Champaign County, Illinois: commercial real estate data.
Champaign County, Illinois has a population of 208,741 across 996 square miles, up 2.9 percent since the 2020 census base. County output reached $15.45 bn in 2024, 4,237 establishments operate here, and the SBA record carries 145 7(a) approvals worth $87.6 m.
129 sourced county values · tier FULL · 12 sections
Champaign County
How many people live in Champaign County
- Population208,741
- Households85,472
- Average household size2.44
- Median household income$63,683
- Median age30.7
- Median gross rent$1,051 per month
- Median owner-occupied home value$211,500
- Home value to household income3.3 times
- Annual rent as a share of median income19.8 percent
- Adults 25 and over with a bachelor degree or higher46.2 percent
- Adults 25 and over with a graduate degree25.3 percent
- Adults 25 and over121,243
- Population under 1839,863
- Share under 1819.1 percent
- Population 65 and over28,984
- Share 65 and over13.9 percent
- Working age population, 18 to 64139,894
- Civilian labor force104,876
- Unemployment rate4.3 percent
- Labor force participation, adults 18 and over62.1 percent
- Rank by population among Illinois counties10th of 102
- Rank by population among US county-equivalents335th
Champaign County is the 10th largest of 102 Illinois counties by population. A median home costs 3.3 times median household income, which is an affordable ownership market by national standards. Residents under 18 outnumber those 65 and over, at 19.1 percent against 13.9 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Champaign County
Is Champaign County growing
- Population change since the 2020 census base2.87 percent
- Census 2020 base population206,455
- Births, 20241,982
- Deaths, 20241,514
- Natural change, 2024468
- Net domestic migration, 2024-3,475
- Net international migration, 20245,556
- Total net migration, 20242,081
- Cumulative net domestic migration, 2021 to 2024-10,077
- Rank by growth among US county-equivalents904th
The county has grown 2.87 percent since the 2020 census base. Migration contributed more to 2024 change than births over deaths, so demand here follows people arriving rather than families forming.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Champaign County
Where people moving to Champaign County come from
- Tax returns filed by households arriving4,865
- People arriving, from those returns7,598
- Adjusted gross income arriving$265.2 m
- Net adjusted gross income movement$0
- Average income of an arriving household$54,503
- Largest single originChampaign County Non-migrants (69,049 households)
- Largest single destination (69,049 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Champaign County Non-migrants | 69,049 | 133,979 | $6.38 bn |
| Other flows - Different State | 1,998 | 3,156 | $124.8 m |
| Other flows - South | 766 | 1,224 | $44.6 m |
| Other flows - Midwest | 656 | 1,088 | $36.4 m |
| Cook County | 563 | 870 | $25.6 m |
| Other flows - Same State | 367 | 549 | $18.3 m |
| Other flows - West | 345 | 531 | $25.2 m |
| Vermilion County | 243 | 436 | $8.8 m |
The largest single source of arrivals is Champaign County Non-migrants, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Champaign County
What the Champaign County economy runs on
- County GDP, 2024$15.45 bn
- County GDP, 2023$14.82 bn
- GDP change, 2023 to 20244.3 percent
- GDP change over five years31.6 percent
- Rank by GDP among Illinois counties13th
- Rank by GDP among US county-equivalents322nd
- GDP per resident$74,013
Output grew 4.3 percent in the latest year and 31.6 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Champaign County
Who employs people in Champaign County
- Covered employment, annual average94,777
- Establishments reporting4,160
- Average annual pay$64,216
- Average weekly wage$1,235
- Sector 62, employment16,021
- Sector 62, average annual pay$83,961
- Sector 44-45, employment9,246
- Sector 44-45, average annual pay$33,889
- Sector 72, employment9,017
- Sector 72, average annual pay$23,750
- Sector 31-33, employment7,082
- Sector 31-33, average annual pay$62,403
- Sector 23, employment3,558
- Sector 54, employment3,206
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 62 | 16,021 | 407 | $83,961 |
| Sector 44-45 | 9,246 | 520 | $33,889 |
| Sector 72 | 9,017 | 510 | $23,750 |
| Sector 31-33 | 7,082 | 156 | $62,403 |
| Sector 23 | 3,558 | 355 | $74,012 |
| Sector 54 | 3,206 | 440 | $84,505 |
| Sector 56 | 3,057 | 198 | $46,447 |
| Sector 48-49 | 2,812 | 123 | $48,605 |
The largest sector is the biggest private employer group at 16,021 jobs, 16.9 percent of covered employment. Average pay per job exceeds median household income, which usually means single earner households and a wage base that can carry rent.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Champaign County
What businesses operate in Champaign County
- Establishments, all industries4,237
- Employment at those establishments73,261
- Annual payroll$4.08 bn
- Establishments per 1,000 residents20.3
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against.
US Census Bureau, County Business Patterns, 2023.
Champaign County
What is being built in Champaign County
- Housing units authorised by permit, 2024565
- Declared construction value permitted$131.6 m
- Single family units authorised196
- Multifamily units authorised369
- Multifamily share of units65.3 percent
- Average declared value per unit$232,876
- Units authorised per 1,000 households6.6
Multifamily is 65.3 percent of units authorised, so the pipeline is being built for renters rather than buyers.
US Census Bureau, Building Permits Survey, 2024 annual.
Champaign County
How much SBA lending happens in Champaign County
- 7(a) approvals recorded145
- 7(a) gross approval dollars$87.6 m
- Average 7(a) approval$604,263
- Median 7(a) approval$250,000
- 10th percentile approval$50,000
- 90th percentile approval$1,640,000
- Largest single approval$5,000,000
- Jobs reported supported, 7(a)1,567
- Jobs per approval10.8
- Distinct 7(a) lenders active40
- Distinct industries receiving approvals68
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer17.2 percent
- Loans on real estate terms25
- Loans on working capital terms, 120 months or shorter104
- Franchise loans29
- Franchise share of approvals20.0 percent
- Leading industry by approval countFull-Service Restaurants (15)
- Most active lenderBusey Bank (15)
- 504 approvals recorded71
- 504 gross approval dollars$54.7 m
- Average 504 approval$769,831
- Median 504 approval$621,000
- Distinct CDCs active4
- 504 jobs per approval11.2
- 504 jobs per million dollars approved14.6
- Most active CDCSmall Business Growth Corporation (50)
- 7(a) share of SBA approvals67.1 percent
- Combined SBA approval dollars$142.3 m
The average approval of $604,263 sits well above the median of $250,000, so a small number of large deals is pulling the mean up. The median is the better guide to what a typical borrower here actually gets. Only 17.2 percent of approvals run on real estate terms, so SBA credit here is mostly working capital and equipment rather than property acquisition.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Champaign County
Do SBA loans in Champaign County get paid back
- Loans with a final outcome recorded17
- Paid in full14
- Charged off3
- Charge off rate on resolved loans17.6 percent
- Status: Exempt from disclosure92
- Status: Paid in full14
- Status: Cancelled26
- Status: Charged off3
- Status: Committed, not yet disbursed10
Of the 17 loans that have reached a final outcome, 17.6 percent were charged off. This is computed only over resolved loans, because a loan still running has not yet succeeded or failed and counting it either way would be wrong.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Champaign County
Which parts of Champaign County get the lending
- Places in the county with recorded lending12
- CHAMPAIGN, approvals75
- Urbana, approvals33
- RANTOUL, approvals14
- MAHOMET, approvals8
- SAVOY, approvals6
- Ogden, approvals2
| Place | Approvals | Gross approval dollars |
|---|---|---|
| CHAMPAIGN | 75 | $40,050,600 |
| Urbana | 33 | $24,793,300 |
| RANTOUL | 14 | $15,226,100 |
| MAHOMET | 8 | $2,697,600 |
| SAVOY | 6 | $3,925,000 |
| Ogden | 2 | $246,000 |
| TOLONO | 2 | $200,000 |
| SIDNEY | 1 | $70,000 |
CHAMPAIGN accounts for 75 approvals against 33 in Urbana. County level figures average over that gap, which is why a site decision is made at the submarket rather than the county.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Champaign County
How big is Champaign County
- Land area996 sq mi
- Rank by land area among Illinois counties5th of 102
- Width, east to west28 mi
- Height, north to south35.9 mi
- Geographies sharing a boundary5
- Residents per square mile of land210
- Establishments per square mile4.25
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Champaign County
What hazards affect Champaign County
- EPA radon zone predicted average indoor radon screening level greater than 4 pCi/LZone 1
- Communities in the NFIP Community Status Book17
- Of those, participating in the NFIP16
- NFIP participation rate94.1 percent
- Best Community Rating System class in the county A lower CRS class is a larger flood insurance premium discount.Class 5
- Communities carrying a CRS class1
The EPA places the county in radon zone 1, a predicted average indoor radon screening level greater than 4 pCi/L. The best Community Rating System class in the county is 5, which carries a flood insurance premium discount for properties in the participating community.
US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001. FEMA OpenFEMA, NFIP Community Status Book, Community Status Book, as retrieved.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- Flood zone record counts are not held. The flood coverage export has not landed, so no count is shown rather than an estimated one.
- Traffic counts resolve in the platform, not in this dataset, so no AADT figure is printed here.
- Zoning is in build. Parcel level zoning is not published on this page.
Feasibility studies
When a Champaign County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Champaign County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population208,741
- Households85,472
- Average household size2.44
- Median household income$63,683
- Median age30.7
Common questions
Champaign County questions, answered from the record.
How many people live in Champaign County, Illinois?
208,741, in 85,472 households, ranking 10th of 102 Illinois counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Champaign County growing?
The population has grown 2.87 percent since the 2020 census base. In 2024 there were 1,982 births against 1,514 deaths, with net migration of 2,081. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Champaign County?
$63,683. The median owner-occupied home is valued at $211,500, which is 3.3 times income, and median gross rent is $1,051 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Champaign County?
4,237 establishments, employing 73,261 people with an annual payroll of $4.08 bn. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is the average wage in Champaign County?
Average annual pay is $64,216, or $1,235 a week, across 94,777 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Champaign County?
145 7(a) approvals totalling $87.6 m since FY2020, across 40 lenders, with a median approval of $250,000, plus 71 504 approvals worth $54.7 m. These are approvals recorded in the release, not loans disbursed.
Do SBA loans in Champaign County get paid back?
Of the 17 loans that have reached a final outcome, 14 were paid in full and 3 charged off, a charge off rate of 17.6 percent. Loans still running are excluded, because they have not yet succeeded or failed.
What is being built in Champaign County?
565 housing units were authorised by permit in 2024, with a declared construction value of $131.6 m. Multifamily was 65.3 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Champaign County?
Zone 1, a predicted average indoor radon screening level greater than 4 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Champaign County come from?
The largest single origin is Champaign County Non-migrants, with 69,049 households. Arriving households report an average income of $54,503 against null for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Champaign County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Champaign County?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame with confirm locally attached.