Frequently Asked Questions
Is Downtown Springfield a good place to live?
Downtown Springfield is a good place to live. Downtown Springfield is considered fairly walkable and bikeable with some transit options. Downtown Springfield has 1 park for recreational activities.It is somewhat dense in population with 10.0 people per acre and a median age of 39. The average household income is $51,701 which is below the national average. College graduates make up 17.5% of residents. A majority of residents in Downtown Springfield are renters, with 91% of residents renting and 9% of residents owning their home. A local real estate agent serving Downtown Springfield can help you decide if this neighborhood is the right one for you. Learn more on our Downtown Springfield neighborhood guide.
How much do you need to make to afford a house in Downtown Springfield?
The median home price in Downtown Springfield is $82,500. If you put a 20% down payment of $16,500 and had a 30-year fixed mortgage with an interest rate of 6.95%, your estimated principal and interest payment would be $440 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $19K a year to afford the median home price in Downtown Springfield. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Downtown Springfield is $52K.
What are the best public schools in Downtown Springfield?
The best public schools that serve Downtown Springfield are:
- Springfield High School has an A- Niche grade, a student teacher ratio of 16:1 and an average review score of 3.7.
- Benjamin Franklin Middle School has a B- Niche grade and a student teacher ratio of 13:1.
- Enos Elementary School has a C+ Niche grade and a student teacher ratio of 11:1.
What are the best private schools in Downtown Springfield?
The best private schools that serve Downtown Springfield are:
- Sacred Heart-Griffin High School has an A- Niche grade, a student teacher ratio of 14:1 and an average review score of 4.2.
- Calvary Academy has a B Niche grade, a student teacher ratio of 13:1 and an average review score of 4.6.
- St. Patrick Catholic School has a student teacher ratio of 11:1.
What are the most popular zip codes in Downtown Springfield, Springfield, IL?
What are the most popular neighborhoods near Downtown Springfield, Springfield, IL?
The most popular neighborhoods near Downtown Springfield, Springfield, IL are Enos Park, Mather and Wells, Old Aristocracy Hill, Pillsbury and Springfield Far East District.
Are home prices dropping in Downtown Springfield?
Yes, home prices in Downtown Springfield are down 22% in the last 12 months.
