Springfield, IL

Springfield, Illinois, Financial Snapshot

Published on 10.10.20 (Last updated on 10.10.20)

Springfield General Demographics

Springfield Age (by category and average)

The median age in Springfield is 39

Age RangePopulationPercent
20 to 24 total75706.6%
25 to 29 total76356.7%
30 to 34 total76846.7%
35 to 39 total76366.7%
40 to 44 total67955.9%
45 to 49 total67555.9%
50 to 54 total68236%
55 to 59 total76846.7%
60 to 64 total80327%
65 to 69 total70606.2%
70 to 74 total42783.7%
75 to 79 total33953%
80 to 8421421.9%
85+29122.5%

Source: US Census Data; https://data.census.gov/cedsci
Survey/Program: American Community Survey (2018 estimates)
Data Point: Age

Springfield Ethnicity (by category and average)

EthnicitiesPopulationPercent
White total8251772.1%
Black or African American total2352120.5%
American Indian and Alaska Native total5530.5%
Asian total39113.4%
Native Hawaiian and Other Pacific Islander totalNA0%
Other total5420.5%

Source: US Census; https://data.census.gov/cedsci
Survey/Program: American Community Survey (2018 estimates)
Data Point: Race

Springfield Education (by category and average)

Education LevelPopulationPercent
Less than Bachelor’s degree total51,94365.9%
Less than 9th grade total16122%
9th to 12th grade, no diploma total57467.3%
High school graduate (includes equivalency) total2165327.5%
Some college, no degree total1669721.2%
Associate’s degree total62357.9%
Bachelor’s degree total1603320.3%
Graduate or professional degree total1085513.8%
High school graduate or higher total7147390.7%
Bachelor’s degree or higher total2688834.1%

Source: US Census; https://data.census.gov/cedsci
Survey/Program: American Community Survey (2018 estimates)
Data Point: Education (population 25+ years)

Springfield Household Income

Less than $10,000 – %9.8%
$10,000 to $14,999 – %4.5%
$15,000 to $24,999 – %13.1%
$25,000 to $34,999 – %9.9%
$35,000 to $49,999 – %11.9%
$50,000 to $74,999 – %16.1%
$75,000 to $99,999 – %12.6%
$100,000 to $149,999 – %12.9%
$150,000 to $199,999 – %3.8%
$200,000 or more – %5.4%

Springfield Income Stats

Median income (dollars)$51,142
Mean income (dollars)$72,690

Source: US Census; https://data.census.gov/cedsci
Survey/Program: American Community Survey (2018 estimates)
Data Point: Household Income

Springfield Income by Education (by category and average)

Education LevelAverage Income
Less than high school graduate18130
High school graduate (includes equivalency)28381
Some college or associate’s degree30176
Bachelor’s degree50823
Graduate or professional degree65932

Source: US Census; https://data.census.gov/cedsci
Survey/Program: American Community Survey (2018 estimates)
Data Point: Median earnings in past 12 months by education (population 25+ years with earnings)

Springfield Marital Status (by category and average)

PopulationPercent
Population 15 Yrs and over total93896NA
Never Married total3653238.9
Now Married (except separated) total3660139%
Separated total17641.9%
Widowed total65967%
Divorced total1240313.2

Source: US Census; https://data.census.gov/cedsci
Survey/Program: American Community Survey (2018 estimates)
Data Point: Marital Status for population 15 years and over

Springfield Poverty Status

# Living Beneath Poverty Line20070
% Living Beneath the Poverty Line18.2%

Source: US Census; https://data.census.gov/cedsci
Survey/Program: American Community Survey (2018 estimates)
Data Point: Poverty Rate

Springfield Housing Characteristics

Owner-occupied housing units31280
Renter-occupied housing units19610
Single-family detached units35901
Homeownership rate61.5%
Vacancy rate9.9%
Renters Rate38.5%
Average housing value156491
Average monthly owner cost (with a mortgage)877
Average rent (housing)658

Source: US Census; https://cbb.census.gov/rae/#
Survey/Program: 2009-2013 and the 2014-2018 American Community Survey 5-Year Estimates
Data Point: Housing Characteristics

Springfield Socioeconomic Characteristics

Average income75,852
Average household size2.22
Percent population 16 years and over in labor force62.6%
Percent disabled15.2%
Percent with health coverage95.4%
Average travel time to work (mins)17.8
Percent workers using public transportation2.3%
Percent veterans8.1%
Percent foreign born4.2%
Percent speaking Spanish at home0.3%

Source: US Census; https://cbb.census.gov/rae/#
Survey/Program: 2009-2013 and the 2014-2018 American Community Survey 5-Year Estimates
Data Point: Socioeconomic Characteristics

Springfield Consumer Spending

Total consumer expenditures per household67391.81
Alcoholic beverages516.83
Alcoholic beverages consumed at home304.88
Beer consumed away from home91.99
Wine consumed away from home45.43
Apparel & services1935.24
Men’s Apparel370.58
Women’s Apparel652.94
Children’s Apparel292.44
Boys’ Apparel101.58
Girls’ Apparel110.72
Footwear437.25
Dining out (Food away from home)3323.44
Dining out – Breakfast336.6
Dining out – Lunch1031.12
Dining out – Dinner1543.55
Education1388.77
Entertainment / Recreation2928.38
Club membership fees204.43
Dating services0.76
Pet food236.69
Pet services57.73
Food consumed at home4717.73
Bakery products consumed at home620.66
Dairy products consumed at home485.2
Fruits and vegetables consumed at home914.51
Meat, poultry, fish, and eggs consumed at home1041.6
Nonalcoholic beverages consumed at home466.13
Snacks and other food products consumed at home1655.77
Health Care5466.24
Medical services1000.33
Nonprescription drugs134.08
Household Services1837.25
Care for the elderly and handicapped73.37
Lawn and garden services404.82
Housekeeping services152.87
PC repair6.17
Housing21073.56
Home improvements2306.9
Utilities, fuel, and public services4491.54
Phone services1617.22
Water652.79
Life and other insurance413.91
Pensions and social security7130.82
Personal Care Products and Services815.77
Hair care products98.8
Personal care products349.91
Local Transportation7803.45
Gasoline2018.53
Vehicle maintenance and repair1085
Travel1953.64
Airline fares468.49
Auto/Truck rental on trips23.35
Lodging on trips537.21
Food and drink on trips472.46
Entertainment on trips167.7

Source: US Census; https://cbb.census.gov/rae/#
Survey/Program: 2009-2013 and the 2014-2018 American Community Survey 5-Year Estimates
Data Point: Consumer Spending (Consumer expenditures per household)

Springfield Debt

Average Debt Amount
Debt in collections$1,758.5
% with any debt in collections31%
Medical debt in collections$717
% with medical debt in collections19%
Student loan in collections$18,735
Average medical debt in collections17%
Average monthly student loan payment181%
% with auto debt33%

Source: Urban Institute; https://apps.urban.org/features/debt-interactive-map/?type=auto&variable=autoretdelrate&state=17&county=17031
Survey/Program: Data from credit bureau data (2018) + the US Census Bureau’s American Community Survey (2017)
Data Point: Consumer Debt

 

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