Roanoke, IL's Data
About Roanoke, IL's
Roanoke, Illinois is a small village located in Woodford County. Established in the 19th century, Roanoke has maintained its quaint charm and community-focused spirit throughout the years. The village is situated in a primarily agricultural area, which has influenced its development and local culture. Roanoke's rich history and its location in the heart of central Illinois make it a representative example of small-town life in the American Midwest.
Things To Do in Roanoke, IL
Hike: Here are a couple of local trails to check out!
Local Attractions in Roanoke, IL
Roanoke Park District - Offers recreational facilities and programs for all ages.
Roanoke Historical Society - A venue preserving and showcasing the history of Roanoke and the surrounding area.
Spoon River Valley Scenic Drive - Nearby scenic route famous for its beautiful fall colors and local festivals.
Conklin’s Barn II Dinner Theatre - A popular nearby venue for dinner and live theatrical performances.
Mennonite Relief Sale - An annual event featuring auctions, food, and crafts that attract visitors from across the state.
The Economy of Roanoke, IL
The economy of Roanoke, IL is predominantly based on agriculture, reflecting its setting in a region known for farming. The local businesses primarily support the agricultural sector and the daily needs of its residents. In recent years, there has been a modest growth in small-scale local manufacturing and retail, which diversifies its economic base slightly. The village also benefits from its proximity to larger cities like Peoria, which provide additional employment opportunities for residents.
Roanoke, IL Inflation
Understanding the BLS and Inflation in Roanoke, IL
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Roanoke, IL. One of its key responsibilities is tracking inflation through the Consumer Price Index (CPI), which measures how the cost of everyday goods and services changes over time. Inflation can impact everything from housing prices to the cost of groceries, gas, and utilities across the area. By tracking inflation, the BLS helps people from Roanoke, IL understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Roanoke, IL using the CPI, highlighting how prices have changed over time. The x-axis represents time (months and years), while the y-axis represents price levels. If the graph moves upward, it means the cost of living is rising, which can affect everything from rent to gas prices. A flatter or downward trend suggests that inflation is stabilizing or decreasing. Keeping an eye on inflation is important for people from Roanoke, IL when budgeting for housing, wages, and daily expenses. You can hover over the graph to see exact values for each month and check the "Most Recently Updated" label to ensure you’re viewing the latest available data.
Company Recall Data in Roanoke, IL
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