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3330 Hedley Rd , Suites A2 and B Springfield, IL 62711

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Springfield, IL (Tier 1)

Real Estate and Lifestyle Overview:

Springfield, IL benefits from a rich history, remarkable education system, and an affordable cost of living. Located in the heart of the state, it acts as the State Capital and mixes small-town charm with big city amenities. While presenting several impressive historical sites related to Abraham Lincoln, the city also offers numerous job opportunities in public sectors, healthcare, and education [1] [2].

Real Estate Market:

As of September 2021, the median home price in Springfield is around $127,500, down by 1.9% over last year. Houses stay on the market for an average of 70 days. While the market is somewhat competitive, it is somewhat affordable compared to other US cities [3].

Educational Landscape:

Springfield Public School District serves the majority district, demonstrating an average proficiency rate of 32% in Math and 37% in Reading. Springfield also hosts the University of Illinois Springfield and the Lincoln Land Community College, offering several higher education opportunities [4]. 

Crime Rate:

The crime rate in Springfield is slightly above the national average. For every 1,000 residents, there are about 49.83 crimes, which breaks down into roughly 1.08 violent crimes and 7.58 property crimes [5].

Population Growth:

The population of Springfield has seen a slight decline in recent years, largely tied to the economic challenges within the state of Illinois. However, the city's affordability, historic appeal, and job opportunities continue to make it an attractive place for families and retirees [6].

Employment/Career Opportunities:

Major employers in Springfield include the State of Illinois, Memorial Health System, and School District 186. The job market expects to increase by 26.7% over the next ten years, opening prospects primarily in healthcare, public sectors, and education [7].

Entertainment:

Springfield hosts an array of attractions like the Abraham Lincoln Presidential Library and Museum, Old State Capital, and the Dana-Thomas House. It prides itself on various events such as the Illinois State Fair along with an enthusiastic dining and nightlife scene [8].

Ideal Population and Lifestyle Profile:

Due to the city's affordability, job opportunities, and historic charm, Springfield is ideal for young families, professionals in public sectors or education, and history buffs. Retirees may also find the affordable healthcare services and peaceful environment attractive [9].

Sources:

1. 'Springfield, Illinois Economy', BestPlaces.net 

2. 'Springfield 2021: Best of Springfield, IL Tourism', TripAdvisor

3. 'Springfield Real Estate - Springfield IL Homes For Sale', Zillow

4. 'Best Schools in Springfield', GreatSchools.org

5. 'Springfield, IL Crime Rates and Statistics', NeighborhoodScout

6. 'Population of Cities in Illinois (2021)', Worldpopulationreview.com

7. 'Springfield, Illinois Economy', BestPlaces.net

8. 'Springfield, IL Events & Things To Do', Eventbrite

9. 'Springfield, Illinois', Wikipedia


 

Summary:

Springfield, IL, known for its historic relevance, offers an affordable, family-friendly lifestyle with numerous job prospects. Although the crime rate is slightly above the national average, education, healthcare sectors present promising opportunities. Its rich history embodied in numerous landmarks couples with exciting events and a vibrant nightlife scene add to the city's charm, making it attractive for a wide range of populations including families, retirees, young professionals, and history buffs.

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