Menard County, Illinois: commercial real estate data.
Menard County, Illinois has a population of 12,095 across 314 square miles, down 2.7 percent since the 2020 census base. County output reached $364.2 m in 2024, 207 establishments operate here, and the SBA record carries 10 7(a) approvals worth $1.2 m.
123 sourced county values · tier FULL · 12 sections
Menard County
How many people live in Menard County
- Population12,095
- Households5,228
- Average household size2.31
- Median household income$82,176
- Median age42.8
- Median gross rent$885 per month
- Median owner-occupied home value$185,500
- Home value to household income2.3 times
- Annual rent as a share of median income12.9 percent
- Adults 25 and over with a bachelor degree or higher28.3 percent
- Adults 25 and over with a graduate degree10.9 percent
- Adults 25 and over8,621
- Population under 182,643
- Share under 1821.9 percent
- Population 65 and over2,513
- Share 65 and over20.8 percent
- Working age population, 18 to 646,939
- Civilian labor force5,802
- Unemployment rate3.5 percent
- Labor force participation, adults 18 and over61.4 percent
- Rank by population among Illinois counties83rd of 102
- Rank by population among US county-equivalents2346th
Menard County is the 83rd largest of 102 Illinois counties by population. A median home costs 2.3 times median household income, which is an affordable ownership market by national standards. Residents under 18 outnumber those 65 and over, at 21.9 percent against 20.8 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Menard County
Is Menard County growing
- Population change since the 2020 census base-2.71 percent
- Census 2020 base population12,296
- Births, 2024130
- Deaths, 2024122
- Natural change, 20248
- Net domestic migration, 2024-50
- Net international migration, 202410
- Total net migration, 2024-40
- Cumulative net domestic migration, 2021 to 2024-251
- Rank by growth among US county-equivalents2680th
The county has lost 2.71 percent of its population since the 2020 census base. Births exceeded deaths in 2024 but more people left than arrived, so the population is being sustained internally rather than attracting.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Menard County
Where people moving to Menard County come from
- Tax returns filed by households arriving307
- People arriving, from those returns528
- Adjusted gross income arriving$17.8 m
- Net adjusted gross income movement$0
- Average income of an arriving household$57,964
- Largest single originMenard County Non-migrants (4,888 households)
- Largest single destination (4,888 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Menard County Non-migrants | 4,888 | 10,010 | $419.6 m |
| Sangamon County | 174 | 297 | $10.6 m |
| Other flows - Same State | 113 | 191 | $6.1 m |
| Other flows - Different State | 20 | 40 | $1.1 m |
| Other flows - Midwest | 20 | 40 | $1.1 m |
The largest single source of arrivals is Menard 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.
Menard County
What the Menard County economy runs on
- County GDP, 2024$364.2 m
- County GDP, 2023$352.1 m
- GDP change, 2023 to 20243.4 percent
- GDP change over five years45.4 percent
- Rank by GDP among Illinois counties90th
- Rank by GDP among US county-equivalents2602nd
- GDP per resident$30,109
Output grew 3.4 percent in the latest year and 45.4 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.
Menard County
Who employs people in Menard County
- Covered employment, annual average1,773
- Establishments reporting229
- Average annual pay$42,242
- Average weekly wage$812
- Sector 44-45, employment234
- Sector 44-45, average annual pay$27,303
- Sector 72, employment153
- Sector 72, average annual pay$21,928
- Sector 23, employment97
- Sector 23, average annual pay$50,887
- Sector 54, employment97
- Sector 54, average annual pay$45,387
- Sector 56, employment50
- Sector 31-33, employment41
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 44-45 | 234 | 25 | $27,303 |
| Sector 72 | 153 | 21 | $21,928 |
| Sector 23 | 97 | 36 | $50,887 |
| Sector 54 | 97 | 15 | $45,387 |
| Sector 56 | 50 | 13 | $35,882 |
| Sector 31-33 | 41 | 5 | $18,320 |
| Sector 71 | 36 | 7 | $20,851 |
| Sector 42 | 35 | 7 | $99,862 |
The largest sector is the biggest private employer group at 234 jobs, 13.2 percent of covered employment. Average pay per job sits below median household income, so households here typically need more than one earner.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Menard County
What businesses operate in Menard County
- Establishments, all industries207
- Employment at those establishments1,216
- Annual payroll$52.2 m
- Establishments per 1,000 residents17.1
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.
Menard County
What is being built in Menard County
- Housing units authorised by permit, 20249
- Declared construction value permitted$3.1 m
- Single family units authorised9
- Multifamily units authorised0
- Multifamily share of units0.0 percent
- Average declared value per unit$347,667
- Units authorised per 1,000 households1.7
Multifamily is 0.0 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Menard County
How much SBA lending happens in Menard County
- 7(a) approvals recorded10
- 7(a) gross approval dollars$1.2 m
- Average 7(a) approval$119,480
- Median 7(a) approval$145,000
- 10th percentile approval$72,500
- 90th percentile approval$244,800
- Largest single approval$244,800
- Jobs reported supported, 7(a)45
- Jobs per approval4.5
- Distinct 7(a) lenders active6
- Distinct industries receiving approvals6
- Median 7(a) term106 months
- Share of loans on real estate terms, 240 months or longer20.0 percent
- Loans on real estate terms2
- Loans on working capital terms, 120 months or shorter8
- Franchise loans0
- Franchise share of approvals0.0 percent
- Leading industry by approval countLandscaping Services (4)
- Most active lenderBank of Springfield (5)
- 504 approvals recorded2
- 504 gross approval dollars$489,000
- Average 504 approval$244,500
- Median 504 approval$342,000
- Distinct CDCs active1
- 504 jobs per approval2.0
- 504 jobs per million dollars approved8.2
- Most active CDCSmall Business Growth Corporation (2)
- 7(a) share of SBA approvals83.3 percent
- Combined SBA approval dollars$1.7 m
The average approval of $119,480 sits close to the median of $145,000, so lending here is fairly evenly sized rather than driven by a few large deals. Only 20.0 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.
Menard County
Do SBA loans in Menard County get paid back
- Loans with a final outcome recorded5
- Paid in full4
- Charged off1
- Status: Paid in full4
- Status: Exempt from disclosure4
- Status: Charged off1
- Status: Committed, not yet disbursed1
Too few loans have reached a final outcome to publish a charge off rate. only 5 resolved loans, too few to publish a rate. A rate computed on a handful of loans is noise, so none is shown.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Menard County
Which parts of Menard County get the lending
- Places in the county with recorded lending3
- ATHENS, approvals5
- Petersburg, approvals4
- GREENVIEW, approvals1
| Place | Approvals | Gross approval dollars |
|---|---|---|
| ATHENS | 5 | $545,200 |
| Petersburg | 4 | $504,600 |
| GREENVIEW | 1 | $145,000 |
ATHENS accounts for 5 approvals against 4 in Petersburg. 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.
Menard County
How big is Menard County
- Land area314 sq mi
- Rank by land area among Illinois counties90th of 102
- Width, east to west22 mi
- Height, north to south17.5 mi
- Geographies sharing a boundary4
- Residents per square mile of land39
- Establishments per square mile0.66
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.
Menard County
What hazards affect Menard County
- EPA radon zone predicted average indoor radon screening level greater than 4 pCi/LZone 1
- Communities in the NFIP Community Status Book6
- Of those, participating in the NFIP5
- NFIP participation rate83.3 percent
- Communities carrying a CRS class0
The EPA places the county in radon zone 1, a predicted average indoor radon screening level greater than 4 pCi/L.
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 Menard 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 Menard County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population12,095
- Households5,228
- Average household size2.31
- Median household income$82,176
- Median age42.8
Common questions
Menard County questions, answered from the record.
How many people live in Menard County, Illinois?
12,095, in 5,228 households, ranking 83rd of 102 Illinois counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Menard County growing?
The population has fallen 2.71 percent since the 2020 census base. In 2024 there were 130 births against 122 deaths, with net migration of -40. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Menard County?
$82,176. The median owner-occupied home is valued at $185,500, which is 2.3 times income, and median gross rent is $885 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Menard County?
207 establishments, employing 1,216 people with an annual payroll of $52.2 m. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is the average wage in Menard County?
Average annual pay is $42,242, or $812 a week, across 1,773 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Menard County?
10 7(a) approvals totalling $1.2 m since FY2020, across 6 lenders, with a median approval of $145,000, plus 2 504 approvals worth $489,000. These are approvals recorded in the release, not loans disbursed.
What is being built in Menard County?
9 housing units were authorised by permit in 2024, with a declared construction value of $3.1 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Menard 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 Menard County come from?
The largest single origin is Menard County Non-migrants, with 4,888 households. Arriving households report an average income of $57,964 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 Menard 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 Menard 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.