Located in the state of Illinois, Springfield is a mid-sized city with a population of 116,745 inhabitants. At 74%, the majority of the Springfield population is White; this is followed by 20% Black and 2% Asian. Not a fan of sitting in traffic? One big advantage of living in Springfield is the reasonable commute times to work. With an average one way commute time of 17 minutes, getting to work is faster than the national average of 26 minutes.
Without the right tools, moving to any new city can be very stressful and challenging. Living in Springfield, Illinois could be a positive experience for anyone who puts in the effort to do the research required. To help you find the best places to live in and around Springfield, AreaVibes has created a livability score using key metrics like crime, cost of living, weather, housing and more.
Springfield has a livability score of 63 out of 100 and is ranked #775 in Illinois and #20,237 in the USA. There are seven total categories that form the livability score. Springfield ranks well for amenities (A+) and cost of living (B-). Springfield does not rank well for the following: crime (F) and education (F). It might be a smart idea to take a closer look at each category to find out why.
Conveniently located amenities and interesting attractions are a great way to continuously enjoy Springfield on a regular basis. Knowing that there are an abundance of amenities and things to do can ensure that you always have access to nearby grocery stores, restaurants and coffee shops. Some of the notable things to do include: Abraham Lincoln Presidential Library and Museum, Lincoln Home National Historic Site, and Oak Ridge Cemetery.
Certain items on your wish list like shopping, restaurants, nightlife and proximity to public transportation are all important factors to search for. Having said that, perhaps the most important metric to consider when contemplating a move to Springfield is real estate affordability. Median real estate prices in Springfield come in at $123,700, which is 29.2% lower than the Illinois average. The home price to income ratio compares the median home prices to the median household income. In Springfield, the home price to income ratio is 2.5, which is 16.7% lower than the Illinois average. Year over year appreciation rates for homes in the Springfield area were 4% and the 5 year appreciation rates came in at 0%. Why is this important? Knowing the appreciation rates for any area is a quick and easy way to determine if you will see a solid return on your investment.