Litchfield
Litchfield city, Illinois
Nestled in the heart of Illinois, Litchfield offers a refreshingly affordable lifestyle, a true hidden gem for those seeking a break from the relentless pace and high costs of larger cities. With a population of just under 7,000, this tight-knit community boasts a median home value of a mere $96,500, a stark contrast to the national median. This exceptional affordability, combined with a slower pace of life, makes Litchfield an attractive option for first-time homebuyers, retirees, or anyone looking to stretch their dollar further. Litchfield is a place where neighbors greet each other by name, and the charm of small-town living is alive and well.
From an investment perspective, Litchfield presents a compelling case. While the median household income of around $50,443 is lower than the national average, the significantly lower cost of living more than compensates for it. The housing market is stable, and the demand for affordable homes remains consistent. This makes Litchfield an excellent choice for those seeking a safe, friendly environment, particularly families or individuals looking to escape the hustle and bustle of city life without sacrificing essential amenities. Litchfield's blend of affordability, safety, and community spirit creates an enticing opportunity for those seeking a more relaxed, yet fulfilling, way of life.
Litchfield, Illinois at a Glance
Litchfield is a city in Litchfield city, Illinois with a population of approximately 6,937. The median home value is $96,500 and the median household income is $50,443. It has a Walk Score of 0 out of 100, indicating car dependency. The violent crime rate is 1.2 per 1,000 residents, which is 67% below the national average. Air quality is rated Good. The overall climate risk is rated as "Relatively Moderate." Median rent is $630 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$96,500
Median Income
$50,443
Population
6,937
Walk Score
0
Air Quality
AQI 43
Good
Climate Risk
Relatively Moderate
Good
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- Population
- 6,937
- Median Age
- N/A
- Median Household Income
- $50,443
32% below nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 19.4%
56% above nat'l avg
- Median Home Value
- $96,500
66% below nat'l avg
- Median Rent
- $630
46% below nat'l avg
- Homeownership Rate
- 63.9%
3% below nat'l avg
- Affordability Index
- N/A
- Violent Crime Rate
- 1.2 per 1K
67% below nat'l avg
- Property Crime Rate
- 3.7 per 1K
81% below nat'l avg
- AQI
- 43
Near nat'l avg
- Category
- Good
- Overall Risk
- Relatively Moderate
- Risk Score
- 73.10
Top Hazards
- Overall
- N/A
- Road Traffic
- N/A
- Aviation
- N/A
- Rail
- N/A
- Electricity Rate
- 15.0ยข/kWh
10% below nat'l avg
- Est. Monthly Electric
- $135
Near nat'l avg
- Unemployment Rate
- 5.1%
38% above nat'l avg
- Poverty Rate
- 19.4%
56% above nat'l avg
Political Landscape
โ Politically stable
Based on McLean County county-level presidential election data
Culture & Things to Do in Litchfield
Litchfield Pickers Market
A large vintage and antique market held several times a year.
Route 66 Festival
A celebration of the historic Route 66 with classic cars, music, and food.
Lake Lou Yaeger Fireworks Display
An annual Independence Day fireworks show over Lake Lou Yaeger.
Litchfield Cruise Night
A classic car cruise and show held in downtown Litchfield.
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