Tazewell County, Illinois: commercial real estate data.
Tazewell County, Illinois had an estimated 129,821 residents on July 1, 2024, down 1.3 percent since the 2020 census base of 131,552, across 649 square miles. County output reached $7.84 bn in 2024, 2,772 establishments operate here, and the SBA record carries 60 7(a) approvals worth $48.6 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Tazewell County
How many people live in Tazewell County
- Population, American Community Survey 2020-2024130,290
- Households54,051
- Average household size2.41
- Median household income$77,982
- Median age41.9
- Median gross rent$909 per month
- Median owner-occupied home value$167,500
- Home value to household income2.1 times
- Annual rent as a share of median income14.0 percent
- Adults 25 and over with a bachelor degree or higher28.4 percent
- Adults 25 and over with a graduate degree9.2 percent
- Adults 25 and over92,090
- Population under 1828,584
- Share under 1821.9 percent
- Population 65 and over25,882
- Share 65 and over19.9 percent
- Working age population, 18 to 6475,824
- Civilian labor force65,315
- Unemployment rate3.6 percent
- Labor force participation, adults 18 and over64.2 percent
- Rank by population among Illinois counties16th of 102
- Rank by population among US county-equivalents, Puerto Rico included503rd of 3,222
Tazewell County is the 16th largest of 102 Illinois counties by population. A median home costs 2.1 times median household income, which is affordable by national standards. Residents under 18 outnumber those 65 and over, at 21.9 percent against 19.9 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Tazewell County
Is Tazewell County's population growing?
- Population, July 1, 2024129,821
- Census 2020 base population131,552
- Population change since the 2020 census base-1.32 percent
- Population change, 2023 to 2024-14
- Births, 20241,217
- Deaths, 20241,519
- Natural change, 2024-302
- Net domestic migration, 2024209
- Net international migration, 202482
- Total net migration, 2024291
- Cumulative net domestic migration, 2021 to 2024-21
- Rank by growth among US county-equivalents2297th of 3,144
The county has lost 1.32 percent of its population since the 2020 census base. Deaths exceeded births in 2024 by more than net migration added, so the population fell even though more people moved in than left.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Tazewell County
Where are people moving to Tazewell County from?
- Tax returns filed by households arriving3,012
- People arriving, from those returns5,138
- Tax returns filed by households leaving2,896
- Net household movement116
- Adjusted gross income arriving$179.7 m
- Net adjusted gross income movement$-4.3 m
- Average income of an arriving household$59,652
- Average income of a leaving household$63,516
- Largest single originPeoria County (1,059 households)
- Largest single destinationPeoria County (895 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Peoria County | 1,059 | 1,765 | $54.4 m |
| Woodford County | 234 | 413 | $13.5 m |
| McLean County | 183 | 299 | $10.9 m |
| Mason County | 82 | 154 | $3.6 m |
| Cook County | 65 | 109 | $3.6 m |
| Fulton County | 59 | 89 | $3.1 m |
| Logan County | 50 | 76 | $2.9 m |
| Sangamon County | 32 | 53 | $2.6 m |
Households arriving report $3,864 less average income than households leaving, which drains spending power even where headcount holds up. The largest single source of arrivals is Peoria 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.
Tazewell County
What is the Tazewell County economy?
- County GDP, 2024$7.84 bn
- County GDP, 2023$7.44 bn
- GDP change, 2023 to 20245.3 percent
- GDP change over five years37.2 percent
- Rank by GDP among the Illinois areas BEA publishes17th of 102
- Rank by GDP among the US county areas BEA publishes536th of 3,127
- GDP per resident$60,138
Output grew 5.3 percent in the latest year and 37.2 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.
Tazewell County
Employment by industry in Tazewell County
- Covered employment, annual average46,883
- Establishments reporting2,560
- Average annual pay$56,089
- Average weekly wage$1,079
- Retail trade, employment6,691
- Retail trade, average annual pay$37,877
- Manufacturing, employment6,282
- Manufacturing, average annual pay$77,331
- Accommodation and food services, employment5,473
- Accommodation and food services, average annual pay$23,539
- Health care and social assistance, employment4,339
- Health care and social assistance, average annual pay$43,725
- Construction, employment3,101
- Transportation and warehousing, employment2,830
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Retail trade | 6,691 | 347 | $37,877 |
| Manufacturing | 6,282 | 121 | $77,331 |
| Accommodation and food services | 5,473 | 274 | $23,539 |
| Health care and social assistance | 4,339 | 229 | $43,725 |
| Construction | 3,101 | 282 | $75,240 |
| Transportation and warehousing | 2,830 | 104 | $81,959 |
| Wholesale trade | 2,207 | 98 | $73,534 |
| Professional, scientific and technical services | 1,814 | 206 | $69,230 |
Retail trade is the largest private sector at 6,691 jobs, 14.3 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Tazewell County
How many businesses are in Tazewell County?
- Establishments, all industries2,772
- Employment at those establishments43,738
- Annual payroll$2.26 bn
- Establishments per 1,000 residents21.3
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.
Tazewell County
Building permits in Tazewell County
- Housing units authorized by permit, 2024117
- Declared construction value permitted$32.8 m
- Single family units authorized77
- Multifamily units authorized40
- Multifamily share of units34.2 percent
- Average declared value per unit$280,233
- Units authorized per 1,000 households2.2
Single-family homes are 65.8 percent of units authorized, so the pipeline is predominantly single-family.
US Census Bureau, Building Permits Survey, 2024 annual.
Tazewell County
SBA loans in Tazewell County (7(a) and 504)
- 7(a) approvals recorded60
- 7(a) gross approval dollars$48.6 m
- Average 7(a) approval$809,270
- Median 7(a) approval$245,000
- 10th percentile approval$55,400
- 90th percentile approval$2,195,630
- Largest single approval$5,000,000
- Jobs reported supported, 7(a)759
- Jobs per approval12.7
- Distinct 7(a) lenders active24
- Distinct industries receiving approvals36
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer28.3 percent
- Loans on real estate terms17
- Loans on working capital terms, 120 months or shorter40
- Franchise loans11
- Franchise share of approvals18.3 percent
- Leading industry by approval countHotels (except Casino Hotels) and Motels (9)
- Most active lenderMorton Community Bank (15)
- 504 approvals recorded48
- 504 gross approval dollars$36.7 m
- Average 504 approval$764,021
- Median 504 approval$476,500
- Distinct CDCs active4
- 504 jobs per approval15.0
- 504 jobs per million dollars approved19.6
- Most active CDCSmall Business Growth Corporation (28)
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$85.2 m
The average approval of $809,270 sits well above the median of $245,000, pulled up by a few larger deals, so the median is the better guide to what a typical borrower here gets. Only 28.3 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.
Tazewell County
SBA loan default and charge-off rates in Tazewell County
Do SBA loans in Tazewell County get paid back?
- Loans with a final outcome recorded12
- Paid in full12
- Charged off0
- Status: Cancelled9
- Status: Exempt from disclosure37
- Status: Paid in full12
- Status: Committed, not yet disbursed2
Only 12 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.
Tazewell County
SBA lending by place in Tazewell County
- Borrower cities with recorded lending7
- Pekin, approvals20
- East Peoria, approvals19
- Washington, approvals10
- Morton, approvals6
- Minier, approvals2
- Mackinaw, approvals2
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Pekin | 20 | $20,231,400 |
| East Peoria | 19 | $16,691,000 |
| Washington | 10 | $8,867,500 |
| Morton | 6 | $2,120,000 |
| Minier | 2 | $422,500 |
| Mackinaw | 2 | $150,000 |
| South Pekin | 1 | $73,800 |
Pekin accounts for 20 approvals against 19 in East Peoria. 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.
Tazewell County
How large is Tazewell County?
- Land area649 sq mi
- Rank by land area among Illinois counties29th of 102
- Width, east to west34.8 mi
- Height, north to south29.6 mi
- Geographies sharing a boundary6
- Residents per square mile of land201
- Establishments per square mile4.27
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.
Tazewell County
Flood risk in Tazewell County
- Participation of the county's own NFIP community Tazewell County, unincorporated areasParticipating, community 170815
- Communities in the county in the NFIP Community Status Book16
- Of those, participating in the NFIP16
- NFIP participation rate100.0 percent
- Communities carrying a CRS class0
- Radon levels in Tazewell 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 Tazewell County (community 170815), participates in the National Flood Insurance Program and carries no Community Rating System class, so no CRS premium discount applies there. The EPA places Tazewell 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. 100.0 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 Tazewell 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 Tazewell County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-2024130,290
- Households54,051
- Average household size2.41
- Median household income$77,982
- Median age41.9
Common questions
Tazewell County questions, answered from the record.
How many people live in Tazewell County, Illinois?
The Census Bureau estimates 129,821 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 130,290, in 54,051 households, ranking 16th of 102 Illinois counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Tazewell County's population growing?
The population has fallen 1.32 percent since the 2020 census base of 131,552, to 129,821 on July 1, 2024. In 2024 there were 1,217 births against 1,519 deaths, with net migration of 291. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Tazewell County?
$77,982. The median owner-occupied home is valued at $167,500, which is 2.1 times income, and median gross rent is $909 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Tazewell County?
2,772 establishments, employing 43,738 people with an annual payroll of $2.26 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 Tazewell County?
Retail trade is the largest private sector at 6,691 jobs, 14.3 percent of covered employment. Covered employment averages 46,883 jobs at an average annual pay of $56,089, or $1,079 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Tazewell County?
60 7(a) approvals totaling $48.6 m since FY2020, across 24 lenders, with a median approval of $245,000, plus 48 504 approvals worth $36.7 m since FY2010. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Tazewell County?
117 housing units were authorized by permit in 2024, with a declared construction value of $32.8 m. Multifamily was 34.2 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Tazewell 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 Tazewell County come from?
The largest single origin is Peoria County, with 1,059 households. Arriving households report an average income of $59,652 against $63,516 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Tazewell 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 Tazewell 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.
Tazewell County
Cities and places in Tazewell.
19 Census places lie wholly or partly in Tazewell County. All 19 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 |
|---|---|---|---|---|
| Pekin | city | 31,781 | 20 | Wholly in this county |
| East Peoria | city | 22,324 | 19 | Wholly in this county |
| Morton | village | 16,595 | 6 | Wholly in this county |
| Washington | city | 15,919 | 10 | Wholly in this county |
| Peoria Heights | village | 5,825 | None recorded | 6.6 percent here, 93.4 percent Peoria County |
| Creve Coeur | village | 4,621 | None recorded | Wholly in this county |
| Marquette Heights | city | 2,492 | None recorded | Wholly in this county |
| Tremont | village | 2,366 | None recorded | Wholly in this county |
| Mackinaw | village | 1,979 | 2 | Wholly in this county |
| North Pekin | village | 1,571 | None recorded | Wholly in this county |
| Heritage Lake | CDP | 1,522 | None recorded | Wholly in this county |
| Delavan | city | 1,489 | None recorded | Wholly in this county |
| Minier | village | 1,102 | 2 | Wholly in this county |
| Goodfield | village | 985 | None recorded | 16.5 percent here, 83.5 percent Woodford County |
| South Pekin | village | 883 | 1 | Wholly in this county |
| Hopedale | village | 753 | None recorded | Wholly in this county |
| Green Valley | village | 683 | None recorded | Wholly in this county |
| Deer Creek | village | 654 | None recorded | 78.1 percent here, 21.9 percent Woodford County |
| Armington | village | 343 | None recorded | Wholly in this county |
Nearby