Places/IL/Champaign County, IL
County profile

Champaign County, IL

United States · GDP 2024
#322 of 3,127 US counties by GDP49th-percentile growthmore diversified than 85% of counties
EA Place Score
methodology in progress
GDP 2024 (USD)
$15.4B
BEA · 2024
GDP growth (YoY)
+4.3%
BEA · 2024
Jobs tracked
73,261
Census CBP · 2023
Employers
4,237
Census CBP · 2023
Avg. wage
$60.7k
BLS QCEW · 2023
Population
209,972
Census PEP · 2025
Labor, income & education
Unemployment
4.6%
Median HH income
$63.7k±$1.7k
Bachelor's degree+
46.2%±1.6%
Poverty rate
19.1%±1.2%
Business applications
2,289 · 2025
Retail establishments
562
26.9/10k pop

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA
1First Busey CorporationFinancial Services$719.6M56C2Great American Bancorp, Inc.Financial Services$13.5M59C

HQ-based placement with total (global) headcount — local employment attribution needs firmographic data; the industry mix at right is measured county data (CBP).

Industry mix · employment
Health care33%
Food & accommodation21%
Retail trade19%
Manufacturing14%
Other services7%
Construction7%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 20202025
209,972
residents · 2025 · +1.8% since 2020
Income per capita $59.9k · BEA 2024
COMPONENTS OF CHANGE · 20212025
Domestic migration11,123
International migration+12,358
Natural change+2,332

GDP trend

20192024 · nominal
$11.6B
2019
$11.7B
2020
$12.7B
2021
$13.7B
2022
$14.8B
2023
$15.4B
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$211.5k±$4.5k
Median gross rent
$1.1k/mo±$21/mo
Vacancy rate
10.1%±0.9%
Affordability
3.5× wages
Residential permits
$174.3M
860 units · 4.1/1k pop
FEMA risk score
90.5
HUD Fair Market Rent (2BR):$1.1k/mo · 2026
TOP PERILS · FEMA NRI
Cold wave 98Drought 95Winter weather 95
FHFA HOUSE PRICE INDEX · 20162025
241
2016
243
2017
249
2018
253
2019
256
2020
278
2021
315
2022
340
2023
364
2024
390
2025
RESIDENTIAL PERMITS · 20212025
45% since 2021
594
2021
890
2022
583
2023
565
2024
860
2025

Transport access

BTS · FAA · USACE
Nearest interstate
0.6 km
I-74
Nearest freight rail
2.3 km
CN
Nearest port
131.5 km
U.S. ARMY CORPS OF ENGINEERS, ILLINOIS WATERWAY PROJECT OFFICE SL
Nearest commercial airport
13.0 km
UNIVERSITY OF ILLINOIS/WILLARD
Wage trend
BLS QCEW · 20192023
$60.7k
avg. annual pay · +23% since 2019
The read

What is the GDP of Champaign?

Champaign's economy produced $15.4B in 2024, growing 4.3% year over yearabout the middle of the pack among US counties. Its largest employment sector is health care.

GDP: BEA (2024), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.