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2019 DEMOGRAPHIC PROFILE MCLEAN COUNTY CAREER LINK – MCLEAN COUNTY BLOOMINGTON-NORMAL Compiled and Published By: 115 E

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2019 DEMOGRAPHIC PROFILE MCLEAN COUNTY CAREER LINK – MCLEAN COUNTY BLOOMINGTON-NORMAL Compiled and Published By: 115 E BLOOMINGTON-NORMAL MCLEAN COUNTY, ILLINOIS 2019 DEMOGRAPHIC PROFILE MCLEAN COUNTY CAREER LINK – MCLEAN COUNTY BLOOMINGTON-NORMAL Compiled and published by: 115 E. Washington St. 1500 W. Raab Rd. Suite 2400 AREA CONVENTION AND Bloomington, IL 61701 Student Commons Building VISITORS BUREAU (309) 888-5110 Normal, IL 61761 3201 CIRA Dr. Suite #201 www.mcleancountyil.gov (309) 827-6237 Bloomington, IL 61704 www.careerlink16.com (309) 665-0033 www.bloomingtonnormalcvb.org TOWN OF NORMAL CENTRAL ILLINOIS SCORE 11 Uptown Circle Normal, IL 61761 121 N. Main St., 2nd floor STEVENSON CENTER FOR (309) 454-2444 Bloomington, IL 61701 COMMUNITY AND ECONOMIC www.normal.org (309) 664-0549 DEVELOPMENT centralillinois.score.org Illinois State University CITY OF BLOOMINGTON Campus Box 4200 Normal, IL 61790-4200 200 W. College Avenue, Suite 402 109 E. Olive St. MCLEAN COUNTY REGIONAL (309) 438-7090 Normal, IL 61761 Bloomington, IL 61701 PLANNING COMMISSION www.stevensoncenter.org 309.452.8437 (309) 434-2611 115 E. Washington St. www.bnbiz.org www.cityblm.org Bloomington, IL 61701 (309) 828-4331 MCLEAN COUNTY www.mcplan.org DON’T SEE THE INFORMATION YOU NEED? SMALL BUSINESS MCLEAN COUNTY DEVELOPMENT CENTER CONTACT US AND WE CAN HELP! CHAMBER OF COMMERCE Illinois Wesleyan University 2203 E. Empire Street 1312 Park Street, P.O. Box 2900 The EDC helps businesses in McLean County grow and Bloomington, IL 61704 Bloomington, IL. 61701 (309) 829-6344 attracts new businesses to our community. We are a (309) 556-3171 www.mcleancochamber.org leadership organization, investing our community’s www.iwu.edu/sbdc assets to improve our prosperity and quality of life. The BN Vitals data dashboard is a compilation of hundreds of data points that Cover photo: Rivian Automotive CEO RJ Scaringe presents the help policymakers, researchers, or the general user learn about the socio- economic factors in McLean County. The dashboard is maintained by the McLean R1T all-electric pickup truck model at the 2018 Los Angeles Auto County Regional Planning Commission as part of the BN Advantage economic Show. Rivian’s only production factory is located in Normal. Rivian development plan and implementation strategy. purchased the former Mitsubishi facility in 2017 and is currently preparing for production in late 2019. BNAdvantage.com Photos throughout courtesy Lyndsey Schlink and Zach Dietmeier unless otherwise noted PEOPLE MUNICIPAL POPULATION POPULATION - MCLEAN COUNTY Households McLean County is roughly the same Municipalities 2010 2018 Census 2010 2017 Anchor Village 146 141 Total Population land area as Rhode Island Arrowsmith Village 294 278 169,572 173,231 66,070 Bellflower Village 357 351 Population by Race Bloomington City 76,610 77,962 Asian 7,227 8,770 Carlock Village 552 563 Black 12,426 14,214 Chenoa City 1,785 1,737 Total Families Hispanic 7,434 8,216 Colfax Village 1,061 1,022 Cooksville Village 182 183 Other 6,979 5,757 Danvers Village 1,154 1,112 White 142,940 144,451 40,560 Downs Village 1,005 958 Population by Age Group Ellsworth Village 195 199 1,212 MI² 0-4 10,650 10,561 1,186 MI² El Paso City 2,810 2,735 5-9 10,914 10,919 Gridley Village 1,432 1,414 10-14 10,421 10,287 Average Household Size: 2.51 people Heyworth Village 2,841 2,899 15-19 14,903 14,979 Source: American Community Survey Hudson Village 1,838 1,818 20-24 20,902 21,999 Le Roy City 3,560 3,544 25-34 23,471 22,832 Lexington City 2,060 2,033 35-44 20,945 20,928 McLean Village 830 801 45-54 22,608 20,831 Normal Town 52,497 54,742 55-64 17,418 19,427 Saybrook Village 693 674 Stanford Village 596 588 65-74 9,015 11,650 Towanda Village 480 464 75-84 5,666 5,823 McLean County 169,572 172,828 85+ 2,659 2,995 State of Illinois 12,830,632 12,741,080 Median Age United States 308,745,538 327,167,434 32.1 32.7 Source: U.S. Census Bureau, 2018 American Source: ESRI & U.S. Census Bureau FactFinder Population Estimates Program 4 5 BUSINESS COUNTY EMPLOYMENT AND LABOR FORCE Labor Force Participation: 68.1% HEADQUARTERS OF: Year Labor Force Employment Unemployment Rate 2018 87,889 84,209 3,680 4.2% Working Full-Time: 60.1% 2017 88,354 84,768 3,586 4.1% MAJOR EMPLOYERS 2016 89,681 85,110 4,571 5.1% 2015 91,110 86,678 4,432 4.9% Company 2018 State Farm Insurance Co. 14,200* 2014 91,027 86,074 4,953 5.4% Illinois State University 3,319 Source: Illinois Department of Employment Security, Annual Avgs. COUNTRY Financial 2,034 BLOOMINGTON-NORMAL EMPLOYMENT BY INDUSTRY Unit 5 Schools 1,600 OSF HealthCare 1,408 2018 2017 2016 2015 2014 Advocate BroMenn Healthcare 1,337 Total Non-farm 92,200 93,500 93,200 95,200 94,400 McLean County, Government 846 Mining, Logging & Construction 2,800 2,900 2,800 2,800 2,800 Afni, Inc. 830 Manufacturing 3,000 3,300 3,400 4,700 4,900 City of Bloomington 715 U.S. HQ Transportation and Utilities 2,900 2,900 3,000 3,200 3,200 District 87 Schools 686 Wholesale Trade 2,200 2,100 2,000 2,100 2,300 Illinois Wesleyan University 510 Retail Trade 9,300 9,700 9,600 9,800 9,300 Heartland Community College 488 Information 500 600 700 800 700 GROWMARK, Inc. 482 Financial Activities 19,600 20,300 20,000 20,000 19,700 Heritage Operations Group 482 Bridgestone/Firestone Co. 451 Professional & Business Services 9,600 9,600 9,700 10,000 10,000 Stark Industries 369 Educational & Health Services 11,100 10,900 11,200 10,900 10,700 Town of Normal 367 Leisure and Hospitality 11,900 11,900 11,400 11,400 11,200 The Snyder Companies 341 Other Services 3,600 3,700 3,800 3,800 3,700 Ferrara Candy Company 325 Local Government 8,800 8,800 8,700 8,600 8,800 Illinois Farm Bureau 324 State Government 6,500 6,400 6,500 6,700 6,700 Source: HR Representatives from each company/organization. Figures are self- Federal Government 500 500 500 500 500 reported and non-scientific and not intended to Total Employer Establishments: Source: U.S. Bureau of Labor Statistics, CES Series. Measures Bloomington-Normal MSA, which includes be used as a time series. Full-time equivalents portions of DeWitt County. Numbers may not sum due to categorical overlap or rounding. (FTE). * - Reported 2018 average 3,583 6 Source: American Community Survey 7 TAXES BUSINESS PROPERTY TAX STRUCTURE RETAIL SALES Tax rates can range between $7.62 and $9.18 per $100 of equalized assessed valuation in McLean County. Equalized assessed 2018 2017 2016 2015 2014 value is equal to one-third the market value of a property as determined by the township assessor. Below are examples of Bloomington $1,423,866,716 $1,436,564,291 $1,411,396,208 $1,377,828,050 $1,331,480,719 specific tax codes from Bloomington and Normal: Normal $906,982,596 $857,442,748 $864,602,886 $885,626,112 $880,155,927 2018 % of Total 2018 % of Total McLean County $57,790,941 $54,600,534 $58,641,955 $56,909,906 $69,955,887 Bloomington Code 4001 Normal Code 3001 Total $2,388,640,253 $2,348,607,573 $2,334,641,049 $2,320,364,068 $2,281,592,533 School District #87 5.15520 61.3% School District Unit #5 5.39197 60.1% Source: Illinois Department of Revenue City of Bloomington 1.08603 12.9% Town of Normal 1.02714 11.4% AVERAGE LAND COSTS AND RENTAL RATES McLean County 0.92082 10.9% McLean County 0.92082 10.3% Land Costs in $ / square foot Rental Rates in $ / sf per year Heartland Community College 0.58150 6.9% Heartland Community College 0.58150 6.5% Low High Typical Low High Typical Lease Type Bloomington Public Library 0.26081 3.1% Normal Public Library 0.44349 4.9% Retail $4.00 $25.00 $8.00 $9.00 $35.00 $15.00 NNN BN Water Reclamation District 0.18651 2.2% Normal Township 0.23007 2.6% Office $2.50 $7.00 $4.00 $8.00 $19.00 $12.00 Modified Gross BN Airport Authority 0.09943 1.2% BN Water Reclamation District 0.18651 2.1% Commercial $1.25 $5.00 $3.50 $7.00 $10.00 $9.00 Modified Gross Bloomington Township 0.12594 1.5% BN Airport Authority 0.09943 1.1% Manufacturing/Storage $0.50 $1.75 $1.75 $3.00 $5.00 $3.50 Modified Gross Township Road District 0.09177 1.0% Agricultural $0.11 $0.28 $0.23 Totals 8.41624 100.0% Totals 8.97270 100.0% Development $0.23 $2.30 $1.15 Source: Coldwell Banker The Real Estate Group® Figures are not binding. Estimates are derived from local market data covering 2017-2018. Source: McLean County Office of Assessments and Illinois Department of Revenue STATE OF ILLINOIS TAXES Corporate Income Tax. Calculated from reported federal income. The rate is 7.75% based on a 7% income tax and 2.5% replacement tax. Sales/Use Tax. Illinois state sales tax of 6.25% is imposed on the purchase price of tangible personal property for use or consumption. The local muncipality typically imposes an additional levy, which can vary. Property Tax. The State of Illinois levies no property taxes.
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