Springfield, Illinois

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2022 5-Year Estimates
114,214
Population
$62,419
Median Income
$147,700
Home Value
40.1
Median Age

Demographics

Springfield has a population of 114,214 with a median age of 40.1. Here is the racial and ethnic breakdown of the population:

White
70.9%
Black
20.3%
Hispanic
3.1%
Asian
3.1%
Other
2.6%
Demographic Value
Total Population114,214
Median Age40.1
White70.9%
Black or African American20.3%
Asian3.1%
Hispanic or Latino3.1%
Other / Two or More Races2.6%

Income & Economy

The median household income in Springfield is $62,419, which is 16.9% below the national median of $75,149. The per capita income is $39,648. The poverty rate is 16.7%.

$62,419
Median Household Income
$39,648
Per Capita Income
16.7%
Poverty Rate

Employment

The unemployment rate in Springfield is 6.6%, compared to the national rate of 5.4%.

Education

In Springfield, 92.0% of residents age 25+ have a high school diploma or higher, and 34.7% hold a bachelor's degree or higher (14.7% with a graduate or professional degree).

HS Diploma+
92.0%
Bachelor's+
34.7%
Graduate+
14.7%
Education Level % of Adults (25+)
High School Diploma or Higher92.0%
Bachelor's Degree or Higher34.7%
Graduate or Professional Degree14.7%

Housing

The median home value in Springfield is $147,700, below the national median of $281,900. The median monthly rent is $913. The homeownership rate is 62.4%.

$147,700
Median Home Value
$913/mo
Median Rent
62.4%
Homeownership Rate
Housing Metric Value
Median Home Value$147,700
Median Monthly Rent$913
Homeownership Rate62.4%
Vacancy Rate10.8%

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Frequently Asked Questions

What is the population of Springfield, Illinois?
The population of Springfield, Illinois is 114,214 according to U.S. Census Bureau ACS 2022 5-Year Estimates.
What is the median household income in Springfield, Illinois?
The median household income in Springfield, Illinois is $62,419. This is 16.9% below the national median of $75,149.
What is the median home value in Springfield, Illinois?
The median home value in Springfield, Illinois is $147,700. The median monthly rent is $913.
What percentage of people in Springfield have a college degree?
In Springfield, Illinois, 34.7% of adults age 25 and older hold a bachelor's degree or higher, and 92.0% have a high school diploma or higher.
Is Springfield, Illinois an affordable place to live?
The home price-to-income ratio in Springfield, Illinois is 2.4x (median home value $147,700 vs. median income $62,419), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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