ExecutivePulse
Official Federal Data

Coles County, Illinois

FIPS 17029 · Charleston-Mattoon, IL · Population 46,777
9 Sources Updated June 22, 2026
$56,478
Median Income
$80,734 national
3.8%
Unemployment
4% national
$3.5B
GDP
26.9%
Bachelor's+
35.7% national

Demographics & Population

Census Bureau American Community Survey 2020-2024 · 5-Year Estimates

Household Income

Source: U.S. Census Bureau · American Community Survey 2020-2024 5-Year Estimates
Median Household
$56,478
Per Capita
$33,885
Mean Household
$74,657
Poverty Rate
18.7%
Median Income Comparison
Coles County$56,478
Illinois$83,390
National$80,734

Population Profile

Source: Census Bureau ACS 2020-2024 · Tables B01001, B02001, B03003
65+: 18.4% (8,592 residents) 55-64: 12.2% (5,722 residents) 35-54: 21.8% (10,205 residents) 18-34: 29.3% (13,709 residents) Under 18: 18.3% (8,549 residents) 38 Median Age
Cohorts
Under 18 · 18.3%
18-34 · 29.3%
35-54 · 21.8%
55-64 · 12.2%
65+ · 18.4%
Race & Ethnicity
White89.7%
Black or African American3.6%
Asian1.3%
Hispanic or Latino(any race)3.9%
Hispanic or Latino is an ethnic category and overlaps with the race categories above.

Educational Attainment

Source: Census Bureau ACS 2020-2024 · Table B15003 · Population 25+
91.1%
High School+
National: 89.6%
▲ +1.5 pts
26.9%
Bachelor's+
National: 35.7%
▼ 8.8 pts
11.1%
Graduate+
National: 14.1%
▼ 3.0 pts

Employment Overview

Source: U.S. Census Bureau · American Community Survey 2020-2024 5-Year Estimates
46,777
Population
23,861
Labor Force
Employed
22,336
Unemployment Rate BLS LAUS 2025 annual
3.8% ▼ 0.1 pts YoY
Mean Commute 8 min below national avg
18.2 min
Work From Home vs 15.1% national
7.2%
Key Takeaways
  • Income gap: Households earn meaningfully less than the national median, which directly affects retail demand, housing absorption, and tax base.
  • Elevated poverty: At 18.7%, the rate is in economically distressed territory and supports federal funding narratives (CDFI, NMTC, EDA).
  • Talent gap: Bachelor's-or-higher attainment trails the national average by 8.8 pts, relevant for advanced-services attraction strategy.

Economy & Industry

Bureau of Labor Statistics QCEW · Bureau of Economic Analysis

$3.5B
Gross Domestic Product · 2024
Source: Bureau of Economic Analysis · CAGDP1 Regional GDP

Top Industries by Employment

Source: Bureau of Labor Statistics · Quarterly Census of Employment & Wages 2025 Annual
Top industries by employment in Coles County, Illinois, with employment, share of top sectors, and average wage
IndustryEmploymentShare of Top 10Avg Wage
1Health Care and Social Assistance
6,675 38.2%
$65,296
2Retail Trade
2,539 14.5%
$34,774
3Accommodation and Food Services
2,434 13.9%
$21,136
4Administrative and Support and Waste Management
1,395 8.0%
$47,359
5Manufacturing
1,385 7.9%
$75,909
6Wholesale Trade
796 4.6%
$65,019
7Construction
743 4.2%
$68,888
8Finance and Insurance
687 3.9%
$90,565
9Other Services (except Public Administration)
509 2.9%
$28,754
10Transportation and Warehousing
328 1.9%
$60,090
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Key Takeaways
  • Largest sector: Health Care and Social Assistance employs 6,675 workers (38.2% of tracked sectors), at an average wage of $65,296.
  • Economic scale: Regional GDP of $3.5B (2024).
  • Wage stratification: Finance and Insurance averages $90,565 while Accommodation and Food Services averages $21,136, a 4.3x spread in the same local economy, with implications for workforce development and talent strategy.
Source: BLS QCEW + BEA Regional GDP.
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Industry Concentration

Location Quotient measures regional specialization vs. national average. LQ > 1.0 = concentrated.

Location Quotient Analysis

Concentrated Industries
Source: BLS QCEW · 3-digit NAICS sub-sector · Location Quotient vs. national employment share
Same source as the Top Industries table above, sub-sector view surfaces the specialization the supersector view masks (e.g., Plastics & Rubber Manufacturing inside the Manufacturing supersector).
Nursing and Residential Care Facilities
3.89x
2,021
Fabricated Metal Product Manufacturing
2.83x
613
General Merchandise Retailers
1.94x
952
Motor Vehicle and Parts Dealers
1.67x
517
Utilities
1.60x
146
Merchant Wholesalers, Nondurable Goods
1.53x
509

Cluster Depth

Source: BLS QCEW · Sub-sectors with LQ ≥ 1.5 indicate genuine cluster concentration
Dominant Cluster
Health Care & Social Assistance Cluster
Coherent grouping of concentrated sub-sectors, signals supply-chain fit for site selectors
2,021
Cluster Employment
3.89x
Peak LQ
Concentrated Sub-Sectors
Nursing and Residential Care Facilities
3.89x 2,021
Fabricated Metal Product Manufacturing
2.83x 613
General Merchandise Retailers
1.94x 952
Motor Vehicle and Parts Dealers
1.67x 517
Utilities
1.60x 146
Merchant Wholesalers, Nondurable Goods
1.53x 509

Attraction Opportunities

LQ < 0.5 with ≥ 50 employed, realistic diversification targets. Source: BLS QCEW
0.31x
Accommodation
89 employed
0.39x
Personal and Laundry Services
93 employed
0.45x
Real Estate
125 employed
Key Takeaways
  • Top specialization: Nursing and Residential Care Facilities concentrates at 3.89x the national norm, strong concentration that anchors the local economy and supports supply-chain attraction strategy.
  • Cluster depth: 6 sub-sectors register LQ ≥ 1.5, suggesting an interconnected industrial base rather than reliance on a single employer or sector.
  • Attraction whitespace: 8 sub-sectors register LQ < 0.5, candidates for diversification or recruitment depending on labor-market fit.
Source: BLS QCEW sub-sector Location Quotients.
Coles County's Top Sectors by Workforce Share
Each rectangle's area is proportional to that sector's share of total private-sector employment across all NAICS supersectors. Hover for exact employment.
Source: Bureau of Labor Statistics QCEW 2025 Annual · Private sector, NAICS supersectors

Housing & Affordability

Census ACS · HUD Fair Market Rents FY2026

Housing Overview

Source: Census Bureau ACS 2020-2024 5-Year Estimates · Tables B25001, B25077, B25064
$127,400
Median Home Value vs 2019
$780
Rent/Mo
60.4%
Owner-Occ
8.2%
Vacancy
2.3x
Home Value to Income Ratio - Affordable
vs. ~4.1x national average

HUD Fair Market Rents

Source: HUD · Fair Market Rents FY2026
Studio
$665/mo
1 Bedroom
$759/mo
2 Bedroom
$965/mo
3 Bedroom
$1,261/mo
4 Bedroom
$1,348/mo
30% of monthly median household income (~$1,412/mo) · rents above this line are typically considered cost-burdened.
Key Takeaways
  • Affordable market: Home value to income ratio of 2.3x is well below the ~4.1x national average; supports talent attraction and family settlement narratives.
  • Broadly affordable rents: All 5 HUD Fair Market Rent bedroom tiers sit below the 30%-of-median-income affordability threshold (~$1,412/mo), a clear cost-of-living advantage for workforce attraction.
Source: Census ACS housing tables + HUD Fair Market Rents.

Workforce Pipeline

Labor force readiness, commuting, and workforce composition

Labor Market Overview

Source: Census ACS 2020-2024 · Tables B01001, B23025, B08303, B08301
29,636
Working Age (18-64) vs 2019
Mean Commute 8 min below national avg
18.2 min
Work From Home vs 15.1% national
7.2%
Prime-Age Employed (25-54)
78.3%
of prime-age population
Labor force participation rate: 62.4% of working-age population (18-64) 62% Participation
▼ vs 2019

Education & Talent Pipeline

Source: Census ACS 2020-2024 · Table B15003 · College Scorecard
Bachelor's+
26.9%
HS Diploma+
91.1%
Regional / Statewide Institutions
Total credentials awarded
57,734/yr
University of Illinois Urbana-Champaign 15,945/yr
Chamberlain University-Illinois 11,893/yr
DeVry University-Illinois 9,399/yr
University of Illinois Chicago 8,607/yr
Loyola University Chicago 5,976/yr
DePaul University 5,914/yr

Aging Workforce

Source: Census Bureau ACS · Derived from age & employment tables
19.3%
55-64 of working-age population (18-64)

Workforce by Occupation

Source: Census ACS 2020-2024 · Table C24010 · Civilian employed population 16+
Management / Professional
34.8%
Service
20.5%
Sales & Office
19.5%
Construction / Maint.
8.4%
Production / Transport
16.8%
Bars scaled 2× for visual differentiation; percentage labels show actual share of 22,336 employed workers.
Key Takeaways
  • Short commutes: 18.2-minute mean commute is a quality-of-life and labor-access advantage worth surfacing for site selectors.
  • Talent pipeline: 6 regional institutions feed the workforce; the top three combined produce 37,237 annual credentials.
Source: ACS workforce data and College Scorecard.

AI Insights

AI-assisted analysis, drawn from 9 federal data sources

Sample AI Insight

Coles County shows meaningful potential for nursing and residential care facilities attraction, with a 3.89x concentration and 2,021 jobs in this sub-sector.

The interconnected base across nursing and residential care facilities, fabricated metal product manufacturing, and general merchandise retailers creates supply-chain attraction leverage rather than single-employer risk, a structural advantage for industrial recruitment.

Industry Shift Analysis

Manufacturing Automation Risk
High
Healthcare Growth Forecast
+4.2% CAGR
Remote Work Migration
67/100

Prospect Match Scores

Advanced Manufacturing
92/100
Life Sciences
84/100
Data Centers
71/100
Illustrative example

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Data Sources

Updated from official federal government data.

Census ACS 5-Year2024
BLS QCEW2025 annual
BLS LAUS (via FRED)2025 annual
BEA Regional GDP2024
Census CBP2023
HUD Fair Market RentsFY2026
FCC Broadband Map2024
USAspending.govFY2026
College ScorecardAY 2022-23

Frequently Asked Questions

Key economic and demographic figures for Coles County, Illinois, from federal data sources.

What is the population of Coles County, Illinois?

46,777 (U.S. Census Bureau, ACS 5-Year Estimates).

What is the median household income in Coles County, Illinois?

$56,478 (U.S. Census Bureau, ACS 5-Year Estimates).

What is the unemployment rate in Coles County, Illinois?

3.8% (2025 annual average, U.S. Bureau of Labor Statistics, LAUS).

What is the GDP of Coles County, Illinois?

$3.5B (U.S. Bureau of Economic Analysis, CAGDP1).