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Harvel: Economy & Jobs

Harvel's typical household earns $61,250 (about the same as Montgomery County median $63,620; 1.4× below Illinois median $83,390), with homes at a median value of $55,000. The surrounding county supports 9,353 jobs (avg $51,042).

Income & Affordability

Median household income $61,250 — below the Illinois median ($77,902). Poverty rate 23.9% (U.S. average ~12.5%). 7% of renters spend more than half their income on rent ("severely cost-burdened" by HUD definition; U.S. ~24%).

Affordability · Home Price To Income0.9×
Affordability · Home Affordabilityaffordable
Affordability · Rent Pct Income14.3%
Affordability · Rent Affordabilityaffordable
Affordability · Pct Severely Rent Burdened7.1%
Affordability · Poverty Rate23.9%
Affordability · Property Tax Pct Income1.6%
Irs Income · IRS tax returns filed$14,870
Irs Income · Total Adjusted Gross Income (thousands)$1,023,470
Irs Income · Average AGI per return$68,828 (vs Illinois $100,597)
Irs Income · Year2022
Income Estimate$72,359
Median Household Income$61,250 (vs Illinois $77,902)
Poverty Rate23.9%

Sources: IRS SOI 2022 · Census ACS 5-Year 2023  ·  Refreshed 2026-04-12

Economic Character

Qualitative classification derived from Census occupation, industry, and income data — workforce composition (white-collar/blue-collar), top employing sector, and income tier.

Economic Character · Workforceblue_collar
Economic Character · Top IndustryArts Food
Economic Character · Income Levelmiddle-class
Economic Character · Median Income$61,250

Employment & Workforce

Employment + workforce stats. The county-level employment count covers all jobs within the county, not just town residents.

Commuter Profile · Primary Modedrove alone
Employment · Avg annual employment (county)9,353
Employment · Total annual wages (county)$477,417,804
Employment · Average annual pay$51,042
Employment · Year2024
State Occupation Wages · Year2023
State Occupation Wages · All Occupations · Soc Code00-0000
State Occupation Wages · All Occupations · TitleAll Occupations
State Occupation Wages · All Occupations · Employment6,011,660

Sources: BLS QCEW 2023 · BLS Occupational Employment and Wage Statistics (OES)  ·  Refreshed 2026-04-12

Industry Sectors

Major industries by establishment count from Census County Business Patterns (2022). Sectors are NAICS-coded; counts are county-wide employer establishments.

Agriculture · Total Farms242
Agriculture · Land In Farms Acres280,582
Agriculture · Avg Farm Size Acres1,159.40
Agriculture · Top CommoditiesCrop Totals, Grain, Corn, Soybeans, Animal Totals
Agriculture · Year2022
Business Patterns · Establishments (employer count)714
Business Patterns · Total Employees7,315
Business Patterns · Annual Payroll Thousands360,543
Business Patterns · Year2022

Sources: USDA NASS Census 2022 — county FIPS matched · Census CBP API — county FIPS match

Local Business Mix

Retail and service businesses by category (Census CBP NAICS-coded). Counts cover the surrounding county, not just the town. Reflects the everyday commercial mix residents can access.

Local Businesses · Grocery Stores9
Local Businesses · Liquor Stores4
Local Businesses · Gas Stations20
Local Businesses · General Merchandise8
Local Businesses · New Car Dealers6
Local Businesses · Beauty Salons3
Local Businesses · Auto Repair13
Local Businesses · Funeral Homes4

Sources: Census CBP — NAICS detail codes

Dining Scene

Eating + drinking establishments by NAICS category (Census CBP 2022) — full-service restaurants, fast-food, bars, coffee shops. County-level counts.

Dining Scene · Full Service Restaurants23
Dining Scene · Fast Food18
Dining Scene · Bars24
Dining Scene · Coffee Snacks4

Sources: Census CBP NAICS 722

Banking

FDIC-insured bank branches with addresses. Branch density correlates with population — fewer branches per resident in lower-density areas.

Branches (10)

First National Bank of Pana
ASSUMPTION BRANCH · East Illinois Street And Route 51 · 62510
First National Bank in Taylorville
First National Bank in Taylorville · 322 W Main Cross St · 62568
Midland Community Bank
Midland Community Bank · 112 Market St · 62540
The First National Bank of Raymond
MORRISONVILLE BRANCH · 401 Sarpy St · 62546
Regions Bank
TAYLORVILLE IL BRANCH · 725 W Spresser St · 62568
Peoples Bank & Trust
MORRISONVILLE BRANCH · 409 Carlin St · 62546
The First National Bank of Assumption
The First National Bank of Assumption · 141 N Chestnut St · 62510
Citizens Bank of Edinburg
Citizens Bank of Edinburg · 100 E Washington St · 62531
Heartland Bank and Trust Company
TAYLORVILLE BRANCH · 620 N Webster St · 62568
FIRST NATIONAL BANK OF NOKOMIS
STONINGTON BRANCH · 108 E 3rd St · 62567

SNAP & Food Access

USDA-authorized SNAP retailers — supermarkets, super stores, convenience stores, and other locations where SNAP benefits can be redeemed. Per-1K density tracks food access.

Sample (3)

CASEY'S GENERAL STORE 3464
Convenience Store · 1002 SARPY ST
6th Street Market
Grocery Store · 304 SE 6th St
Dollar General 23387
Other · 539 IL Rt 48
Nearest Snap · NameCasey's General Store 1513
Nearest Snap · Distance3.3 mi

Sources: USDA SNAP — nearest by coordinates

Chamber of Commerce

IRS-registered chamber of commerce organizations matched to this town. Reflects the IRS Exempt Organizations BMF; some chambers operate informally and may not appear here.

Chamber Of Commerce · NameLOMBARD AREA CHAMBER OF COMMERCE AND INDUSTRY

Sources: IRS EO BMF  ·  Refreshed 2026-04-12

Spending & Tax

Federal spending flowing to the surrounding county — direct payments, grants, contracts, loans (USAspending.gov).

Federal Spending · Federal Spending Fy2024$204,638,079
Federal Spending · Per Capita6,013.11 (vs Illinois $6,804)
Federal Spending · Population34,032 people (vs Illinois 39,460)

Sources: USAspending API

Other

Pct Drove Alone93.3%
Retirement Score · Median age36.2 years (vs Illinois 37.7y)
Retirement Score · Ss Household Pct33.8%
Retirement Score · Hospitals Nearby2
Retirement Score · Va AccessYes
Retirement Score · Factorsstrong SS base, hospital access, VA nearby
Retirement Score · Ratinggood

Sources: Census ACS 5-Year 2023  ·  Refreshed 2026-04-12