Illinois Economic Policy Institute

Illinois Economic Policy Institute Nonprofit, nonpartisan think tank delivering actionable research and expert analysis on public policies impacting businesses, working families, and taxpayers.

Housing affordability has worsened in Champaign County, but the area remains more affordable than the rest of the United...
06/16/2026

Housing affordability has worsened in Champaign County, but the area remains more affordable than the rest of the United States, accoring to our study. As of July 2025, Champaign County’s average home value was $224,000, up 37 percent since 2019.

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Last updated on June 15, 2026 at 02:34 p.m.The median home price in Champaign County this May was $244,267 — up from $223,250 in January, according to Redfin. This local increase reflects nationwide trends, as the median U.S. home sale price has increased approximately 8.6% since the start of the ...

ILEPI was proud to present at and attend the 2026 LERA Conference in Minneapolis last week. ILEPI Economist Frank Manzo ...
06/02/2026

ILEPI was proud to present at and attend the 2026 LERA Conference in Minneapolis last week. ILEPI Economist Frank Manzo IV presented on the impacts of prevailing wage laws as part of a panel moderated by Tim Watkins of the Fair Contracting Foundation of Minnesota. He was joined by Todd Stenhouse of Stenhouse Strategies and Mark Ehrlich of Harvard Law School.

ILEPI thanks those who have bravely served our country. Happy Memorial Day!
05/25/2026

ILEPI thanks those who have bravely served our country. Happy Memorial Day!

Investing in high-quality infrastructure delivers a strong return for taxpayers by boosting economic growth, attracting ...
05/22/2026

Investing in high-quality infrastructure delivers a strong return for taxpayers by boosting economic growth, attracting business investment, and creating good-paying jobs. ILEPI estimates that every $1 billion invested in infrastructure generates between $1.7 billion and $3.5 billion in economic activity in Illinois and supports up to 25,000 jobs.

Check out our latest newsletter: https://www.illinoisepi.org/wp-content/uploads/2026/05/Illinois-Insights-May-2026.pdf
05/21/2026

Check out our latest newsletter:https://www.illinoisepi.org/wp-content/uploads/2026/05/Illinois-Insights-May-2026.pdf

05/20/2026

Federal infrastructure investments continue to prove their value across Illinois. A 2020 study by the Illinois Economic Policy Institute and the Labor Education Program - University of Illinois Project for Middle Class Renewal found that every $1 billion invested in infrastructure generates between $1.7 billion and $3.5 billion in economic activity and supports up to 25,000 jobs. Infrastructure investment means stronger communities, economic growth, and good-paying Union careers.
https://www.illinoisepi.org/economic-development/

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