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Springfield, IL
Springfield · IL 62701
Updated October 31, 2026 · Would You Live There?
Good for now
Verdict
$150K
Median Price
76/100
Walk Score
6.6/10
Schools
235 min
to Chicago Loop, IL
Score Breakdown
CAffordability
63/100
D+Safety
55/100
CSchools
66/100
DQuietness
40/100
FCommute
15/100
BWalkability
76/100
WYLT Score53/100
Our Take
This ZIP code, centrally located in Springfield, IL, offers an urban, highly walkable, and affordable lifestyle, primarily catering to renters. With excellent transit options and very low median rent, it's ideal for those prioritizing accessibility and budget over homeownership.
B.
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The Good
- ✓Exceptional walkability and good public transit for urban living.
- ✓Very affordable rental prices, making it budget-friendly.
- ✓Low flood risk provides peace of mind.
- ✓Access to several highly-rated schools within the broader district (e.g., Springfield High School, Iles Elementary School).
- ✓Central location provides easy access to city amenities.
Real Talk
- !The area is overwhelmingly renter-occupied (less than 3% owner-occupied), meaning limited opportunities for homeownership and a more transient population.
- !Median household income is significantly lower than state and national averages, indicating an economically challenged area.
- !Average household size is very small (1.3 people), suggesting it's less ideal for traditional families with children.
- !As a central urban area, expect higher noise levels and less private green space compared to suburban neighborhoods.
- $Potential for older rental units to have higher utility costs due to less efficient insulation or appliances.
- $Renters insurance is highly recommended given the high density of rental units.
- $Limited opportunities for building home equity due to the scarcity of homes for sale.
Best For
SinglesStudentsBudget-conscious rentersUrban dwellersCar-free living
Risk Snapshot
Flood riskLow
Violent crimeModerate
Property crimeModerate
Air qualityModerate
Price volatilityLow
Crime & Safety
Springfield, IL
D+
Safety grade
Safety score55 / 100
High riskVery safe
⚠️Violent Crime
Moderate3.9incidents / 1,000 residents / yr
0Natl avg (3.7)11+
5% higher than the national average
🔒Property Crime
Moderate19.8incidents / 1,000 residents / yr
0Natl avg (19.5)59+
2% higher than the national average
Verify with real-time data
City-Data stats →From Residents
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