 2025


Sources: Niche (2021), 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

#7

#2

#1

#3

START-UP CITY FOR ENTREPRENEURIAL ACTIVITY

Best cities for singles in illinois

Champaign-Urbana

Urbana, Champaign

2021 Recognitions 4th

Champaign County Best counties for young professionals in Illinois (Niche 2021)

4th

Champaign County Best county to live in Illinois (Niche 2021)

6th

Champaign County Most diverse county in Illinois (Niche 2021)

County 11th Champaign Best counties for families in Illinois (Niche 2021)

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SINCE

BCA

1975

BERNS, CLANCY AND ASSOCIATES, P.C. ENGINEERS

SURVEYORS

PLANNERS

405 EAST MAIN STREET POST OFFICE BOX 755 URBANA, ILLINOIS 61803 - 0755 PHONE: 217 / 384 - 1144 FAX: 217 / 384 - 3355 WEB: www.bernsclancy.com

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DO YOU

LOCAL?

Shop Champaign County Gift Card Program PRESENTED BY:

The Chamber is making it easier than ever for you to shop local with the launch of our new Shop Champaign County gift card program. The new Shop Champaign County gift card can be used at any local business that accepts Mastercard. There are no hoops for businesses or the card owner to jump through to keep the money local. If your company supports local spending and wants to promote this important message year-round, then there is a sponsorship opportunity available to demonstrate you are a community champion for keeping our dollars local. You sponsor, we promote you and money stays local. Featured Business - $115 for six months or $200 for 12 months Logo listed on shop local card order page as a featured business Chamber will promote card and feature sponsoring businesses through emails, website, social media posts, Commerce Connection magazine, mailers, and more Chamber will provide featured businesses with a marketing toolkit to help promote the program, including a door decal letting people know to use their Shop Champaign County card in your location.

Shop Local Champion Sponsors:

Learn more at https://www.champaigncounty.org/news/ 23


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