Vermilion County, Illinois: commercial real estate data.
Vermilion County, Illinois had an estimated 71,106 residents on July 1, 2024, down 4.2 percent since the 2020 census base of 74,203, across 898 square miles. County output reached $4.18 bn in 2024, 1,300 establishments operate here, and the SBA record carries 45 7(a) approvals worth $23.7 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Vermilion County
How many people live in Vermilion County
- Population, American Community Survey 2020-202472,386
- Households30,084
- Average household size2.41
- Median household income$56,877
- Median age41.3
- Median gross rent$838 per month
- Median owner-occupied home value$97,200
- Home value to household income1.7 times
- Annual rent as a share of median income17.7 percent
- Adults 25 and over with a bachelor degree or higher19.2 percent
- Adults 25 and over with a graduate degree7.8 percent
- Adults 25 and over49,879
- Population under 1816,954
- Share under 1823.4 percent
- Population 65 and over14,698
- Share 65 and over20.3 percent
- Working age population, 18 to 6440,734
- Civilian labor force32,298
- Unemployment rate6.1 percent
- Labor force participation, adults 18 and over58.3 percent
- Rank by population among Illinois counties21st of 102
- Rank by population among US county-equivalents, Puerto Rico included772nd of 3,222
Vermilion County is the 21st largest of 102 Illinois counties by population. A median home costs 1.7 times median household income, which is affordable by national standards. Residents under 18 outnumber those 65 and over, at 23.4 percent against 20.3 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Vermilion County
Is Vermilion County's population growing?
- Population, July 1, 202471,106
- Census 2020 base population74,203
- Population change since the 2020 census base-4.17 percent
- Population change, 2023 to 2024-445
- Births, 2024776
- Deaths, 20241,133
- Natural change, 2024-357
- Net domestic migration, 2024-107
- Net international migration, 202421
- Total net migration, 2024-86
- Cumulative net domestic migration, 2021 to 2024-1,589
- Rank by growth among US county-equivalents2920th of 3,144
The county has lost 4.17 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.
Vermilion County
Where are people moving to Vermilion County from?
- Tax returns filed by households arriving1,063
- People arriving, from those returns1,991
- Tax returns filed by households leaving1,357
- Net household movement-294
- Adjusted gross income arriving$43.1 m
- Net adjusted gross income movement$-14.9 m
- Average income of an arriving household$40,507
- Average income of a leaving household$42,709
- Largest single originChampaign County (209 households)
- Largest single destinationChampaign County (243 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Champaign County | 209 | 405 | $9.9 m |
| Cook County | 83 | 159 | $2.4 m |
| Iroquois County | 44 | 83 | $1.3 m |
| Fountain County | 44 | 84 | $1.8 m |
| Marion County | 24 | 44 | $559,000 |
Households arriving report $2,202 less average income than households leaving, which drains spending power even where headcount holds up. The largest single source of arrivals is Champaign 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.
Vermilion County
What is the Vermilion County economy?
- County GDP, 2024$4.18 bn
- County GDP, 2023$4.11 bn
- GDP change, 2023 to 20241.7 percent
- GDP change over five years28.7 percent
- Rank by GDP among the Illinois areas BEA publishes23rd of 102
- Rank by GDP among the US county areas BEA publishes785th of 3,127
- GDP per resident$57,748
Output grew 1.7 percent in the latest year and 28.7 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.
Vermilion County
Employment by industry in Vermilion County
- Covered employment, annual average25,748
- Establishments reporting1,313
- Average annual pay$54,579
- Average weekly wage$1,050
- Manufacturing, employment4,038
- Manufacturing, average annual pay$66,630
- Retail trade, employment2,993
- Retail trade, average annual pay$32,259
- Health care and social assistance, employment2,859
- Health care and social assistance, average annual pay$53,718
- Accommodation and food services, employment2,012
- Accommodation and food services, average annual pay$19,401
- Wholesale trade, employment1,880
- Transportation and warehousing, employment1,414
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Manufacturing | 4,038 | 74 | $66,630 |
| Retail trade | 2,993 | 213 | $32,259 |
| Health care and social assistance | 2,859 | 116 | $53,718 |
| Accommodation and food services | 2,012 | 145 | $19,401 |
| Wholesale trade | 1,880 | 70 | $70,291 |
| Transportation and warehousing | 1,414 | 50 | $49,551 |
| Finance and insurance | 1,170 | 57 | $79,391 |
| Administrative and support and waste management services | 921 | 48 | $82,916 |
Manufacturing is the largest private sector at 4,038 jobs, 15.7 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Vermilion County
How many businesses are in Vermilion County?
- Establishments, all industries1,300
- Employment at those establishments23,008
- Annual payroll$1.16 bn
- Establishments per 1,000 residents18.0
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.
Vermilion County
Building permits in Vermilion County
- Housing units authorized by permit, 20244
- Declared construction value permitted$1.9 m
- Single family units authorized4
- Multifamily units authorized0
- Multifamily share of units0.0 percent
- Average declared value per unit$469,762
- Units authorized per 1,000 households0.1
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.
Vermilion County
SBA loans in Vermilion County (7(a) and 504)
- 7(a) approvals recorded45
- 7(a) gross approval dollars$23.7 m
- Average 7(a) approval$525,604
- Median 7(a) approval$252,000
- 10th percentile approval$72,000
- 90th percentile approval$1,376,900
- Largest single approval$4,183,000
- Jobs reported supported, 7(a)455
- Jobs per approval10.1
- Distinct 7(a) lenders active14
- Distinct industries receiving approvals28
- Median 7(a) term180 months
- Share of loans on real estate terms, 240 months or longer42.2 percent
- Loans on real estate terms19
- Loans on working capital terms, 120 months or shorter15
- Franchise loans6
- Franchise share of approvals13.3 percent
- Leading industry by approval countHotels (except Casino Hotels) and Motels (6)
- Most active lenderThe Fisher National Bank (23)
- 504 approvals recorded23
- 504 gross approval dollars$9.8 m
- Average 504 approval$427,522
- Median 504 approval$309,000
- Distinct CDCs active2
- 504 jobs per approval9.7
- 504 jobs per million dollars approved22.6
- Most active CDCSmall Business Growth Corporation (14)
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$33.5 m
The average approval of $525,604 sits well above the median of $252,000, pulled up by a few larger deals, so the median is the better guide to what a typical borrower here gets. 42.2 percent of approvals run on real estate terms of 240 months or more, so this is a market where SBA credit is buying buildings, not just funding operations.
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.
Vermilion County
SBA loan default and charge-off rates in Vermilion County
Do SBA loans in Vermilion County get paid back?
- Loans with a final outcome recorded5
- Paid in full5
- Charged off0
- Status: Paid in full5
- Status: Cancelled4
- Status: Exempt from disclosure33
- Status: Committed, not yet disbursed3
Only 5 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.
Vermilion County
SBA lending by place in Vermilion County
- Borrower cities with recorded lending9
- Danville, approvals35
- Sidell, approvals2
- Westville, approvals2
- Tilton, approvals1
- Strawberry Plains, approvals1
- Catlin, approvals1
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Danville | 35 | $21,336,700 |
| Sidell | 2 | $640,500 |
| Westville | 2 | $375,000 |
| Tilton | 1 | $850,000 |
| Strawberry Plains | 1 | $150,000 |
| Catlin | 1 | $128,000 |
| Bismarck | 1 | $85,000 |
| Hoopeston | 1 | $62,000 |
| 1 other borrower city | 1 | $25,000 |
Danville accounts for 35 approvals against 2 in Sidell. 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.
Vermilion County
How large is Vermilion County?
- Land area898 sq mi
- Rank by land area among Illinois counties7th of 102
- Width, east to west21.7 mi
- Height, north to south42.2 mi
- Geographies sharing a boundary7
- Residents per square mile of land81
- Establishments per square mile1.45
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.
Vermilion County
Flood risk in Vermilion County
- Participation of the county's own NFIP community Vermilion County, unincorporated areasParticipating, community 170935
- Communities in the county in the NFIP Community Status Book18
- Of those, participating in the NFIP13
- NFIP participation rate72.2 percent
- Communities carrying a CRS class0
- Radon levels in Vermilion 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 Vermilion County (community 170935), participates in the National Flood Insurance Program and carries no Community Rating System class, so no CRS premium discount applies there. The EPA places Vermilion 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. 72.2 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 Vermilion 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 Vermilion County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-202472,386
- Households30,084
- Average household size2.41
- Median household income$56,877
- Median age41.3
Common questions
Vermilion County questions, answered from the record.
How many people live in Vermilion County, Illinois?
The Census Bureau estimates 71,106 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 72,386, in 30,084 households, ranking 21st of 102 Illinois counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Vermilion County's population growing?
The population has fallen 4.17 percent since the 2020 census base of 74,203, to 71,106 on July 1, 2024. In 2024 there were 776 births against 1,133 deaths, with net migration of -86. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Vermilion County?
$56,877. The median owner-occupied home is valued at $97,200, which is 1.7 times income, and median gross rent is $838 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Vermilion County?
1,300 establishments, employing 23,008 people with an annual payroll of $1.16 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 Vermilion County?
Manufacturing is the largest private sector at 4,038 jobs, 15.7 percent of covered employment. Covered employment averages 25,748 jobs at an average annual pay of $54,579, or $1,050 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Vermilion County?
45 7(a) approvals totaling $23.7 m since FY2020, across 14 lenders, with a median approval of $252,000, plus 23 504 approvals worth $9.8 m since FY2010. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Vermilion County?
4 housing units were authorized by permit in 2024, with a declared construction value of $1.9 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Vermilion 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 Vermilion County come from?
The largest single origin is Champaign County, with 209 households. Arriving households report an average income of $40,507 against $42,709 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Vermilion 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 Vermilion 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.
Vermilion County
Cities and places in Vermilion.
23 Census places lie wholly or partly in Vermilion County. All 23 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 |
|---|---|---|---|---|
| Danville | city | 28,595 | 35 | Wholly in this county |
| Hoopeston | city | 5,034 | 1 | Wholly in this county |
| Westville | village | 3,419 | 2 | Wholly in this county |
| Georgetown | city | 3,069 | None recorded | Wholly in this county |
| Tilton | village | 2,453 | 1 | Wholly in this county |
| Catlin | village | 2,160 | 1 | Wholly in this county |
| Oakwood | village | 1,380 | None recorded | Wholly in this county |
| Rossville | village | 1,332 | None recorded | Wholly in this county |
| Ridge Farm | village | 827 | None recorded | Wholly in this county |
| Potomac | village | 605 | None recorded | Wholly in this county |
| Rankin | village | 601 | 1 | Wholly in this county |
| Fithian | village | 578 | None recorded | Wholly in this county |
| Fairmount | village | 555 | None recorded | Wholly in this county |
| Bismarck | village | 507 | 1 | Wholly in this county |
| Sidell | village | 440 | 2 | Wholly in this county |
| East Lynn | CDP | 373 | None recorded | Wholly in this county |
| Belgium | village | 290 | None recorded | Wholly in this county |
| Henning | village | 236 | None recorded | Wholly in this county |
| Alvan (Alvin) | village | 230 | None recorded | Wholly in this county |
| Allerton | village | 205 | None recorded | 78.5 percent here, 21.5 percent Champaign County |
| Indianola | village | 183 | None recorded | Wholly in this county |
| Olivet | CDP | 149 | None recorded | Wholly in this county |
| Muncie | village | 147 | None recorded | Wholly in this county |
A further 1 of the county's 45 SBA 7(a) approvals are to borrowers in cities that match no Census place in Vermilion County, the largest being Strawberry Plains (1). 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.