Lincoln, IL (Tier 2)

Real Estate and Lifestyle Overview: 

Taylorville, IL is a modest city located in Christian County, offering a small-town, suburban lifestyle. Real estate options exist for a range of budgets, featuring primarily single-family homes. This area holds appeal for families and retirees with its low cost of living, slower pace of life and strong community values. Employment opportunities exist in industries such as manufacturing, healthcare and public administration. The entertainment scene is primarily family-oriented, with local parks, community events, golf courses, and historical sites to explore.

Real Estate Market: 

The median home price in Taylorville, as of 2021, is approximately $98,500, a cost significantly lower than the national average. The modestly competitive market is characterized by price stability. On average, properties stay on the market for around 70 days [1]. 

Educational Landscape: 

The Taylorville Community Unit School District 3 serves the region and includes five schools. On average, 36.5% of students demonstrate math proficiency and 37% in reading, slightly below state averages [2]. Nearby higher education institutions include Lincoln Land Community College and Millikin University.

Crime Rate: 

Taylorville's overall crime rate is about 18 per 1,000 residents, somewhat under the national average [3]. While violent crime is relatively low, property crime rates fall slightly above the national average.

Population Growth: 

Taylorville's population has slightly dipped in recent years, with a current population of around 10,500 [4]. Economic factors and the small-town appeal contribute to this trend.

Employment/Career Opportunities: 

Key employment sectors include manufacturing, healthcare, and public administration. The health sector is the fastest-growing industry here, offering new opportunities. There is potential for small business development given the affordable cost of living and support from the community.

Entertainment: 

Taylorville’s family-oriented entertainment includes community events, historical site visits, and outdoor activities at Lake Taylorville and Manners Park.

Ideal Population and Lifestyle Profile: 

Ideal for retirees seeking a quiet, slower pace of life and families looking for a community-oriented environment. Outdoor enthusiasts will enjoy the parks and lake activities.

Footnotes: 

[1] Zillow, 2021

[2] Niche, 2021

[3] City-Data, 2021

[4] Census Bureau, 2020

Summary:

Taylorville, IL is a small city that presents a quiet, suburban lifestyle with a strong sense of community. The real estate landscape is modestly competitive with properties spending about 70 days on the market, a figure in line with national trends. Student performance metrics are slightly below the state average with room for improvement. As with many small towns, population growth is slightly negative driven by economic factors and its appeal as a retirement destination. There remains strong potential for small business development, particularly within the burgeoning health sector. Recreational opportunities abound, with parks and outdoor activities sure to satisfy nature enthusiasts. Ideal for families, retirees, and outdoor enthusiasts.