Richland County, Illinois: commercial real estate data.
Richland County, Illinois has a population of 15,598 across 360 square miles, down 2.9 percent since the 2020 census base. County output reached $834.2 m in 2024, 423 establishments operate here, and the SBA record carries 2 7(a) approvals worth $2.2 m.
110 sourced county values · tier FULL · 12 sections
Richland County
How many people live in Richland County
- Population15,598
- Households6,443
- Average household size2.42
- Median household income$62,455
- Median age42.3
- Median gross rent$805 per month
- Median owner-occupied home value$112,000
- Home value to household income1.8 times
- Annual rent as a share of median income15.5 percent
- Adults 25 and over with a bachelor degree or higher19.1 percent
- Adults 25 and over with a graduate degree5.8 percent
- Adults 25 and over10,914
- Population under 183,584
- Share under 1823.0 percent
- Population 65 and over3,234
- Share 65 and over20.7 percent
- Working age population, 18 to 648,780
- Civilian labor force7,649
- Unemployment rate3.1 percent
- Labor force participation, adults 18 and over63.7 percent
- Rank by population among Illinois counties67th of 102
- Rank by population among US county-equivalents2120th
Richland County is the 67th largest of 102 Illinois counties by population. A median home costs 1.8 times median household income, which is an affordable ownership market by national standards. Residents under 18 outnumber those 65 and over, at 23.0 percent against 20.7 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Richland County
Is Richland County growing
- Population change since the 2020 census base-2.93 percent
- Census 2020 base population15,825
- Births, 2024138
- Deaths, 2024212
- Natural change, 2024-74
- Net domestic migration, 2024-79
- Net international migration, 202412
- Total net migration, 2024-67
- Cumulative net domestic migration, 2021 to 2024-123
- Rank by growth among US county-equivalents2728th
The county has lost 2.93 percent of its population since the 2020 census base.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Richland County
Where people moving to Richland County come from
- Tax returns filed by households arriving300
- People arriving, from those returns549
- Adjusted gross income arriving$14.7 m
- Net adjusted gross income movement$0
- Average income of an arriving household$49,077
- Largest single originRichland County Non-migrants (5,967 households)
- Largest single destination (5,967 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Richland County Non-migrants | 5,967 | 12,330 | $408.7 m |
| Other flows - Same State | 119 | 207 | $5.6 m |
| Other flows - Different State | 105 | 198 | $6.0 m |
| Other flows - Midwest | 61 | 112 | $2.7 m |
| Other flows - South | 44 | 86 | $3.3 m |
| Clay County | 27 | 48 | $1.0 m |
| Lawrence County | 26 | 53 | $1.3 m |
| Jasper County | 23 | 43 | $794,000 |
The largest single source of arrivals is Richland 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.
Richland County
What the Richland County economy runs on
- County GDP, 2024$834.2 m
- County GDP, 2023$753.3 m
- GDP change, 2023 to 202410.7 percent
- GDP change over five years42.1 percent
- Rank by GDP among Illinois counties66th
- Rank by GDP among US county-equivalents2000th
- GDP per resident$53,482
Output grew 10.7 percent in the latest year and 42.1 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.
Richland County
Who employs people in Richland County
- Covered employment, annual average5,834
- Establishments reporting392
- Average annual pay$50,035
- Average weekly wage$962
- Sector 48-49, employment1,247
- Sector 48-49, average annual pay$53,652
- Sector 62, employment945
- Sector 62, average annual pay$67,790
- Sector 44-45, employment692
- Sector 44-45, average annual pay$35,059
- Sector 72, employment521
- Sector 72, average annual pay$18,139
- Sector 31-33, employment377
- Sector 52, employment243
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 48-49 | 1,247 | 18 | $53,652 |
| Sector 62 | 945 | 39 | $67,790 |
| Sector 44-45 | 692 | 55 | $35,059 |
| Sector 72 | 521 | 34 | $18,139 |
| Sector 31-33 | 377 | 20 | $59,299 |
| Sector 52 | 243 | 17 | $68,831 |
| Sector 81 | 185 | 34 | $31,024 |
| Sector 23 | 121 | 38 | $46,297 |
The largest sector is the biggest private employer group at 1,247 jobs, 21.4 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.
Richland County
What businesses operate in Richland County
- Establishments, all industries423
- Employment at those establishments5,377
- Annual payroll$257.6 m
- Establishments per 1,000 residents27.1
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.
Richland County
What is being built in Richland County
- Housing units authorised by permit, 20247
- Declared construction value permitted$2.5 m
- Single family units authorised7
- Multifamily units authorised0
- Multifamily share of units0.0 percent
- Average declared value per unit$351,790
- Units authorised per 1,000 households1.1
Multifamily is 0.0 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Richland County
How much SBA lending happens in Richland County
- 7(a) approvals recorded2
- 7(a) gross approval dollars$2.2 m
- Average 7(a) approval$1,108,000
- Median 7(a) approval$1,145,000
- 10th percentile approval$1,071,000
- 90th percentile approval$1,145,000
- Largest single approval$1,145,000
- Jobs reported supported, 7(a)23
- Jobs per approval11.5
- Distinct 7(a) lenders active2
- Distinct industries receiving approvals2
- Median 7(a) term300 months
- Share of loans on real estate terms, 240 months or longer50.0 percent
- Loans on real estate terms1
- Loans on working capital terms, 120 months or shorter1
- Franchise loans1
- Franchise share of approvals50.0 percent
- Leading industry by approval countHotels (except Casino Hotels) and Motels (1)
- Most active lenderMillennium Bank (1)
The average approval of $1,108,000 sits close to the median of $1,145,000, so lending here is fairly evenly sized rather than driven by a few large deals. 50.0 percent of approvals run on real estate terms of 240 months or more, so this is a market where SBA credit is buying buildings, not just funding operations.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Richland County
Do SBA loans in Richland County get paid back
- Loans with a final outcome recorded1
- Paid in full1
- Charged off0
- Status: Paid in full1
- Status: Exempt from disclosure1
Too few loans have reached a final outcome to publish a charge off rate. only 1 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.
Richland County
Which parts of Richland County get the lending
- Places in the county with recorded lending2
- CLAREMONT, approvals1
- Olney, approvals1
| Place | Approvals | Gross approval dollars |
|---|---|---|
| CLAREMONT | 1 | $1,071,000 |
| Olney | 1 | $1,145,000 |
CLAREMONT accounts for 1 approvals against 1 in Olney. 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.
Richland County
How big is Richland County
- Land area360 sq mi
- Rank by land area among Illinois counties83rd of 102
- Width, east to west18.9 mi
- Height, north to south19.4 mi
- Geographies sharing a boundary7
- Residents per square mile of land43
- Establishments per square mile1.18
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.
Richland County
What hazards affect Richland County
- EPA radon zone predicted average indoor radon screening level from 2 to 4 pCi/LZone 2
- Communities in the NFIP Community Status Book4
- Of those, participating in the NFIP2
- NFIP participation rate50.0 percent
- Communities carrying a CRS class0
The EPA places the county in radon zone 2, a predicted average indoor radon screening level from 2 to 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.
- No 504 approvals recorded in this county in the FOIA release covering FY2010 onward.
- 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 Richland 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 Richland County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population15,598
- Households6,443
- Average household size2.42
- Median household income$62,455
- Median age42.3
Common questions
Richland County questions, answered from the record.
How many people live in Richland County, Illinois?
15,598, in 6,443 households, ranking 67th of 102 Illinois counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Richland County growing?
The population has fallen 2.93 percent since the 2020 census base. In 2024 there were 138 births against 212 deaths, with net migration of -67. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Richland County?
$62,455. The median owner-occupied home is valued at $112,000, which is 1.8 times income, and median gross rent is $805 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Richland County?
423 establishments, employing 5,377 people with an annual payroll of $257.6 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 Richland County?
Average annual pay is $50,035, or $962 a week, across 5,834 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Richland County?
2 7(a) approvals totalling $2.2 m since FY2020, across 2 lenders, with a median approval of $1,145,000. These are approvals recorded in the release, not loans disbursed.
What is being built in Richland County?
7 housing units were authorised by permit in 2024, with a declared construction value of $2.5 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Richland County?
Zone 2, a predicted average indoor radon screening level from 2 to 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 Richland County come from?
The largest single origin is Richland County Non-migrants, with 5,967 households. Arriving households report an average income of $49,077 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 Richland 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 Richland 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.