Cost of Living,
Springfield's Real Estate Market
Springfield Metro Area
Profile: Small capital city
Location: Near the geographic center of Illinois
Time zone: Central Standard Time
|Historic interest ||High violent crime|
|Cost of living||Low ethnic diversity|
Springfield, the state capital, is a quiet agricultural center with a strong government presence. This quiet town with a fairly well-educated population has a substantial heritage built around Abraham Lincoln’s residence and activities. It is “altogether fitting” that the Lincoln memorabilia should be mixed into such a traditional, mid-American city.
The low cost of living makes it that much more attractive. Health care facilities are above average, anchored by major branch campus medical and pharmacy schools. The employment scene is dominated by government and healthcare providers; employment is solid but not on a strong growth trajectory. Violent crime rates are high especially for the region, and aside from historic sites, there isn’t much to do in the city or surrounding area.
Springfield is located in the middle of a vast agricultural plain with rolling terrain near the Sangamon River and Spring Creek. Numerous deciduous trees grow in the city itself. Climate is typical continental with sharp, seasonal changes. Summers bring sunny, clear, warm, and humid days with frequent afternoon thundershowers. Windy, changeable springs and relatively calm autumns are typical. Winters are fairly cold. Precipitation is evenly spread throughout the year. First freeze is mid-October, last is mid-April.
Interesting Facts about Springfield, Illinois
As of 2014, Springfield's population is 115,982 people. Since 2000, it has had a population growth of -7.95 percent.--------------------
The median home cost in Springfield is $111,000. Home appreciation the last year has been 0.70 percent.--------------------
Compared to the rest of the country, Springfield's cost of living is 13.50% Lower than the U.S. average.--------------------
Springfield public schools spend $14,267 per student. The average school expenditure in the U.S. is $12,435. There are about 17.1 students per teacher in Springfield.--------------------
The unemployment rate in Springfield is 5.90 percent(U.S. avg. is 6.30%). Recent job growth is Positive. Springfield jobs have Increased by 4.34 percent.
Ranked #57 America's Best and Worst Cities for Crime (Mid-Size Metro Areas)
Ranked #133 Best Green Cities
Ranked #196 2005 Best Places to Live
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Average Commute time is 17 minutes. The National Average is 25 minutes.--------------------
Springfield's Real Estate Market (click to see properties)
• Newly Listed Homes
• Most Expensive Listing
• Million Dollar Houses
• Homes from $750,001 to $1,000,000
• Homes from $500,001 to $750,000
• Homes from $250,000 to $500,000
• Homes under $250,000
• Median Priced Homes