Champaign County, Illinois: commercial real estate data.
Champaign County, Illinois had an estimated 212,374 residents on July 1, 2024, up 2.9 percent since the 2020 census base of 206,455, across 996 square miles. 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 since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Champaign County
How many people live in Champaign County
- Population, American Community Survey 2020-2024208,741
- 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-equivalents, Puerto Rico included335th of 3,222
Champaign County is the 10th largest of 102 Illinois counties by population. A median home costs 3.3 times median household income, which is moderately unaffordable 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's population growing?
- Population, July 1, 2024212,374
- Census 2020 base population206,455
- Population change since the 2020 census base2.87 percent
- Population change, 2023 to 20242,561
- 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 of 3,144
The county has grown 2.87 percent since the 2020 census base. The population grew in 2024 from both sources: births exceeded deaths and more people moved in than left.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Champaign County
Where are people moving to Champaign County from?
- Tax returns filed by households arriving4,865
- People arriving, from those returns7,598
- Tax returns filed by households leaving6,434
- Net household movement-1,569
- Adjusted gross income arriving$265.2 m
- Net adjusted gross income movement$-169.4 m
- Average income of an arriving household$54,503
- Average income of a leaving household$67,540
- Largest single originCook County (563 households)
- Largest single destinationCook County (744 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Cook County | 563 | 870 | $25.6 m |
| Vermilion County | 243 | 436 | $8.8 m |
| McLean County | 155 | 229 | $8.1 m |
| Piatt County | 132 | 234 | $7.7 m |
| Ford County | 109 | 184 | $4.4 m |
| Douglas County | 102 | 153 | $4.7 m |
| Coles County | 100 | 142 | $4.9 m |
| DuPage County | 92 | 139 | $7.0 m |
Households arriving report $13,037 less average income than households leaving, which drains spending power even where headcount holds up. The largest single source of arrivals is Cook County, 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 is the Champaign County economy?
- 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 the Illinois areas BEA publishes13th of 102
- Rank by GDP among the US county areas BEA publishes322nd of 3,127
- 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
Employment by industry in Champaign County
- Covered employment, annual average94,777
- Establishments reporting4,160
- Average annual pay$64,216
- Average weekly wage$1,235
- Health care and social assistance, employment16,021
- Health care and social assistance, average annual pay$83,961
- Retail trade, employment9,246
- Retail trade, average annual pay$33,889
- Accommodation and food services, employment9,017
- Accommodation and food services, average annual pay$23,750
- Manufacturing, employment7,082
- Manufacturing, average annual pay$62,403
- Construction, employment3,558
- Professional, scientific and technical services, employment3,206
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Health care and social assistance | 16,021 | 407 | $83,961 |
| Retail trade | 9,246 | 520 | $33,889 |
| Accommodation and food services | 9,017 | 510 | $23,750 |
| Manufacturing | 7,082 | 156 | $62,403 |
| Construction | 3,558 | 355 | $74,012 |
| Professional, scientific and technical services | 3,206 | 440 | $84,505 |
| Administrative and support and waste management services | 3,057 | 198 | $46,447 |
| Transportation and warehousing | 2,812 | 123 | $48,605 |
Health care and social assistance is the largest private sector at 16,021 jobs, 16.9 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Champaign County
How many businesses are 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. County Business Patterns counts private establishments with paid employees in March 2023, while the Quarterly Census of Employment and Wages above counts every unemployment-insured employer, public ones included, as a 2024 annual average, so the two establishment and employment counts differ.
US Census Bureau, County Business Patterns, 2023.
Champaign County
Building permits in Champaign County
- Housing units authorized by permit, 2024565
- Declared construction value permitted$131.6 m
- Single family units authorized196
- Multifamily units authorized369
- Multifamily share of units65.3 percent
- Average declared value per unit$232,876
- Units authorized per 1,000 households6.6
Multifamily is 65.3 percent of units authorized, so the pipeline is being built for renters rather than buyers.
US Census Bureau, Building Permits Survey, 2024 annual.
Champaign County
SBA loans in Champaign County (7(a) and 504)
- 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$1,608,000
- 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)
- 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)
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$142.3 m
The average approval of $604,263 sits well above the median of $250,000, pulled up by a few larger deals, so the median is the better guide to what a typical borrower here 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
SBA loan default and charge-off rates in Champaign County
Do SBA loans in Champaign County get paid back?
- Loans with a final outcome recorded17
- Paid in full14
- Charged off3
- Status: Exempt from disclosure92
- Status: Paid in full14
- Status: Cancelled26
- Status: Charged off3
- Status: Committed, not yet disbursed10
Only 17 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
Compare against the national and state SBA charge-off rates, computed the same way over resolved loans only.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Champaign County
SBA lending by place in Champaign County
- Borrower cities with recorded lending12
- Champaign, approvals75
- Urbana, approvals33
- Rantoul, approvals14
- Mahomet, approvals8
- Savoy, approvals6
- Ogden, approvals2
| Borrower city | 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 |
| Homer | 1 | $150,000 |
| 4 other borrower cities | 4 | $329,500 |
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 large 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
Flood risk in Champaign County
- Participation of the county's own NFIP community Champaign County, unincorporated areasParticipating, community 170894
- Communities in the county 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
- Radon levels in Champaign County, EPA zone predicted average indoor radon screening level greater than 4 pCi/LZone 1
The county's own community in the status book, unincorporated Champaign County (community 170894), participates in the National Flood Insurance Program and carries no Community Rating System class, so no CRS premium discount applies there. The EPA places Champaign County in radon zone 1, a predicted average indoor radon screening level greater than 4 pCi/L. The zone is a screening prediction for the county and does not substitute for a test at an address. The best Community Rating System class among the county's communities is 5, which carries a flood insurance premium discount for policies written in that community. 94.1 percent of the county's listed communities participate in the National Flood Insurance Program, per Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26. US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Coverage
What this page does not hold.
Traffic counts, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
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.
- Population, American Community Survey 2020-2024208,741
- 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?
The Census Bureau estimates 212,374 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 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's population growing?
The population has grown 2.87 percent since the 2020 census base of 206,455, to 212,374 on July 1, 2024. 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 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 employment by industry in Champaign County?
Health care and social assistance is the largest private sector at 16,021 jobs, 16.9 percent of covered employment. Covered employment averages 94,777 jobs at an average annual pay of $64,216, or $1,235 a week. 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 totaling $87.6 m since FY2020, across 40 lenders, with a median approval of $250,000, plus 71 504 approvals worth $54.7 m since FY2010. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Champaign County?
565 housing units were authorized 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 Cook County, with 563 households. Arriving households report an average income of $54,503 against $67,540 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?
No. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame, to be confirmed locally.
Champaign County
Cities and places in Champaign.
28 Census places lie wholly or partly in Champaign County. All 28 carry enough published place level data for a page of their own and are linked.
| Place | Type | Population | SBA 7(a) approvals, projects in this county | Lies in |
|---|---|---|---|---|
| Champaign | city | 89,996 | 75 | Wholly in this county |
| Urbana | city | 39,341 | 33 | Wholly in this county |
| Rantoul | village | 12,421 | 14 | Wholly in this county |
| Mahomet | village | 10,049 | 8 | Wholly in this county |
| Savoy | village | 8,968 | 6 | Wholly in this county |
| St. Joseph | village | 3,778 | None recorded | Wholly in this county |
| Tolono | village | 3,566 | 2 | Wholly in this county |
| Lake of the Woods | CDP | 2,091 | None recorded | Wholly in this county |
| Fisher | village | 1,605 | 1 | Wholly in this county |
| Philo | village | 1,487 | None recorded | Wholly in this county |
| Homer | village | 1,245 | 1 | Wholly in this county |
| Sidney | village | 936 | 1 | Wholly in this county |
| Thomasboro | village | 918 | None recorded | Wholly in this county |
| Gifford | village | 822 | None recorded | Wholly in this county |
| Ogden | village | 754 | 2 | Wholly in this county |
| Pesotum | village | 557 | None recorded | Wholly in this county |
| Bondville | village | 404 | None recorded | Wholly in this county |
| Ludlow | village | 372 | None recorded | Wholly in this county |
| Sadorus | village | 296 | None recorded | Wholly in this county |
| Royal | village | 292 | None recorded | Wholly in this county |
| Broadlands | village | 274 | None recorded | Wholly in this county |
| Seymour | CDP | 270 | 1 | Wholly in this county |
| Ivesdale | village | 209 | None recorded | Wholly in this county |
| Allerton | village | 205 | None recorded | 21.5 percent here, 78.5 percent Vermilion County |
| Penfield | CDP | 190 | None recorded | Wholly in this county |
| Dewey | CDP | 89 | 1 | Wholly in this county |
| Longview | village | 78 | None recorded | Wholly in this county |
| Foosland | village | 37 | None recorded | Wholly in this county |
Nearby