Real Estate Market Update for 62704 (Springfield, IL)
Map Information for 62704 (Springfield, IL)
Area Information for 62704 (Springfield, IL)
  • Community Character: Stable Population, Moderate Residential Turnover
  • Population: 40,149
  • Median Age: 40.24 yr
  • Median Commute Time: 14.58 mins
  • Educational Climate*: 5
  • Recycling Likelihood**: 105
  • Sales Tax: 8%
  • Population Density: 3,456/sq mi
  • Population Change Since 2000: -3%
  • Closest Airport: Abraham Lincoln Capital
  • Closest College: St Johns College
  • Closest Jr. College: Springfield Coll In Illinois
  • Median Household Income: $50,094
  • Annual Residential Turnover: 18.12%
  • Median Years in Residence: 3.88 yr
  • Median Home Sales Price: $120,000
  • Closest Major Sports Team: Peoria Chiefs (a)
  • Change Avg. Household Income Since 2000: 17%
* Scale from 1-5** Index where 100 is the national average
Demographic Data for 62704 (Springfield, IL)
Median Age: 40.24 Married: 38% Number of Households: 19,092 Households with Children: 4,633
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 62704 (Springfield, IL)

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Christ The King 0.2 mi Private PRESCHOOL-8 0 4
      Sandburg Elementary School 0.6 mi Public K-5 3-5 4
      Benjamin Franklin Middle School 0.8 mi Public 6-8 1 4
      Butler Elementary School 1.2 mi Public K-5 1 3
      Grace Baptist Academy 1.2 mi Private 1-9 0 0
      Blessed Sacrament 1.3 mi Private PRESCHOOL-8 0 5
      Our Saviors Lutheran School 1.3 mi Private PRESCHOOL-8 0 5
      Owen Marsh Elementary School 1.4 mi Public K-5 2-5 5
      Hope School-lindbergh 1.4 mi Private - 0 0
      Hope School-heather Mill 1.5 mi Private - 0 0
      Black Hawk Elementary School 1.5 mi Public K-5 1 4
      Early Learning Center 1.7 mi Public PRESCHOOL-PRESCHOOL 0 0
      Lawrence Education Center 1.8 mi Public UNGRADE-UNGRADE 0 0
      Montessori School House Of Spfld 1.8 mi Private PRESCHOOL-1 0 0
      U S Grant Middle School 1.9 mi Public 6-8 1 4
      Elizabeth Graham Elementary School 1.9 mi Public PRESCHOOL-5 1 0
      Dubois Elementary School 2.1 mi Public K-5 2 3
      Springfield High School 2.4 mi Public 9-12 3 3
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics 2014
      Local Weather for 62704 (Springfield, IL)
        Community information and market data Powered by Onboard Informatics. Copyright ©2014 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.