Peoria County, Illinois: commercial real estate data.
Peoria County, Illinois has a population of 179,645 across 619 square miles, down 1.3 percent since the 2020 census base. County output reached $16.97 bn in 2024, 4,168 establishments operate here, and the SBA record carries 80 7(a) approvals worth $69.5 m.
128 sourced county values · tier FULL · 12 sections
Peoria County
How many people live in Peoria County
- Population179,645
- Households77,755
- Average household size2.31
- Median household income$65,108
- Median age38.1
- Median gross rent$993 per month
- Median owner-occupied home value$158,500
- Home value to household income2.4 times
- Annual rent as a share of median income18.3 percent
- Adults 25 and over with a bachelor degree or higher34.9 percent
- Adults 25 and over with a graduate degree13.3 percent
- Adults 25 and over120,926
- Population under 1842,971
- Share under 1823.9 percent
- Population 65 and over32,813
- Share 65 and over18.3 percent
- Working age population, 18 to 64103,861
- Civilian labor force87,682
- Unemployment rate6.2 percent
- Labor force participation, adults 18 and over64.2 percent
- Rank by population among Illinois counties12th of 102
- Rank by population among US county-equivalents383rd
Peoria County is the 12th largest of 102 Illinois counties by population. A median home costs 2.4 times median household income, which is an affordable ownership market by national standards. Residents under 18 outnumber those 65 and over, at 23.9 percent against 18.3 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Peoria County
Is Peoria County growing
- Population change since the 2020 census base-1.31 percent
- Census 2020 base population182,021
- Births, 20242,057
- Deaths, 20242,013
- Natural change, 202444
- Net domestic migration, 2024-700
- Net international migration, 20241,546
- Total net migration, 2024846
- Cumulative net domestic migration, 2021 to 2024-5,861
- Rank by growth among US county-equivalents2290th
The county has lost 1.31 percent of its population 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.
Peoria County
Where people moving to Peoria County come from
- Tax returns filed by households arriving4,252
- People arriving, from those returns7,193
- Adjusted gross income arriving$234.5 m
- Net adjusted gross income movement$0
- Average income of an arriving household$55,152
- Largest single originPeoria County Non-migrants (68,160 households)
- Largest single destination (68,160 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Peoria County Non-migrants | 68,160 | 136,002 | $6.49 bn |
| Other flows - Different State | 1,552 | 2,718 | $98.6 m |
| Tazewell County | 895 | 1,511 | $45.9 m |
| Other flows - South | 629 | 1,161 | $38.2 m |
| Other flows - Midwest | 507 | 857 | $33.8 m |
| Other flows - Same State | 303 | 451 | $11.3 m |
| Other flows - West | 273 | 473 | $17.1 m |
| Cook County | 238 | 406 | $14.2 m |
The largest single source of arrivals is Peoria 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.
Peoria County
What the Peoria County economy runs on
- County GDP, 2024$16.97 bn
- County GDP, 2023$16.08 bn
- GDP change, 2023 to 20245.5 percent
- GDP change over five years31.1 percent
- Rank by GDP among Illinois counties7th
- Rank by GDP among US county-equivalents296th
- GDP per resident$94,443
Output grew 5.5 percent in the latest year and 31.1 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.
Peoria County
Who employs people in Peoria County
- Covered employment, annual average103,940
- Establishments reporting3,972
- Average annual pay$74,778
- Average weekly wage$1,438
- Sector 62, employment24,682
- Sector 62, average annual pay$68,092
- Sector 31-33, employment13,802
- Sector 31-33, average annual pay$144,031
- Sector 44-45, employment9,260
- Sector 44-45, average annual pay$36,401
- Sector 72, employment6,807
- Sector 72, average annual pay$24,271
- Sector 55, employment6,539
- Sector 56, employment6,325
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 62 | 24,682 | 423 | $68,092 |
| Sector 31-33 | 13,802 | 154 | $144,031 |
| Sector 44-45 | 9,260 | 562 | $36,401 |
| Sector 72 | 6,807 | 426 | $24,271 |
| Sector 55 | 6,539 | 16 | $93,367 |
| Sector 56 | 6,325 | 221 | $41,517 |
| Sector 54 | 4,872 | 397 | $116,709 |
| Sector 81 | 4,003 | 348 | $53,208 |
The largest sector is the biggest private employer group at 24,682 jobs, 23.7 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.
Peoria County
What businesses operate in Peoria County
- Establishments, all industries4,168
- Employment at those establishments103,153
- Annual payroll$7.10 bn
- Establishments per 1,000 residents23.2
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.
Peoria County
What is being built in Peoria County
- Housing units authorised by permit, 202471
- Declared construction value permitted$27.4 m
- Single family units authorised71
- Multifamily units authorised0
- Multifamily share of units0.0 percent
- Average declared value per unit$385,743
- Units authorised per 1,000 households0.9
Multifamily is 0.0 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Peoria County
How much SBA lending happens in Peoria County
- 7(a) approvals recorded80
- 7(a) gross approval dollars$69.5 m
- Average 7(a) approval$869,075
- Median 7(a) approval$350,000
- 10th percentile approval$50,000
- 90th percentile approval$2,800,000
- Largest single approval$5,000,000
- Jobs reported supported, 7(a)994
- Jobs per approval12.4
- Distinct 7(a) lenders active39
- Distinct industries receiving approvals41
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer23.8 percent
- Loans on real estate terms19
- Loans on working capital terms, 120 months or shorter56
- Franchise loans21
- Franchise share of approvals26.3 percent
- Leading industry by approval countHotels (except Casino Hotels) and Motels (13)
- Most active lenderMorton Community Bank (11)
- 504 approvals recorded71
- 504 gross approval dollars$51.8 m
- Average 504 approval$729,817
- Median 504 approval$414,000
- Distinct CDCs active4
- 504 jobs per approval11.0
- 504 jobs per million dollars approved15.1
- Most active CDCSmall Business Growth Corporation (38)
- 7(a) share of SBA approvals53.0 percent
- Combined SBA approval dollars$121.3 m
The average approval of $869,075 sits well above the median of $350,000, 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 23.8 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.
Peoria County
Do SBA loans in Peoria County get paid back
- Loans with a final outcome recorded9
- Paid in full7
- Charged off2
- Status: Exempt from disclosure53
- Status: Cancelled14
- Status: Paid in full7
- Status: Charged off2
- Status: Committed, not yet disbursed4
Too few loans have reached a final outcome to publish a charge off rate. only 9 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.
Peoria County
Which parts of Peoria County get the lending
- Places in the county with recorded lending7
- PEORIA, approvals62
- Peoria Heights, approvals7
- DUNLAP, approvals4
- WEST PEORIA, approvals2
- EDWARDS, approvals2
- CHILLICOTHE, approvals2
| Place | Approvals | Gross approval dollars |
|---|---|---|
| PEORIA | 62 | $56,619,500 |
| Peoria Heights | 7 | $8,778,500 |
| DUNLAP | 4 | $626,000 |
| WEST PEORIA | 2 | $1,637,000 |
| EDWARDS | 2 | $285,000 |
| CHILLICOTHE | 2 | $1,475,000 |
| Princeville | 1 | $105,000 |
PEORIA accounts for 62 approvals against 7 in Peoria Heights. 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.
Peoria County
How big is Peoria County
- Land area619 sq mi
- Rank by land area among Illinois counties32nd of 102
- Width, east to west28.3 mi
- Height, north to south31.9 mi
- Geographies sharing a boundary6
- Residents per square mile of land290
- Establishments per square mile6.73
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.
Peoria County
What hazards affect Peoria County
- EPA radon zone predicted average indoor radon screening level greater than 4 pCi/LZone 1
- Communities in the NFIP Community Status Book10
- Of those, participating in the NFIP9
- NFIP participation rate90.0 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 Peoria 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 Peoria County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population179,645
- Households77,755
- Average household size2.31
- Median household income$65,108
- Median age38.1
Common questions
Peoria County questions, answered from the record.
How many people live in Peoria County, Illinois?
179,645, in 77,755 households, ranking 12th of 102 Illinois counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Peoria County growing?
The population has fallen 1.31 percent since the 2020 census base. In 2024 there were 2,057 births against 2,013 deaths, with net migration of 846. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Peoria County?
$65,108. The median owner-occupied home is valued at $158,500, which is 2.4 times income, and median gross rent is $993 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Peoria County?
4,168 establishments, employing 103,153 people with an annual payroll of $7.10 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 Peoria County?
Average annual pay is $74,778, or $1,438 a week, across 103,940 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Peoria County?
80 7(a) approvals totalling $69.5 m since FY2020, across 39 lenders, with a median approval of $350,000, plus 71 504 approvals worth $51.8 m. These are approvals recorded in the release, not loans disbursed.
What is being built in Peoria County?
71 housing units were authorised by permit in 2024, with a declared construction value of $27.4 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Peoria 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 Peoria County come from?
The largest single origin is Peoria County Non-migrants, with 68,160 households. Arriving households report an average income of $55,152 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 Peoria 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 Peoria 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.