RELEASED: 2023 Market Profile

2023 Market Profile – Kankakee County

2023 Perfil de Mercado – Condado de Kankakee

Boasting capital investment of more than $1.5B over the recent years, exporting more than $7B from our Kankakee County businesses and manufacturers, and with an economical cost of living (92.1%) and housing costs (79.4%), this community is a draw for business, industry and livability.

Kankakee County is ranked #5 among small manufacturing communities in the United States (Business Facilities Magazine), and ranked #1 for best small community for carpenters, #2 for best small community for nurses and #6 for best small community for law enforcement by AdvisorSmith in 2022. Paired with a diverse set of industries – everything from healthcare and pharmaceuticals to steel, food and plastics manufacturing, and transportation and logistics – the area remains on a strong growth trajectory. In fact, our manufacturing sector is on track to grow almost 14% in the next decade, with more than 7,000 employees in that industry locally.

Dozens of companies are accelerating growth and expansion by investing millions into our local economy. 2021 brought more than $256 million in announced capital improvement projects. CSL Behring, Nucor Steel, Rise Baking, and Urban Farmer, just some of the area’s largest employers, are willing to place their future among our communities by increasing production lines and expanding operations.

The demand for a talented workforce is at a prime. Our cost of living – consistently near 90% – is a draw for not only in-person workers, but also remote workers. And our educational opportunities, with Olivet Nazarene University, Kankakee Community College and the Kankakee Area Career Center, offer training and certifications to all residents at all levels.

Read more about Kankakee County by downloading the 2023 Market Profile or el 2023 Perfil de Mercado.

Download the Market Profile here:

 

2023 Perfil de Mercado: