Zip Code
62701
City
Springfield, IL
Population & Migration
What is the forecasted population for Zip code 62701 Springfield, IL?
- Population census 2020
- 1,080
- Forecasted population 2025
- 1,216
- 12.6% vs. 2020
- Forecasted population 2030
- 1,182
- 9.4% vs. 2020
Zip code 62701 Springfield, IL population is forecasted to grow 12.6% by 2025 (7.9 points above the 4.7% national average).
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Housing and Affordability
With a forecasted population of 1,216 people for 2025 zip code 62701 Springfield, IL will generate a good demand for housing, which is expected to have a deficit of 78 houses for 2030. Vacancy rate is 14.9 points above national US average.
- Total homes available 2020
- 820
- Estimated total home demand in 2030
- 898
- Total homes balance inventory
- 78
Average Household Income in zip code 62701 Springfield, IL
from Internal Revenue Service
- Average household income in 2021
- $64,166
Affordability
- Affordability Index
- -
Affordability indicates the ability of potential homebuyers to afford a home measured in number of years needed to pay a house. Example: Home Price 500,000 / Household Income 100,000 = 5 Years = Index 5
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Climate Resiliency
Drinking water violations
How is the quality of drinking water in Zip code 62701 Springfield, IL?
County total number of drinking water violations
119
-49%
232
County total number of drinking water contaminations
14
-36%
22
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