Monday, November 27, 2006

Demographic Profile for Champaign County, Illinois

Champaign County, Illinois has a population that is made of 75.2 percent White, 11 percent African American, 7.9 percent Asian, and 3.8 percent Hispanic. The area population base can be described as having a high level of diversity in terms of race and ethnicity, with 22.7 percent of the population made up of minorities. This is less than the State of Illinois percent of 33.1. Since 2000, Champaign has increased the percent of minority makeup when 20.6 percent of the population were minorities.

Estimated since the year 2000, a very high number of individuals have migrated to Champaign internationally. The international migration into Champaign totals 1.8 percent of the total migration into the State of Illinois. This percent of immigration can be considered very high when analyzed against immigration per population in 2005.

The U.S. Census Bureau, in the year 2005, estimated a median age in Champaign County, Illinois to be 28.2 years of age. The median age in Champaign is less than the median in Illinois of 35.6. Since 2000, the area has experienced a decline in the median age, when it was 28.5 years old. With a total of 20.1 percent of the 2005 population being made up of children and youth younger than 18, Champaign can be understood as having a medium-low proportion of youths. The working age population group (18-64) has a relatively high presence of the 2005 population base, with 69.9 percent of the population within the age group. People 65 and older make up 10 percent of the population. When compared to other counties in the United States, this represents a medium-low percent of the population.

Champaign County, Illinois had an estimated population of 184,905 for the year 2005. The total population has increased, since its 2000 population of 179,803. This growth signifies an increase of 2.8 percent. Champaign ranks 13 of 102 counties when calculating total change in population for Illinois and the county ranks 491 of 3,141 counties by growth in county population in the United States.

When measuring the total land area, Champaign extends a total area of 997 square miles. This area has a medium-low average area density of 185 persons per square mile, in 2005. Other US counties with similar densities include: -- more densely populated -- Cole, MO (186 per sq. mile ), Eaton, MI (186 per sq. mile ), Jackson, MS (187 per sq. mile ), -- less densely populated -- Fayette, PA (185 per sq. mile ), Johnston, NC (185 per sq. mile ), LaPorte, IN (185 per sq. mile ).

Datasource: Population Estimates Program, U.S. Bureau of the Census.

Friday, November 10, 2006

Housing Report for Champaign County, Illinois

The State of Illinois, Champaign County is positioned 14 of 102 by percentage growth in residential real estate. The county is positioned 773 of 3,141, compared to change in residential structure growth in counties throughout the Unities States.

The residential home values in Champaign County, Illinois have seen large increases from the housing values in 2000. The residential values have increased by $32,800, or 34.6 percent, from when in 2000 they were valued at $94,700.

Champaign County recorded a median home value in 2005 of $127,500, accounted by the American Community Survey. This value is less than the overall Illinois 2005 home median value of $183,900 and less than home value of $167,500 for the United States in the same year.

Champaign County may be be described as having a medium proportion of high-valued homes. In 2005, the American Community Survey accounted that 1.9 percent of the homes were valued over $500,000.

According to the data, there is a fair amount affordable residential real estate in Champaign County, Illinois. In 2005, 48.5 percent of housing was valued under $125k.

In Champaign County, the real estate market was made up of 80,549 housing structures in 2005. The area has seen growth in housing units, adding a total of 4,088 housing units since the year 2001, or 5.3 percent.

Data Source: U.S. Census Bureau

 

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