Peoria County, Illinois: commercial real estate data.
Peoria County, Illinois had an estimated 179,630 residents on July 1, 2024, down 1.3 percent since the 2020 census base of 182,021, across 619 square miles. 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 since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Peoria County
How many people live in Peoria County
- Population, American Community Survey 2020-2024179,645
- 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-equivalents, Puerto Rico included383rd of 3,222
Peoria County is the 12th largest of 102 Illinois counties by population. A median home costs 2.4 times median household income, which is affordable 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's population growing?
- Population, July 1, 2024179,630
- Census 2020 base population182,021
- Population change since the 2020 census base-1.31 percent
- Population change, 2023 to 2024895
- 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 of 3,144
The county has lost 1.31 percent of its population 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.
Peoria County
Where are people moving to Peoria County from?
- Tax returns filed by households arriving4,252
- People arriving, from those returns7,193
- Tax returns filed by households leaving4,908
- Net household movement-656
- Adjusted gross income arriving$234.5 m
- Net adjusted gross income movement$-125.2 m
- Average income of an arriving household$55,152
- Average income of a leaving household$73,282
- Largest single originTazewell County (895 households)
- Largest single destinationTazewell County (1,059 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Tazewell County | 895 | 1,511 | $45.9 m |
| Cook County | 238 | 406 | $14.2 m |
| McLean County | 145 | 221 | $7.5 m |
| Woodford County | 145 | 253 | $7.8 m |
| Fulton County | 126 | 210 | $5.3 m |
| Knox County | 97 | 158 | $4.5 m |
| Marshall County | 69 | 110 | $2.6 m |
| Maricopa County | 59 | 98 | $3.9 m |
Households arriving report $18,130 less average income than households leaving, which drains spending power even where headcount holds up. The largest single source of arrivals is Tazewell 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.
Peoria County
What is the Peoria County economy?
- 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 the Illinois areas BEA publishes7th of 102
- Rank by GDP among the US county areas BEA publishes296th of 3,127
- 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
Employment by industry in Peoria County
- Covered employment, annual average103,940
- Establishments reporting3,972
- Average annual pay$74,778
- Average weekly wage$1,438
- Health care and social assistance, employment24,682
- Health care and social assistance, average annual pay$68,092
- Manufacturing, employment13,802
- Manufacturing, average annual pay$144,031
- Retail trade, employment9,260
- Retail trade, average annual pay$36,401
- Accommodation and food services, employment6,807
- Accommodation and food services, average annual pay$24,271
- Management of companies and enterprises, employment6,539
- Administrative and support and waste management services, employment6,325
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Health care and social assistance | 24,682 | 423 | $68,092 |
| Manufacturing | 13,802 | 154 | $144,031 |
| Retail trade | 9,260 | 562 | $36,401 |
| Accommodation and food services | 6,807 | 426 | $24,271 |
| Management of companies and enterprises | 6,539 | 16 | $93,367 |
| Administrative and support and waste management services | 6,325 | 221 | $41,517 |
| Professional, scientific and technical services | 4,872 | 397 | $116,709 |
| Other services, except public administration | 4,003 | 348 | $53,208 |
Health care and social assistance is the largest private sector at 24,682 jobs, 23.7 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Peoria County
How many businesses are 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. 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.
Peoria County
Building permits in Peoria County
- Housing units authorized by permit, 202471
- Declared construction value permitted$27.4 m
- Single family units authorized71
- Multifamily units authorized0
- Multifamily share of units0.0 percent
- Average declared value per unit$385,743
- Units authorized per 1,000 households0.9
Single-family homes are 100.0 percent of units authorized, so the pipeline is predominantly single-family.
US Census Bureau, Building Permits Survey, 2024 annual.
Peoria County
SBA loans in Peoria County (7(a) and 504)
- 7(a) approvals recorded80
- 7(a) gross approval dollars$69.5 m
- Average 7(a) approval$869,075
- Median 7(a) approval$332,500
- 10th percentile approval$48,670
- 90th percentile approval$2,699,200
- 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)
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$121.3 m
The average approval of $869,075 sits well above the median of $332,500, pulled up by a few larger deals, so the median is the better guide to what a typical borrower here 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
SBA loan default and charge-off rates in 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
Only 9 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.
Peoria County
SBA lending by place in Peoria County
- Borrower cities with recorded lending7
- Peoria, approvals62
- Peoria Heights, approvals7
- Dunlap, approvals4
- West Peoria, approvals2
- Chillicothe, approvals2
- Edwards, approvals2
| Borrower city | 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 |
| Chillicothe | 2 | $1,475,000 |
| Edwards | 2 | $285,000 |
| 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 large 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
Flood risk in Peoria County
- Participation of the county's own NFIP community Peoria County, unincorporated areasParticipating, community 170533
- Community Rating System class of the county's own communityClass 5
- Communities in the county 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
- Radon levels in Peoria 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 Peoria County (community 170533), participates in the National Flood Insurance Program and carries Community Rating System class 5, a flood insurance premium discount for policies written there. The EPA places Peoria 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. 90.0 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 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.
- Population, American Community Survey 2020-2024179,645
- 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?
The Census Bureau estimates 179,630 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 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's population growing?
The population has fallen 1.31 percent since the 2020 census base of 182,021, to 179,630 on July 1, 2024. 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 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 employment by industry in Peoria County?
Health care and social assistance is the largest private sector at 24,682 jobs, 23.7 percent of covered employment. Covered employment averages 103,940 jobs at an average annual pay of $74,778, or $1,438 a week. 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 totaling $69.5 m since FY2020, across 39 lenders, with a median approval of $332,500, plus 71 504 approvals worth $51.8 m since FY2010. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Peoria County?
71 housing units were authorized 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 Tazewell County, with 895 households. Arriving households report an average income of $55,152 against $73,282 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?
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.
Peoria County
Cities and places in Peoria.
21 Census places lie wholly or partly in Peoria County. All 21 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 |
|---|---|---|---|---|
| Peoria | city | 112,169 | 62 | Wholly in this county |
| Chillicothe | city | 5,900 | 2 | Wholly in this county |
| Bartonville | village | 5,841 | None recorded | Wholly in this county |
| Peoria Heights | village | 5,825 | 7 | 93.4 percent here, 6.6 percent Tazewell County |
| West Peoria | city | 4,238 | 2 | Wholly in this county |
| Elmwood | city | 2,327 | None recorded | Wholly in this county |
| Bellevue | village | 2,106 | None recorded | Wholly in this county |
| Farmington | city | 2,050 | None recorded | 10.1 percent here, 89.9 percent Fulton County |
| Rome | CDP | 1,947 | None recorded | Wholly in this county |
| Princeville | village | 1,837 | 1 | Wholly in this county |
| Lake Camelot | CDP | 1,629 | None recorded | Wholly in this county |
| Dunlap | village | 1,360 | 4 | Wholly in this county |
| Hanna City | village | 1,330 | None recorded | Wholly in this county |
| Brimfield | village | 750 | None recorded | Wholly in this county |
| Glasford | village | 720 | None recorded | Wholly in this county |
| Norwood | village | 532 | None recorded | Wholly in this county |
| Trivoli | CDP | 365 | None recorded | Wholly in this county |
| Mapleton | village | 332 | None recorded | Wholly in this county |
| Kingston Mines | village | 182 | None recorded | Wholly in this county |
| Mossville | CDP | 51 | None recorded | Wholly in this county |
| Smithville | CDP | 44 | None recorded | Wholly in this county |
A further 2 of the county's 80 SBA 7(a) approvals are to borrowers in cities that match no Census place in Peoria County, the largest being Edwards (2). Those are postal cities, unincorporated areas and cities outside the county, so no place row claims them; they are counted in the county total above.
Nearby