Springfield, IL

About Springfield

Springfield, Illinois, offers a slice of Americana with a uniquely affordable edge. Imagine a place where owning a home is within reach, with a median home value of just $147,700, significantly below the national average. Coupled with a high homeownership rate of 90%, it's clear Springfield is a place where putting down roots is a priority. While the walk score of 0 and bike score of 21 suggest a car-dependent lifestyle, the city's quiet atmosphere, low noise levels, and friendly vibe create a relaxing environment. Plus, with a cost of living that makes its affordability index a sky-high 218, Springfield ensures your money stretches further. From an investment perspective, Springfield holds its own. The median household income of $62,419 is a solid foundation for financial stability. The housing market offers accessible options, making it ideal for first-time homebuyers or those looking to escape the high costs of larger urban centers. While the violent crime rate is a manageable 4.3 per 1,000 residents, the property crime rate sits at 18.4 per 1,000 residents, so it is important to be aware of your surroundings. Those seeking a place to build a life, raise a family, or simply enjoy a more relaxed pace will find Springfield a compelling option. Springfield's air quality is notably good, with an AQI of 43, contributing to a healthier living environment. The city's relatively moderate climate risk further adds to its appeal, offering a degree of predictability. Electricity rates at 9.1¢/kWh are also attractive. Springfield's charm lies in its blend of affordability, community, and a slower pace of life, making it a place where you can truly feel at home.