Champaign Market Information
Located in east-central Illinois, the twin cities of
Champaign and
Urbana offer an excellent environment for small businesses and international corporations. The area is headquarters to many major manufacturers/distributors (Kraft, Humko, Solo Cup, etc),
Carle and
Provena Covenant medical centers, and numerous wholesalers and retailers. Home to more than 100,000 residents, Champaign-Urbana is continuing to expand. One three month period alone saw the addition of over 600,000 square feet of retail.
Unemployment levels in the twin cities are consistently among the lowest in the state, and the area continues to grow as one of the nation's most economically sound areas.
A large part of this success is the
University of Illinois at Urbana-Champaign, the area's largest employer, who employs about 20,000 area people. Approximately 28,000 undergraduates and 10,000 graduate students flock to Champaign-Urbana every year, giving the cities a consistent economic base, regardless of the state of the country's overall economy. The University's annual budget is about $1 billion, and the campus is perpetually expanding, with new construction projects appearing every year. The school, along with its various sports programs, attracts large groups of people throughout the year.
Click here for more information on Champaign, IL.
Click here for more information on Urbana, IL.
Other communities in the Champaign Market:
Danville, Rantoul,
Mahomet, Monticello, St Joseph, Odgen, Savoy, Tolono, Homer, Villa Grove, Tuscola, Arcola.
Champaign County Demographics
| Population, 2004 estimate |
 |
184,369 |
| Population, % change, 4/1/00 to 7/1/04 |
|
2.6% |
| Population, 2000 |
|
179,669 |
| Persons under 5 (2000) |
|
5.8% |
| Persons under 18 (2000) |
|
21.0% |
| Persons 65 and over (2000) |
|
9.7% |
| Persons, female (2000) |
|
49.7% |
|
|
|
| Living in same house in 1995 & 2000 |
|
42.5% |
| High school graduates, % of persons age 25+ (2000) |
|
91.0% |
| Bachelor's degree or higher, % of persons age 25+ (2000) |
|
38.0% |
| Mean travel time to work (minutes), workers age 16+ (2000) |
|
16.8 |
|
|
|
| Housing units (2002) |
|
77,236 |
| Homeownership rate (2000) |
|
55.7% |
| Housing units in multi-unit structures, % (2000) |
|
35.6% |
| Median value of owner-occupied housing units (2000) |
|
$94,700 |
|
|
|
| Households (2000) |
|
70,597 |
| Persons per HH (2000) |
|
2.33 |
| Median HH income (1999) |
|
$37,780 |
| Per capita money income (1999) |
|
$19,708 |
| Persons below poverty, % (1999) |
|
16.1% |
|
|
|
| Private nonfarm establishments w/paid employees (2001) |
|
4,097 |
| Private nonfarm employment (2001) |
|
71,162 |
| Private nonfarm employment, % change 2000-2001 |
|
0.7% |
| Nonemployer establishments (2000) |
|
9,498 |
| Manufacturers shipments, 1997 ($1000) |
|
2,689,516 |
| Retail sales, 1997 ($1000) |
|
1,556,747> |
| Retail sales per capita (1997) |
|
$9,131 |
| Housing units authorized by building permits (2002) |
|
1,480 |
| Federal funds and grants, 2002 ($1000) |
|
929,056 |
|
|
|
| Land area (square miles) |
|
997 |
| Persons per square mile (2000) |
|
180.2 |
| FIPS Code |
|
019 |
Distance To Major Markets
Chicago: 136
Louisville: 226
Cincinnati: 224
Memphis: 394
Cleveland: 438
Milwaukee: 223
Columbus: 289
Minneapolis: 518
Des Moines: 356
Nashville: 414
Detroit: 398
Peoria: 95
Indianapolis: 120
St Louis: 165
Kansas City: 396
Springfield: 86
