Woodford County, Illinois: commercial real estate data.
Woodford County, Illinois had an estimated 38,290 residents on July 1, 2024, down 0.4 percent since the 2020 census base of 38,457, across 528 square miles. County output reached $1.78 bn in 2024, 793 establishments operate here, and the SBA record carries 11 7(a) approvals worth $2.0 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Woodford County
How many people live in Woodford County
- Population, American Community Survey 2020-202438,312
- Households14,685
- Average household size2.61
- Median household income$91,483
- Median age40.4
- Median gross rent$912 per month
- Median owner-occupied home value$197,600
- Home value to household income2.2 times
- Annual rent as a share of median income12.0 percent
- Adults 25 and over with a bachelor degree or higher35.9 percent
- Adults 25 and over with a graduate degree13.0 percent
- Adults 25 and over25,943
- Population under 189,161
- Share under 1823.9 percent
- Population 65 and over7,416
- Share 65 and over19.4 percent
- Working age population, 18 to 6421,735
- Civilian labor force19,102
- Unemployment rate3.5 percent
- Labor force participation, adults 18 and over65.5 percent
- Rank by population among Illinois counties34th of 102
- Rank by population among US county-equivalents, Puerto Rico included1239th of 3,222
Woodford County is the 34th largest of 102 Illinois counties by population. A median home costs 2.2 times median household income, which is affordable by national standards. Residents under 18 outnumber those 65 and over, at 23.9 percent against 19.4 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Woodford County
Is Woodford County's population growing?
- Population, July 1, 202438,290
- Census 2020 base population38,457
- Population change since the 2020 census base-0.43 percent
- Population change, 2023 to 2024-97
- Births, 2024406
- Deaths, 2024456
- Natural change, 2024-50
- Net domestic migration, 2024-127
- Net international migration, 202480
- Total net migration, 2024-47
- Cumulative net domestic migration, 2021 to 2024-168
- Rank by growth among US county-equivalents1992nd of 3,144
The county has lost 0.43 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.
Woodford County
Where are people moving to Woodford County from?
- Tax returns filed by households arriving995
- People arriving, from those returns1,886
- Tax returns filed by households leaving960
- Net household movement35
- Adjusted gross income arriving$63.4 m
- Net adjusted gross income movement$-1.6 m
- Average income of an arriving household$63,739
- Average income of a leaving household$67,733
- Largest single originTazewell County (237 households)
- Largest single destinationTazewell County (234 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Tazewell County | 237 | 454 | $14.8 m |
| McLean County | 168 | 342 | $10.4 m |
| Peoria County | 166 | 296 | $10.0 m |
| Marshall County | 40 | 80 | $1.8 m |
| Cook County | 25 | 34 | $2.0 m |
| Livingston County | 22 | 39 | $1.0 m |
Households arriving report $3,994 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.
Woodford County
What is the Woodford County economy?
- County GDP, 2024$1.78 bn
- County GDP, 2023$1.69 bn
- GDP change, 2023 to 20245.5 percent
- GDP change over five years42.8 percent
- Rank by GDP among the Illinois areas BEA publishes42nd of 102
- Rank by GDP among the US county areas BEA publishes1373rd of 3,127
- GDP per resident$46,547
Output grew 5.5 percent in the latest year and 42.8 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.
Woodford County
Employment by industry in Woodford County
- Covered employment, annual average11,428
- Establishments reporting803
- Average annual pay$54,993
- Average weekly wage$1,058
- Manufacturing, employment1,846
- Manufacturing, average annual pay$74,327
- Health care and social assistance, employment1,380
- Health care and social assistance, average annual pay$47,918
- Retail trade, employment1,191
- Retail trade, average annual pay$49,274
- Construction, employment1,045
- Construction, average annual pay$77,549
- Accommodation and food services, employment770
- Wholesale trade, employment693
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Manufacturing | 1,846 | 45 | $74,327 |
| Health care and social assistance | 1,380 | 39 | $47,918 |
| Retail trade | 1,191 | 90 | $49,274 |
| Construction | 1,045 | 136 | $77,549 |
| Accommodation and food services | 770 | 56 | $19,539 |
| Wholesale trade | 693 | 34 | $82,618 |
| Professional, scientific and technical services | 551 | 53 | $50,269 |
| Agriculture, forestry, fishing and hunting | 346 | 42 | $62,867 |
Manufacturing is the largest private sector at 1,846 jobs, 16.2 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Woodford County
How many businesses are in Woodford County?
- Establishments, all industries793
- Employment at those establishments8,503
- Annual payroll$480.4 m
- Establishments per 1,000 residents20.7
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.
Woodford County
Building permits in Woodford County
- Housing units authorized by permit, 202431
- Declared construction value permitted$9.8 m
- Single family units authorized31
- Multifamily units authorized0
- Multifamily share of units0.0 percent
- Average declared value per unit$317,058
- Units authorized per 1,000 households2.1
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.
Woodford County
SBA loans in Woodford County (7(a) and 504)
- 7(a) approvals recorded11
- 7(a) gross approval dollars$2.0 m
- Average 7(a) approval$179,964
- Median 7(a) approval$100,000
- Largest single approval$500,000
- Jobs reported supported, 7(a)49
- Jobs per approval4.5
- Distinct 7(a) lenders active6
- Distinct industries receiving approvals9
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer0.0 percent
- Loans on real estate terms0
- Loans on working capital terms, 120 months or shorter11
- Franchise loans0
- Franchise share of approvals0.0 percent
- Most active lenderU.S. Bank, National Association (5)
- 504 approvals recorded6
- 504 gross approval dollars$2.2 m
- Average 504 approval$360,833
- Median 504 approval$385,500
- Distinct CDCs active3
- 504 jobs per approval4.3
- 504 jobs per million dollars approved12.0
- Most active CDCSmall Business Growth Corporation (3)
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$4.1 m
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.
Woodford County
SBA loan default and charge-off rates in Woodford County
Do SBA loans in Woodford County get paid back?
- Loans with a final outcome recorded2
- Paid in full2
- Charged off0
- Status: Paid in full2
- Status: Cancelled3
- Status: Exempt from disclosure5
- Status: Committed, not yet disbursed1
Only 2 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.
Woodford County
SBA lending by place in Woodford County
- Borrower cities with recorded lending6
- Eureka, approvals4
- Metamora, approvals2
- El Paso, approvals2
- Roanoke, approvals1
- Goodfield, approvals1
- Washburn, approvals1
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Eureka | 4 | $208,800 |
| Metamora | 2 | $700,000 |
| El Paso | 2 | $70,000 |
| Roanoke | 1 | $500,000 |
| Goodfield | 1 | $400,800 |
| Washburn | 1 | $100,000 |
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Woodford County
How large is Woodford County?
- Land area528 sq mi
- Rank by land area among Illinois counties49th of 102
- Width, east to west32.8 mi
- Height, north to south23 mi
- Geographies sharing a boundary6
- Residents per square mile of land73
- Establishments per square mile1.50
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.
Woodford County
Flood risk in Woodford County
- Participation of the county's own NFIP community Woodford County, unincorporated areasParticipating, community 170730
- Communities in the county in the NFIP Community Status Book10
- Of those, participating in the NFIP9
- NFIP participation rate90.0 percent
- Communities carrying a CRS class0
- Radon levels in Woodford 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 Woodford County (community 170730), participates in the National Flood Insurance Program and carries no Community Rating System class, so no CRS premium discount applies there. The EPA places Woodford 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. 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 Woodford 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 Woodford County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-202438,312
- Households14,685
- Average household size2.61
- Median household income$91,483
- Median age40.4
Common questions
Woodford County questions, answered from the record.
How many people live in Woodford County, Illinois?
The Census Bureau estimates 38,290 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 38,312, in 14,685 households, ranking 34th of 102 Illinois counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Woodford County's population growing?
The population has fallen 0.43 percent since the 2020 census base of 38,457, to 38,290 on July 1, 2024. In 2024 there were 406 births against 456 deaths, with net migration of -47. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Woodford County?
$91,483. The median owner-occupied home is valued at $197,600, which is 2.2 times income, and median gross rent is $912 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Woodford County?
793 establishments, employing 8,503 people with an annual payroll of $480.4 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 Woodford County?
Manufacturing is the largest private sector at 1,846 jobs, 16.2 percent of covered employment. Covered employment averages 11,428 jobs at an average annual pay of $54,993, or $1,058 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Woodford County?
11 7(a) approvals totaling $2.0 m since FY2020, across 6 lenders, with a median approval of $100,000, plus 6 504 approvals worth $2.2 m since FY2010. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Woodford County?
31 housing units were authorized by permit in 2024, with a declared construction value of $9.8 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Woodford 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 Woodford County come from?
The largest single origin is Tazewell County, with 237 households. Arriving households report an average income of $63,739 against $67,733 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Woodford 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 Woodford 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.
Woodford County
Cities and places in Woodford.
17 Census places lie wholly or partly in Woodford County. All 17 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 |
|---|---|---|---|---|
| Eureka | city | 5,007 | 4 | Wholly in this county |
| Metamora | village | 4,159 | 2 | Wholly in this county |
| Germantown Hills | village | 3,436 | None recorded | Wholly in this county |
| El Paso | city | 2,917 | 2 | 97.4 percent here, 2.6 percent McLean County |
| Roanoke | village | 1,967 | 1 | Wholly in this county |
| Minonk | city | 1,941 | None recorded | Wholly in this county |
| Goodfield | village | 985 | 1 | 83.5 percent here, 16.5 percent Tazewell County |
| Washburn | village | 945 | 1 | 82.0 percent here, 18.0 percent Marshall County |
| Congerville | village | 752 | None recorded | Wholly in this county |
| Deer Creek | village | 654 | None recorded | 21.9 percent here, 78.1 percent Tazewell County |
| Spring Bay | village | 520 | None recorded | Wholly in this county |
| Benson | village | 428 | None recorded | Wholly in this county |
| Secor | village | 300 | None recorded | Wholly in this county |
| Bay View Gardens | village | 281 | None recorded | Wholly in this county |
| Kappa | village | 226 | None recorded | Wholly in this county |
| Lowpoint | CDP | 116 | None recorded | Wholly in this county |
| Panola | village | 36 | None recorded | Wholly in this county |
Nearby