Pecatonica Office & Commercial Space
Located in Winnebago County, Illinois and the Rockford, Illinois Metropolitan Statistical Area, Pecatonica is one of several small villages in the area which feature an affordable cost of living and quaint, small-town environment that may prove to be particularly appealing for both residents and business owners alike. With a residential population of nearly 2,000 inhabitants, Pecatonica’s intimate, welcoming atmosphere has proved to be quite alluring for those seeking rental properties for lease, including office space for rent and commercial space for rent, which will provide a solid foundation on which to further develop and expand throughout the region and state at large. The neighborhood zones of Pecatonica are the ideal location for those interested in exploring the vast economic potential of Illinois’ village life.
Pecatonica Economic Overview
Median household incomes in Pecatonica are approximately $55,500, slightly above state averages. Featuring a largely middle class population, Pecatonica hosts a predominantly working-class demographic, with individuals typically being employed in industries including manufacturing, construction and retail trade, among others. Unemployment levels in Pecatonica are markedly higher than state averages, which may dissuade potential renters from establishing their businesses here. That being said, the low cost of living found in Pecatonica allows residents to enjoy a significant degree of purchasing power. The per capita income of Pecatonica is $20,420. According to recent estimates, 3.6% of families here are currently living below the poverty line.
Pecatonica At A Glance
The village of Pecatonica was first incorporated into the state of Illinois in 1869. In its early years of development, the community profited greatly from the close proximity of the Chicago and North Western Railroad. Today, the community features a variety of attractions that may prove to be appealing for both locals and tourists, including the Winnebago County Fair, which hosts numerous musical performances, auto shows, antique vendors and social activities. Demographically, Pecatonica is almost exclusively Caucasian, with only 1.5% of the population representing additional ethnic groups. Of the 791 households found here, 61% include married couples.
Where To Lease In Pecatonica
The downtown area of Pecatonica offers business owners the best possibility visibility and exposure within the community at large. Thanks to the relatively affordable leasing rates on properties situated throughout the community, those interested in leasing properties here will be able to take full advantage of Pecatonica’s attractive real estate options without straining their budget.
Learn More About Pecatonica
Real time and historical data on commercial real estate listings in Pecatonica.