Housing & Real Estate — Springfield, Illinois
Overview
| Total Housing Units | 57,220 |
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| Occupied | 50,803 |
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| Vacant | 6,417 |
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| Owner-Occupied | 32,232 |
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| Renter-Occupied | 18,571 |
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| Median Home Value (Census) | $162,100 |
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| Estimated 2026 | ~$179,000 |
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| Median Rent | $945/mo |
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| Median Property Tax | $3,362/yr |
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Affordability
| Home Price to Income Ratio | N/Ax |
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| Home Affordability | affordable |
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| Rent as % of Income | 17.2% |
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| Severely Rent-Burdened | 38.6% |
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Housing Age
| Built 2010 or later | 2,843 |
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| Built 2000-2009 | 4,785 |
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| Built 1990-1999 | 6,991 |
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| Built before 1960 | 19,636 |
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| Median Year Built | 1971 |
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Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
