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Peoria, IL Metro Area&

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Population
376,044
0.25% decline
Median Age
39.6
Median Household Income
$57,090
1.31% growth
Poverty Rate
11.4%
Number of Employees
176,126
0.72% decline
Median Property Value
$136,800
0.22% decline

Economy

The economy of Peoria, IL Metro Area employs 176,126 people. The economy of Peoria, IL Metro Area is specialized in Manufacturing; Agriculture, Forestry, Fishing, Hunting; and Healthcare & Social Assistance, which employ respectively 1.65; 1.57; and 1.25 times more people than what would be expected in a location of this size. The largest industries in Peoria, IL Metro Area are Healthcare & Social Assistance (30,359), Manufacturing (27,980), and Retail trade (21,508), and the highest paying industries are Utilities ($67,941), Management of Companies & Enterprises ($59,211), and Professional, Scientific, Tech Services ($50,194).

Median household income in Peoria, IL Metro Area is $57,090. Males in Peoria, IL Metro Area have an average income that is 1.36 times higher than the average income of females, which is $52,320. The income inequality of Peoria, IL Metro Area (measured using the Gini index) is 0.488 which is higher than the national average.

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Health & Safety

Insurance and Medicare coverage combined with state and county level health and safety statistics for Peoria, IL Metro Area. In Illinois the age groups most likely to have health care coverage are 6-17 and 6-17, men and women, respectively. The location has a 1 to 80 primary care clinician to patient ratio and a Medicare reimbursement average per patient per year of $9,939. St. Clair County, IL has the highest prevalence of homicides of any county in Illinois.

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Showing data across all counties in Illinois.

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Diversity

Peoria, IL Metro Area is home to a population of 376,044 people, from which 97.9% are citizens. The ethnic composition of the population of Peoria, IL Metro Area is composed of 310,103 White residents (82.5%), 35,830 Black residents (9.5%), 13,014 Hispanic residents (3.46%), 9,679 Asian residents (2.57%), and 5,975 Two+ residents (1.59%). The most common foreign languages in Peoria, IL Metro Area are Spanish (8,691 speakers), German (1,258 speakers), and Other Asian (1,258 speakers), but compared to other places, Peoria, IL Metro Area has a relative high number of Other (228 speakers), German (1,258 speakers), and Hindi (882 speakers).

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Education

In 2015 universities in Peoria, IL Metro Area awarded 4,593 degrees. The student population of Peoria, IL Metro Area is skewed towards females, with 1,766 male students and 2,827 female students. Most students in Peoria, IL Metro Area are White (3,579 and 77.9%), followed by Black or African American (395 and 8.6%), Hispanic or Latino (170 and 3.7%), and Asian (117 and 2.55%). The largest universities in Peoria, IL Metro Area by number of graduates are Illinois Central College (1,810 and 39.4%), Bradley University (1,497 and 32.6%), and Midwest Technical Institute-East Peoria (471 and 10.3%). The most popular majors in Peoria, IL Metro Area are Registered Nursing (371 and 8.08%), General Business Administration & Management (108 and 2.35%), and Mechanical Engineering (79 and 1.72%). The median tuition costs in Peoria, IL Metro Area are N/A for private four year colleges, and $31,740 and $31,740 respectively, for public four year colleges for in-state students and out-of-state students.

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Housing & Living

The median property value in Peoria, IL Metro Area is $136,800, which is 0.67 times smaller than the national average of $205,000. Between 2015 and 2016 the median property value decreased from $137,100 to $136,800, a 0.22% increase. The homeownership rate of Peoria, IL Metro Area is 71.5%, which is higher than the national average of 63.1%. People in Peoria, IL Metro Area have an average commute time of 19.5 minutes, and they commute by Drove Alone. Car ownership in Peoria, IL Metro Area is approximately the same as the national average, with an average of 2 cars per household.

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