Illinois is a state in the Midwestern region of the United States, achieving statehood in 1818. It is the 5th-most populous state and 25th-largest state in terms of land area, and is noted as a microcosm of the entire country.[7] The word "Illinois" comes from a French rendering of a native Algonquin word. With Chicago in the northeast, small industrial cities and great agricultural productivity in central and northern Illinois, and natural resources like coal, timber, and petroleum in the south, Illinois has a diverse economic base and is a major transportation hub. The Port of Chicago connects the state to other global ports from the Great Lakes, via the Saint Lawrence Seaway, to the Atlantic Ocean, as well as the Great Lakes to the Mississippi River, via the Illinois Waterway. For decades, O'Hare International Airport has been ranked as one of the world's busiest airports. Illinois has long had a reputation as a bellwether both in social and cultural terms[7] and politics.

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EDO Spotlight

Regional Marketplace Illinois (Coming Soon)
EDO Website Illinois Department of Commerce
SelectUSA Contact Fred Johnson




Solar and Wind Energy Rebate Program Cash Rebate

Encourages the utilization of smaller-scale solar and wind energy systems in Illinois. Offers incentives up to 30% of total project cost for residential and business applicants, and 50% for public sector and non-profit entities,for a max rebate of $30,000

Employer Training Investment Program (ETIP) Grants

The state can provide reimbursable grants of up to $500 for each new full-time job created. (Note: the ETIP program has not received a funding allocation for the current fiscal year).

Large Business Development Program (LBDP) Grants

Discretionary grants are available for major expansion or relocation projects that create and/or retain a large number of jobs. The funds may be used for bondable business activities, including financing the purchase of land or buildings, building construction or renovation, and certain types of machinery and equipment. Businesses relocating to Illinois from out-of-state must create at least 500 jobs to qualify for the program. This program also provides long term fixed-rate low-interest loans.

WIA Statewide Local Incentive Grants

Formula-based grants to LWIAs that meet WIA performance measures. Grantee must be a designated Local Workforce Investment Area (LWIA) to be eligible to receive Title I Incentive Bonus Award funding. If performance goals are exceeded, the LWIA may be eligible to receive an incentive bonus award.

Enterprise Zone Program Special Zoning

Businesses locating in one of state’s 104 dedicated Enterprise Zones may qualify for certain incentives including a sales tax exemption on building materials, an investment tax credit of .5% of qualified property, a state utility tax exemption on gas, electricity and telecommunication, as well as other incentives.

Illinois Energy Now Program Custom Incentive Tax Credits

The Custom Incentive Program provides incentives for energy efficiency improvements not listed in the Standard Incentive Program.

Economic Development for a Growing Economy (EDGE) Tax Credits

Provides non-refundable annual tax credits against corporate income taxes over a period of up to 10 years. EDGE credits are equal to a percentage of the new income tax withholdings generated by new job creation. To qualify, companies with 100 or fewer employees must create new jobs equal to at least 5% of their total worldwide employment; there is no minimum investment. Companies with more than 100 employees must create new jobs equal to the lesser of 10% of their total worldwide employment or 50 new jobs; they must also invest at least $2.5 million in the project. Below are the policy changes enacted under the new EDGE legislation:

Property tax exemptions Tax Exemptions

All personal property of businesses; inventories, machinery, and intangibles are exempt.

High Impact Business (HIB) Tax Exemptions

To stimulate large-scale economic development projects outside of Enterprise Zone locations, the HIB program offers investment tax credits, a state sales tax exemption on building materials, an exemption from state sales tax on utilities, and a state sales tax exemption on purchases of personal property used or consumed in the manufacturing process or in the operation of a pollution control facility. Qualifying businesses must make a minimum capital investment of $12 million and create at least 500 full-time jobs.

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Census Data

Population estimates, July 1, 2016, (V2016)12,801,539
Population estimates base, April 1, 2010, (V2016)12,831,574
Population, percent change - April 1, 2010 (estimates base) to July 1, 2016, (V2016)-0.20
Population, Census, April 1, 201012,830,632
Age and Sex
Persons under 5 years, percent, April 1, 20106.50
Persons under 18 years, percent, April 1, 201024.40
Persons 65 years and over, percent, April 1, 201012.50
Female persons, percent, April 1, 201051.00
Race and Hispanic Origin
White alone, percent, April 1, 201071.50
Black or African American alone, percent, April 1, 201014.50
American Indian and Alaska Native alone, percent, April 1, 20100.30
Asian alone, percent, April 1, 20104.60
Native Hawaiian and Other Pacific Islander alone, percent, April 1, 2010
Two or More Races, percent, April 1, 20102.30
Hispanic or Latino, percent, April 1, 2010 (b)15.80
White alone, not Hispanic or Latino, percent, April 1, 201063.70
Population Characteristics
Veterans, 2011-2015668,933
Foreign born persons, percent, 2011-201514.00
Housing units, April 1, 20105,296,715
Owner-occupied housing unit rate, 2011-201566.40
Median value of owner-occupied housing units, 2011-2015173,800
Median selected monthly owner costs -with a mortgage, 2011-20151,636
Median selected monthly owner costs -without a mortgage, 2011-2015574
Median gross rent, 2011-2015907
Families and Living Arrangements
Households, 2011-20154,786,388
Persons per household, 2011-2015263.00
Living in same house 1 year ago, percent of persons age 1 year+, 2011-201586.80
Language other than English spoken at home, percent of persons age 5 years+, 2011-201522.70
High school graduate or higher, percent of persons age 25 years+, 2011-201587.90
Bachelor's degree or higher, percent of persons age 25 years+, 2011-201532.30
With a disability, under age 65 years, percent, 2011-20157.10
Persons without health insurance, under age 65 years, percent8.10
In civilian labor force, total, percent of population age 16 years+, 2011-201565.60
In civilian labor force, female, percent of population age 16 years+, 2011-201560.70
Total accommodation and food services sales, 2012 ($1,000) (c)27,937,381
Total health care and social assistance receipts/revenue, 2012 ($1,000) (c)83,431,778
Total manufacturers shipments, 2012 ($1,000) (c)281,037,755
Total merchant wholesaler sales, 2012 ($1,000) (c)295,456,992
Total retail sales, 2012 ($1,000) (c)166,634,514
Total retail sales per capita, 2012 (c)12,942
Mean travel time to work (minutes), workers age 16 years+, 2011-201528
Income and Poverty
Median household income (in 2015 dollars), 2011-201557,574
Per capita income in past 12 months (in 2015 dollars), 2011-201530,494
Persons in poverty, percent13.60
All firms, 20121,135,017
Men-owned firms, 2012609,648
Women-owned firms, 2012417,500
Minority-owned firms, 2012311,684
Nonminority-owned firms, 2012311,684
Veteran-owned firms, 201289,110
Nonveteran-owned firms, 20121,006,885
Population per square mile, 2010231
Land area in square miles, 201055,519