Limestone township-Peoria County Illinois Income Charts

This section shows the Limestone township-Peoria County Illinois economy using the most recent economic analysis from the 2019 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Limestone township-Peoria County shows it has a median earnings per worker of $41,848 which is the third most median earnings of all other places in the greater Limestone township-Peoria County region. The city with the highest median earnings per worker in the area is Lake Camelot CDP which shows a median earnings of $62,946 (50.4% larger). Comparing median earnings per worker to the United States average of $47,712, Limestone township-Peoria County is about 14.0% smaller. Also, versus the state of Illinois, median earnings per worker of $51,263, Limestone township-Peoria County is about 22.5% smaller.

In Figure 2 a more complete view of income is shown which aggregates income from all members in the household and it has a median household income of $60,435 which is the second most of all the places in the local area. The city with the highest median household income in the area is Lake Camelot CDP which shows a median income of $107,905 (78.5% larger). Comparing median household income to the United States average of $60,293, Limestone township-Peoria County is about the same size. Also, measured against the state of Illinois, median household income of $63,575, Limestone township-Peoria County is only about 5.2% smaller.

The next section examines a variety of different income statistics for the Limestone township-Peoria County metropolitan area. In Figure 3 we see that it has the percentage of earnings of $100,000 more in the mid range of other places in the local area at 5.4% of the total.

Figure 5 has the Average number of hours worked in a typical work week during the year, it has an average hours of 37.4 which is in the mid range of other places in the surrounding region. The city with the highest average hours in the area is Norwood which depicts an average hours of 38.3 ( only slightly larger). Dividing median annual worker earnings by the average number of hours worked in a year in Figure 6 shows that it has an average hourly earnings of $21.52 which is the third most average hourly earnings of all other places in the greater Limestone township-Peoria County region. The city with the highest average hourly earnings in the area is Lake Camelot CDP which depicts an average hourly earnings of $31.69 (47.3% larger). Comparing average hourly earnings to the United States average of $23.71, Limestone township-Peoria County is about 10.2% smaller. Also, versus the state of Illinois, average hourly earnings of $25.61, Limestone township-Peoria County is about 19.0% smaller.

Figure 7 examines the number of self employed people in the Limestone township-Peoria County metro area based on the number of people who reported any self employment income. Limestone township-Peoria County depicts it has a percentage of people self employed of 7.3% which is the third most people self employed of all other places in the greater Limestone township-Peoria County region. The city with the highest percentage of people self employed in the area is West Peoria which depicts a percentage self employed of 9.4% (28.8% larger).

Turning our attention to Figure 8, the median household income by age group, it has one of the largest proportions of median income-under 25 years at $28,750 of the total and is ranked #2. The only larger city being Bartonville with $41,000. Second, it has one of the largest proportions of median income-25 to 44 years at $63,782 of the total and is ranked #2. The only larger city being Lake Camelot CDP with $100,921. Third, it has one of the largest proportions of median income-45 to 64 years at $71,500 of the total and is ranked #3. Only #2 Norwood ($73,750), and #1 Lake Camelot CDP ($109,865) are larger. Also, it has one of the largest proportions of median income-65 years and over at $44,043 of the total and is ranked #2. The only larger city being Bartonville with $48,456.

The next chart (Figure 11) shows the percentage of households that had retirement income over the last 12 months and it has a households with retirement income of 27.3% which is at the top of all other places in the greater Limestone township-Peoria County region.

In the next chart, Figure 12, the median family income is shown for families broken down by racial group and it has one of the largest proportions of overall family income at $70,562 of the total and is ranked #2. The only larger city being Lake Camelot CDP with $111,250. Second, it has one of the largest proportions of white family income at $70,506 of the total and is ranked #2. The only larger city being Lake Camelot CDP with $111,250. Third, it has the largest proportion of black family income at $61,875 of the total and is ranked #1. Also, it has the largest proportion of hispanic family income at $89,861 of the total and is ranked #1.

Figure 13 shows the cost of living and other consumer spending categories for a variety of cost components from the Bureau of Labor Statistics. Limestone township-Peoria County shows it has the hightest cost of 101.4 for the cost of transportation classification.

Limestone township-Peoria County Illinois Labor Force Charts

The next two charts look at very recent, monthly trended employment related performance using data estimated by economists at the Bureau of Labor Statistics (BLS). The BLS tracks unemployment statistics for a large number of areas throughout the country on a month to month basis. However, not every location in the U.S. is tracked by the BLS so the chart will only show the closest location available (which may be the same location.) Figure 14 shows the monthly unemployment rate for the area as well as a comparison to the overall national economy measure for the United States. Note that in March to April 2020, the Covid 19 recession or great recession occurred and affects this metric. It shows that from February 2010 to before the disasterous COVID-19 Pandemic the monthly unemployment rate went from 12.2% to 5.3% in December 2019. This represents a decrease in the monthly unemployment rate of 56.6%. Since that time, the monthly unemployment rate has gone to 5.3% This represents an increase in the monthly unemployment rate of very little. In Figure 15 the monthly labor force participation which are people actively looking for work are also defined as unemployed but do not include people who have given up looking for work. It shows that from January 2010 to before the disasterous COVID-19 Pandemic the monthly labor force participation went from 56,805 to 51,004 in November 2019. This represents a decrease in the monthly labor force participation of 10.2%. Since that time, the monthly labor force participation has gone to 51,004 This represents an increase in the monthly labor force participation of very little.

The next two charts look at the annual unemployment rate/eligible for unemployment benefits and is based on the American Community survey. Figure 16 shows Limestone township-Peoria County depicts it has an unemployment rate of 3.3% which is in the mid range of other places in the greater region. The city with the highest unemployment rate in the area is Bellevue which shows a rate of 4.8% (44.8% larger). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Limestone township-Peoria County shows it has a participation rate of 64.2% which is the second smallest when ranked by participation rate of all the other places in the local area.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Limestone township-Peoria County shows full time employees approximately 3.1 times bigger as the part time employees.

The next employment related data item is shown in Figure 21 which is the percentage of families with only a single earner in the greater Limestone township-Peoria County area. Limestone township-Peoria County depicts it has a families with a single earner of 27.6% which is in the mid range of other places in the greater region. The city with the highest families with a single earner in the area is Creve Coeur which shows a single earners rate of 36.0% (30.4% larger). The percentage of families with no one working is depicted in Figure 22. Limestone township-Peoria County indicates it has a families with no one working of 20.7% which is less than most other places in the local area. The city with the highest families with no one working in the area is Norwood which shows a families with no worker of 26.3% (27.0% larger).

Limestone township-Peoria County Illinois Poverty Charts

The next section details economy analysis about poverty for residents of the Limestone township-Peoria County community. This performance can be enhanced by government programs such as economic opportunity zone to influence manufacturing, job growth, economic opportunity an hopefully lead to economic recovery after the recent Covid 19 recession. In Figure 23 the total number of people earning less than the poverty level are shown. Limestone township-Peoria County shows it has a total people earning less than the poverty level of 1,519 which is the highest of all places in the greater Limestone township-Peoria County region.

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Limestone township-Peoria County depicts it has a percent of people earning less than the poverty level of 8.2% which is in the center range of other places in the metro area. The city with the highest percent of people earning less than the poverty level in the area is West Peoria which shows a percent of people in poverty of 18.2% (approximately 2.2 times bigger).



The next chart, Figure 26, shows the percentage of people in poverty by racial group. Limestone township-Peoria County has one of the largest proportions of american indian poverty rate at 25% of the total and is ranked #2. The only larger city being Bellevue with 100%.

Figure 27 shows key poverty statistics for groups based on marriage status. Limestone township-Peoria County has the percentage of married with children and in poverty in the center range of other places in the greater region at 2% of the total. Second, it has one of the largest proportions of unmarried with children and in poverty at 22% of the total and is ranked #3. Only #2 Bartonville (23%), and #1 West Peoria (38%) are larger. Third, it has one of the largest proportions of unmarried female with children and in poverty at 27% of the total and is ranked #2. The only larger city being West Peoria with 58%. Figure 29 looks at only those people who make less than the poverty level of income and breaks down there employment status. Limestone township-Peoria County has one of the largest proportions of people who are in poverty and unemployed at 12.4% of the total and is ranked #2. The only larger city being Norwood with 12.5%. Additionally, Figure 30 looks at the percentage of people who receive some form of public assistance including general assistance, temporary assistance or food stamps (i.e. SNAP.) Limestone township-Peoria County shows it has a households with public assistance of 9.1% which is less than most other places in the greater region. The city with the highest households with public assistance in the area is Creve Coeur which depicts a households with public assistance of 23.8% (approximately 2.6 times bigger).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Limestone township-Peoria County depicts it has a the gini index of 37.6% which is in the mid range of other places in the metro area.

Limestone township-Peoria County Illinois Work Commute Charts

The next graph in Figure 36 shows the average number of minutes that it takes for people to commute to work. Limestone township-Peoria County has one of the largest proportions of people with commute time between 5 to 9 minutes at 9% of the total and is ranked #3. Only #2 Bartonville (11%), and #1 West Peoria (13%) are larger. Second, it has the largest proportion of people with commute time between 45 to 59 minutes at 3% of the total and is ranked #1.

The average commute time is shown in Figure 37. Limestone township-Peoria County depicts it has an average commute time of 22 which is the second smallest when ranked by average commute time of all the other places in the local area. Figure 38 shows the difference between male versus female commuting time. Limestone township-Peoria County shows average commute time in minutes for men 6.2% larger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Limestone township-Peoria County has the percentage of 1 vehicle available less than most other places in the greater region at 16% of the total. Second, it has one of the largest proportions of 4 vehicles available at 9% of the total and is ranked #3. Only #2 Norwood (9%), and #1 Creve Coeur (10%) are larger. Third, it has one of the largest proportions of 5 or more vehicles available at 5% of the total and is ranked #2. The only larger city being Norwood with 6%. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) Limestone township-Peoria County depicts it has a people who both work and live in the same city of 14% which is the third most people who both work and live in the same city of all other places in the greater Limestone township-Peoria County region. The city with the highest people who both work and live in the same city in the area is Bellevue which shows a people who both work and live in the same city of 17% (19.5% larger). Comparing people who both work and live in the same city to the United States average of 42%, Limestone township-Peoria County is approximately a third the size. Also, compared to the state of Illinois, people who both work and live in the same city of 38%, Limestone township-Peoria County is approximately a third the size.

Limestone township-Peoria County Illinois Jobs Charts

The next to charts break out the median earnings for major job categories for men and women. Figure 46 shows the median earnings of men for the job categories. Limestone township-Peoria County shows it has the hightest median earnings of $80,000 for the management, business, and financial occupations category. Similarly, Figure 47 shows the median earnings of women for the job categories and Limestone township-Peoria County shows it has the hightest median earnings of $70,404 for the management, business, and financial occupations classification. The table in Figure 48, shows Limestone township-Peoria County employment data in terms of job categories and salary data.

Limestone township-Peoria County Illinois Self Employment Charts

Figure 49 shows economic activity in terms of the number of people who are self employed in incorporated local business by industry. Limestone township-Peoria County shows it has the hightest entrepreneurs of 31% for the self employed in sales and office related businesses grouping.

Similar to the last chart is Figure 50 which shows the number of people who are self employed but in more detailed industry categories such as manufacturing, retail sales, residential real estate, commercial real estate, health care, exports/imports, and advanced industries, etc. Limestone township-Peoria County depicts it has the hightest entrepreneurs of 20% for the self employed in construction category.

In Figure 51 the average annual self employment/entrepreneur income is shown. Limestone township-Peoria County shows it has an average annual self employment income of $24,842 which is less than most other places in the surrounding region. The city with the highest average annual self employment income in the area is Lake Camelot CDP which depicts an average annual self employment income of $156,081 ( markedly bigger). Comparing average annual self employment income to the United States average of $37,819, Limestone township-Peoria County is approximately three-fourths the size. Also, in comparison with the state of Illinois, average annual self employment income of $37,670, Limestone township-Peoria County is approximately three-fourths the size.

Figure 52 shows the difference between the number of self employed men and self employed women (i.e. entrepreneurs.) Limestone township-Peoria County depicts total number of self-employed men 54.7% larger as the total number of self-employed women.