Richland County, Illinois: commercial real estate data.
Richland County, Illinois had an estimated 15,362 residents on July 1, 2024, down 2.9 percent since the 2020 census base of 15,825, across 360 square miles. 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 since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Richland County
How many people live in Richland County
- Population, American Community Survey 2020-202415,598
- 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-equivalents, Puerto Rico included2120th of 3,222
Richland County is the 67th largest of 102 Illinois counties by population. A median home costs 1.8 times median household income, which is affordable 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's population growing?
- Population, July 1, 202415,362
- Census 2020 base population15,825
- Population change since the 2020 census base-2.93 percent
- Population change, 2023 to 2024-140
- 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 of 3,144
The county has lost 2.93 percent of its population since the 2020 census base. The population fell in 2024 from both sources: deaths exceeded births and more people left than moved in.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Richland County
Where are people moving to Richland County from?
- Tax returns filed by households arriving300
- People arriving, from those returns549
- Tax returns filed by households leaving294
- Net household movement6
- Adjusted gross income arriving$14.7 m
- Net adjusted gross income movement$1.3 m
- Average income of an arriving household$49,077
- Average income of a leaving household$45,714
- Largest single originClay County (27 households)
- Largest single destinationClay County (24 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Clay County | 27 | 48 | $1.0 m |
| Lawrence County | 26 | 53 | $1.3 m |
| Jasper County | 23 | 43 | $794,000 |
Households arriving report $3,363 more average income than households leaving, so the migration is raising local spending power rather than just moving it around. The largest single source of arrivals is Clay 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.
Richland County
What is the Richland County economy?
- 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 the Illinois areas BEA publishes66th of 102
- Rank by GDP among the US county areas BEA publishes2000th of 3,127
- 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
Employment by industry in Richland County
- Covered employment, annual average5,834
- Establishments reporting392
- Average annual pay$50,035
- Average weekly wage$962
- Transportation and warehousing, employment1,247
- Transportation and warehousing, average annual pay$53,652
- Health care and social assistance, employment945
- Health care and social assistance, average annual pay$67,790
- Retail trade, employment692
- Retail trade, average annual pay$35,059
- Accommodation and food services, employment521
- Accommodation and food services, average annual pay$18,139
- Manufacturing, employment377
- Finance and insurance, employment243
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Transportation and warehousing | 1,247 | 18 | $53,652 |
| Health care and social assistance | 945 | 39 | $67,790 |
| Retail trade | 692 | 55 | $35,059 |
| Accommodation and food services | 521 | 34 | $18,139 |
| Manufacturing | 377 | 20 | $59,299 |
| Finance and insurance | 243 | 17 | $68,831 |
| Other services, except public administration | 185 | 34 | $31,024 |
| Construction | 121 | 38 | $46,297 |
Transportation and warehousing is the largest private sector at 1,247 jobs, 21.4 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Richland County
How many businesses are 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. 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.
Richland County
Building permits in Richland County
- Housing units authorized by permit, 20247
- Declared construction value permitted$2.5 m
- Single family units authorized7
- Multifamily units authorized0
- Multifamily share of units0.0 percent
- Average declared value per unit$351,790
- Units authorized per 1,000 households1.1
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.
Richland County
SBA loans in Richland County (7(a) and 504)
- 7(a) approvals recorded2
- 7(a) gross approval dollars$2.2 m
- Average 7(a) approval$1,108,000
- Median 7(a) approval$1,108,000
- 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) term210 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
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Richland County
SBA loan default and charge-off rates in 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
Only 1 loan has 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.
Richland County
SBA lending by place in Richland County
- Borrower cities with recorded lending2
- Olney, approvals1
- Claremont, approvals1
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Olney | 1 | $1,145,000 |
| Claremont | 1 | $1,071,000 |
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Richland County
How large 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
Flood risk in Richland County
- Participation of the county's own NFIP community Richland County, unincorporated areasParticipating, community 170995
- Communities in the county in the NFIP Community Status Book4
- Of those, participating in the NFIP2
- NFIP participation rate50.0 percent
- Communities carrying a CRS class0
- Radon levels in Richland County, EPA zone predicted average indoor radon screening level from 2 to 4 pCi/LZone 2
The county's own community in the status book, unincorporated Richland County (community 170995), participates in the National Flood Insurance Program and carries no Community Rating System class, so no CRS premium discount applies there. The EPA places Richland County in radon zone 2, a predicted average indoor radon screening level from 2 to 4 pCi/L. The zone is a screening prediction for the county and does not substitute for a test at an address. 50.0 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 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.
- Population, American Community Survey 2020-202415,598
- 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?
The Census Bureau estimates 15,362 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 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's population growing?
The population has fallen 2.93 percent since the 2020 census base of 15,825, to 15,362 on July 1, 2024. 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 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 employment by industry in Richland County?
Transportation and warehousing is the largest private sector at 1,247 jobs, 21.4 percent of covered employment. Covered employment averages 5,834 jobs at an average annual pay of $50,035, or $962 a week. 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 totaling $2.2 m since FY2020, across 2 lenders, with a median approval of $1,108,000. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Richland County?
7 housing units were authorized 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 Clay County, with 27 households. Arriving households report an average income of $49,077 against $45,714 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?
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.
Richland County
Cities and places in Richland.
6 Census places lie wholly or partly in Richland County. All 6 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 |
|---|---|---|---|---|
| Olney | city | 8,577 | 1 | Wholly in this county |
| Noble | village | 649 | None recorded | Wholly in this county |
| Dundas | CDP | 272 | None recorded | Wholly in this county |
| Parkersburg | village | 237 | None recorded | Wholly in this county |
| Calhoun | village | 227 | None recorded | Wholly in this county |
| Claremont | village | 195 | 1 | Wholly in this county |
Nearby