Woodford County, Illinois: commercial real estate data.
Woodford County, Illinois has a population of 38,312 across 528 square miles, down 0.4 percent since the 2020 census base. County output reached $1.78 bn in 2024, 793 establishments operate here, and the SBA record carries 11 7(a) approvals worth $2.0 m.
126 sourced county values · tier FULL · 12 sections
Woodford County
How many people live in Woodford County
- Population38,312
- Households14,685
- Average household size2.61
- Median household income$91,483
- Median age40.4
- Median gross rent$912 per month
- Median owner-occupied home value$197,600
- Home value to household income2.2 times
- Annual rent as a share of median income12.0 percent
- Adults 25 and over with a bachelor degree or higher35.9 percent
- Adults 25 and over with a graduate degree13.0 percent
- Adults 25 and over25,943
- Population under 189,161
- Share under 1823.9 percent
- Population 65 and over7,416
- Share 65 and over19.4 percent
- Working age population, 18 to 6421,735
- Civilian labor force19,102
- Unemployment rate3.5 percent
- Labor force participation, adults 18 and over65.5 percent
- Rank by population among Illinois counties34th of 102
- Rank by population among US county-equivalents1239th
Woodford County is the 34th largest of 102 Illinois counties by population. A median home costs 2.2 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 19.4 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Woodford County
Is Woodford County growing
- Population change since the 2020 census base-0.43 percent
- Census 2020 base population38,457
- Births, 2024406
- Deaths, 2024456
- Natural change, 2024-50
- Net domestic migration, 2024-127
- Net international migration, 202480
- Total net migration, 2024-47
- Cumulative net domestic migration, 2021 to 2024-168
- Rank by growth among US county-equivalents1992nd
The county has lost 0.43 percent of its population since the 2020 census base.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Woodford County
Where people moving to Woodford County come from
- Tax returns filed by households arriving995
- People arriving, from those returns1,886
- Adjusted gross income arriving$63.4 m
- Net adjusted gross income movement$0
- Average income of an arriving household$63,739
- Largest single originWoodford County Non-migrants (14,361 households)
- Largest single destination (14,361 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Woodford County Non-migrants | 14,361 | 32,316 | $1.56 bn |
| Tazewell County | 237 | 454 | $14.8 m |
| Other flows - Different State | 213 | 398 | $15.2 m |
| McLean County | 168 | 342 | $10.4 m |
| Peoria County | 166 | 296 | $10.0 m |
| Other flows - Same State | 124 | 243 | $8.2 m |
| Other flows - South | 95 | 183 | $6.0 m |
| Other flows - Midwest | 70 | 132 | $5.6 m |
The largest single source of arrivals is Woodford 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.
Woodford County
What the Woodford County economy runs on
- County GDP, 2024$1.78 bn
- County GDP, 2023$1.69 bn
- GDP change, 2023 to 20245.5 percent
- GDP change over five years42.8 percent
- Rank by GDP among Illinois counties42nd
- Rank by GDP among US county-equivalents1373rd
- GDP per resident$46,547
Output grew 5.5 percent in the latest year and 42.8 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.
Woodford County
Who employs people in Woodford County
- Covered employment, annual average11,428
- Establishments reporting803
- Average annual pay$54,993
- Average weekly wage$1,058
- Sector 31-33, employment1,846
- Sector 31-33, average annual pay$74,327
- Sector 62, employment1,380
- Sector 62, average annual pay$47,918
- Sector 44-45, employment1,191
- Sector 44-45, average annual pay$49,274
- Sector 23, employment1,045
- Sector 23, average annual pay$77,549
- Sector 72, employment770
- Sector 42, employment693
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 31-33 | 1,846 | 45 | $74,327 |
| Sector 62 | 1,380 | 39 | $47,918 |
| Sector 44-45 | 1,191 | 90 | $49,274 |
| Sector 23 | 1,045 | 136 | $77,549 |
| Sector 72 | 770 | 56 | $19,539 |
| Sector 42 | 693 | 34 | $82,618 |
| Sector 54 | 551 | 53 | $50,269 |
| Sector 11 | 346 | 42 | $62,867 |
The largest sector is the biggest private employer group at 1,846 jobs, 16.2 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.
Woodford County
What businesses operate in Woodford County
- Establishments, all industries793
- Employment at those establishments8,503
- Annual payroll$480.4 m
- Establishments per 1,000 residents20.7
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.
Woodford County
What is being built in Woodford County
- Housing units authorised by permit, 202431
- Declared construction value permitted$9.8 m
- Single family units authorised31
- Multifamily units authorised0
- Multifamily share of units0.0 percent
- Average declared value per unit$317,058
- Units authorised per 1,000 households2.1
Multifamily is 0.0 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Woodford County
How much SBA lending happens in Woodford County
- 7(a) approvals recorded11
- 7(a) gross approval dollars$2.0 m
- Average 7(a) approval$179,964
- Median 7(a) approval$100,000
- 10th percentile approval$20,000
- 90th percentile approval$400,800
- Largest single approval$500,000
- Jobs reported supported, 7(a)49
- Jobs per approval4.5
- Distinct 7(a) lenders active6
- Distinct industries receiving approvals9
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer0.0 percent
- Loans on real estate terms0
- Loans on working capital terms, 120 months or shorter11
- Franchise loans0
- Franchise share of approvals0.0 percent
- Leading industry by approval countInsurance Agencies and Brokerages (2)
- Most active lenderU.S. Bank, National Association (5)
- 504 approvals recorded6
- 504 gross approval dollars$2.2 m
- Average 504 approval$360,833
- Median 504 approval$466,000
- Distinct CDCs active3
- 504 jobs per approval4.3
- 504 jobs per million dollars approved12.0
- Most active CDCSmall Business Growth Corporation (3)
- 7(a) share of SBA approvals64.7 percent
- Combined SBA approval dollars$4.1 m
The average approval of $179,964 sits well above the median of $100,000, 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 0.0 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.
Woodford County
Do SBA loans in Woodford County get paid back
- Loans with a final outcome recorded2
- Paid in full2
- Charged off0
- Status: Paid in full2
- Status: Cancelled3
- Status: Exempt from disclosure5
- Status: Committed, not yet disbursed1
Too few loans have reached a final outcome to publish a charge off rate. only 2 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.
Woodford County
Which parts of Woodford County get the lending
- Places in the county with recorded lending6
- EUREKA, approvals4
- EL PASO, approvals2
- Metamora, approvals2
- Roanoke, approvals1
- Washburn, approvals1
- Goodfield, approvals1
| Place | Approvals | Gross approval dollars |
|---|---|---|
| EUREKA | 4 | $208,800 |
| EL PASO | 2 | $70,000 |
| Metamora | 2 | $700,000 |
| Roanoke | 1 | $500,000 |
| Washburn | 1 | $100,000 |
| Goodfield | 1 | $400,800 |
EUREKA accounts for 4 approvals against 2 in EL PASO. 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.
Woodford County
How big is Woodford County
- Land area528 sq mi
- Rank by land area among Illinois counties49th of 102
- Width, east to west32.8 mi
- Height, north to south23 mi
- Geographies sharing a boundary6
- Residents per square mile of land73
- Establishments per square mile1.50
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.
Woodford County
What hazards affect Woodford 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
- 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 Woodford 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 Woodford County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population38,312
- Households14,685
- Average household size2.61
- Median household income$91,483
- Median age40.4
Common questions
Woodford County questions, answered from the record.
How many people live in Woodford County, Illinois?
38,312, in 14,685 households, ranking 34th of 102 Illinois counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Woodford County growing?
The population has fallen 0.43 percent since the 2020 census base. In 2024 there were 406 births against 456 deaths, with net migration of -47. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Woodford County?
$91,483. The median owner-occupied home is valued at $197,600, which is 2.2 times income, and median gross rent is $912 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Woodford County?
793 establishments, employing 8,503 people with an annual payroll of $480.4 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 Woodford County?
Average annual pay is $54,993, or $1,058 a week, across 11,428 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Woodford County?
11 7(a) approvals totalling $2.0 m since FY2020, across 6 lenders, with a median approval of $100,000, plus 6 504 approvals worth $2.2 m. These are approvals recorded in the release, not loans disbursed.
What is being built in Woodford County?
31 housing units were authorised by permit in 2024, with a declared construction value of $9.8 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Woodford 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 Woodford County come from?
The largest single origin is Woodford County Non-migrants, with 14,361 households. Arriving households report an average income of $63,739 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 Woodford 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 Woodford 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.