B-

Springfield, IL

Source:

Affordability Score: 69/100

Population: 141,894 · 7 ZIP codes

The affordability dashboard for Springfield, IL aggregates Census ACS 5-Year Estimates across 7 ZIP codes covering 141,894 residents, then layers in county-level federal data to produce an overall grade of B- (69/100). The headline inputs are median household income of $69,308, median home value of $159,832, median rent of $1,004 per month, and 33.9% of adults holding a bachelor's degree or higher. These four metrics alone explain most of the variance between city dashboards.

Cross-agency feeds widen the picture beyond Census demographics. HUD publishes a Fair Market Rent for a 2-bedroom in this county at $1,203 per month (studio $829, 1BR $970, 3BR $1,611, 4BR $1,682). Department of Labor data lists infant center-based childcare at $10,185 per year, consuming 15% of the local median household income.

Reading the overall grade requires reading all seven dimensions together. The score weights Income 20%, Safety 20%, Housing 15%, Rent 15%, Education 10%, Commute 10%, and Childcare 10%, with each sub-score benchmarked against national percentiles rather than state averages — so the grade is genuinely comparable across any city in the country. Strengths visible in the raw data for Springfield, IL include housing, commute, rent. Unemployment currently reads 7.0% and poverty 17.3% — numbers worth keeping alongside the headline grade.

Score Breakdown

Income C
$69,308
Median household income
Education C
33.9%
Bachelor's degree or higher
Housing A-
2.3x
Home value $159,832 vs income
Commute A-
17 min
Average commute time
Rent B+
$1,203/mo
2BR fair market rent (21% of income)
Safety N/A
N/A
Violent crime rate (county)
Childcare C-
$10,185/yr
Center-based infant care (15% of income)

Income & Employment

Median Income
$69,308
▲ 12% vs national
Per Capita Income
$41,571
Unemployment Rate
7.0%
Poverty Rate
17.3%

Housing

Median Home Value
$159,832
▼ 42% vs national
Median Rent
$1,004/mo
Owner Occupied
66.2%
2BR Fair Market Rent
$1,203/mo
▲ 0% vs national

Fair Market Rents by Bedroom

Studio
$829
1BR
$970
2BR
$1,203
3BR
$1,611
4BR
$1,682

Safety

Violent Crime Rate
Data Source
FBI UCR (county-level)

Education & Family

Bachelor's Degree+
33.9%
▲ 4 ppt vs national
High School+
63.1%
Median Age
41.3
Avg. Commute
17 min
▼ 9 min vs national

Childcare Costs

Infant (Center)
$10,185/yr
15% of income
Toddler (Center)
$9,793/yr
Preschool (Center)
$9,100/yr
School-Age (Center)
$2,124/yr

What This Means

Springfield, IL receives an overall affordability grade of B- (69/100), aggregated from 7 ZIP codes with a total population of 141,894. This area performs well in housing and commute and rent. Data was unavailable for safety — these dimensions were excluded from the overall score.

Nearby City Dashboards

Explore Springfield ZIP Codes
View all 7 ZIP codes with demographics and individual scorecards
View ZIPs →

What are common questions about this dashboard?

Is Springfield, IL affordable?
Springfield, IL receives an overall affordability grade of B- (69/100) based on Census, HUD, FBI, and DOL data. Median household income is $69,308. Median home value is $159,832.
What is the cost of living in Springfield?
Key cost metrics: Median rent $1,004/mo. 2BR fair market rent $1,203/mo. Infant childcare $10,185/yr. Median home value $159,832.
How is the affordability score calculated?
The score evaluates 7 dimensions weighted by importance: Income (20%), Safety (20%), Housing (15%), Rent (15%), Education (10%), Commute (10%), and Childcare (10%). Each metric is compared against national percentile benchmarks from Census, HUD, FBI, and DOL data.

Data as of 2024. Source: U.S. Census Bureau ACS 5-Year Estimates. Source: HUD Fair Market Rents. Source: FBI Uniform Crime Report. Source: DOL National Database of Childcare Prices. Verify with HUD →