HomeIllinoisSangamon CountySpringfield city
Springfield city, Illinois: commercial real estate data.
Springfield city is a Census city of 113,330 people across 61.26 square miles of land, in Sangamon County. Median household income is $66,064, 64.3 percent of occupied homes are owned, and the SBA record carries 184 7(a) approvals to borrowers here worth $69.9 m.
82 sourced place values · tier FULL · 9 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Springfield
What Springfield is
- Census place typecity
- Land area61.26 sq mi
- Water area6.33 sq mi
- Population per square mile of land1,850
- County holding the largest share of its areaSangamon County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Springfield
How many people live in Springfield
- Population113,330
- Median age41.0
- Population under 1823,552
- Share under 1820.8 percent
- Population 65 and over22,574
- Share 65 and over19.9 percent
- Households51,040
- Family households26,473
- Share of households that are families51.9 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Springfield
Income and work in Springfield
- Median household income$66,064
- Per capita income$42,670
- Civilian labor force54,208
- Employed50,528
- Unemployed3,680
- Unemployment rate6.8 percent
- Adults 25 and over79,946
- Adults 25 and over with a high school diploma or higher93.3 percent
- Adults 25 and over with a bachelor degree or higher36.3 percent
- Adults 25 and over with a graduate degree15.6 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Springfield
Housing in Springfield
- Housing units57,424
- Occupied units51,040
- Vacant units6,384
- Vacancy rate11.1 percent
- Owner occupied32,797
- Renter occupied18,243
- Ownership rate64.3 percent
- Median owner-occupied home value$162,100
- Median gross rent, monthly$975
- Annual rent as a share of median income17.7 percent
- Single family units41,922
- Share single family73.0 percent
- Units in buildings of two or more13,556
- Share in buildings of two or more23.6 percent
- Mobile homes1,946
- Median year structure built1972
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Springfield
How Springfield gets to work
- Workers 16 and over who commute42,759
- Commuting under 15 minutes17,132
- Share commuting under 15 minutes40.1 percent
- Commuting 30 minutes or more4,745
- Share commuting 30 minutes or more11.1 percent
- Drove alone74.7 percent
- Carpooled6.1 percent
- Public transport1.3 percent plus or minus 0.4
- Walked1.8 percent plus or minus 0.5
- Worked from home14.5 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Springfield
SBA loans in Springfield (7(a))
- Approvals184
- Gross approval$69,895,400
- Average approval$379,866
- Median approval$168,000
- Ninetieth percentile approval$880,000
- Largest approval$5,000,000
- Jobs supported2,331
- Jobs per approval12.7
- Loans with a final outcome31
- Paid in full29
- Charged off2
- Charge-off rate over resolved loans6.5 percent
- Median term120 months
- Share on real estate terms of 20 years or more15.2 percent
- Share to franchises8.7 percent
- Distinct lenders31
- Distinct industries by NAICS83
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Springfield
SBA loans in Springfield (504)
- Approvals99
- Gross approval$48,942,000
- Average approval$494,364
- Median approval$320,000
- Largest approval$2,220,000
- Jobs supported1,053
- Loans with a final outcome35
- Charged off2
- Charge-off rate over resolved loans5.7 percent
- Median term240 months
- Distinct CDCs5
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Springfield
Flood risk in Springfield
- Listed NFIP communities1
- Of those, participating1
- NFIP community number170604
- Currently effective map date08/02/07
This community carries no Community Rating System class, so no CRS premium discount applies to it.
FEMA, National Flood Insurance Program Community Status Book, Community Status Book, as retrieved.
Sangamon County, not Springfield
Sangamon County context, not Springfield figures
These are Sangamon County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Springfield measurements.
- Establishments in Sangamon County4,925
- Employment at those establishments, Sangamon County80,005
- Covered employment, Sangamon County134,376
- Average annual pay, Sangamon County$69,350
- Average weekly wage, Sangamon County$1,334
- Housing units permitted, Sangamon County191
- Of those, single family, Sangamon County123
- County product, 2024, Sangamon County$15,668,703,000
- County product change over the prior year, Sangamon County7.0 percent
- Average income of an arriving household, Sangamon County$58,644
Every figure in this section is published for Sangamon County as a whole and is not a measurement of Springfield. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Springfield questions, answered from the record.
How many people live in Springfield, Illinois?
113,330, in 51,040 households. Springfield city covers 61.26 square miles of land, which is 1,850 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Springfield in?
Sangamon County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Springfield?
$66,064. The median owner-occupied home is valued at $162,100. Median gross rent is $975 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Springfield businesses?
184 7(a) approvals totalling $69.9 m, across 31 lenders, median approval $168,000, plus 99 504 approvals worth $48.9 m. These count approvals to borrowers whose address is in Springfield, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Springfield borrowers get paid back?
Of the 31 loans that have reached a final outcome, 29 were paid in full and 2 charged off, a charge off rate of 6.5 percent. Loans still running are excluded because they have not yet succeeded or failed.
Is Springfield in the National Flood Insurance Program?
Yes. Springfield appears in the FEMA Community Status Book as community 170604, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Springfield figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Sangamon County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Springfield.
Is zoning published for Springfield?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.