Find property management in Springfield, IL
Learn what to look for, compare Springfield management companies, and get free quotes.
The response from my new manager was super and I expect a great working relationship with her company. - Rhonda M.
Springfield Property Managers (1)
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NAI Central Illinois
- Local Knowledge, Global Connections. NAI Central Illinois provides a range of property management services designed to protect and enhance the value of our client's commercial properties. View full company profileMarket Info
Springfield Management Companies
Are you looking for a professional property management company to oversee your home, condo, apartment building, commercial property or community association? Use our comprehensive directory of Springfield property management companies to find and get quotes from multiple property managers in Springfield, Illinois. You can also read our guide to hiring a property manager which covers everything from understanding the property management fee to breaking down property management contracts.
Housing Market Stats
Springfield | Illinois | U.S. | |
---|---|---|---|
Median Home Value | $114,900 | $222,400 | $192,400 |
Owner Costs > 30% Income | 14.3% | 16.3% | 14.7% |
Gross Rent > 30% Income | 17.6% | 18.6% | 19.2% |
Springfield Housing Market Stats
As of 2008, the rental vacancy rate in Springfield stood at 10%, relatively high compared to the rest of the country. There are about 96,055 housing units, averaging $114,900 in value, 28% of which are occupied by renters. The rent to price ratio in Springfield is 0.6%, slightly higher than the Illinois average. For 18% of Springfield tenants, 30% or more of their income goes to paying rent.
Demographic Stats
Springfield | Illinois | U.S. | |
---|---|---|---|
Avg Commute Time (minutes) | 19.3 | 28.3 | 25.3 |
Median Age | 38.9 | 35.4 | 36.7 |
Avg Household Size - Owners | 2.41 | 2.77 | 2.7 |
Avg Household Size - Renters | 2.08 | 2.35 | 2.42 |
Median Household Income | $51,748 | $55,445 | $52,175 |
Per Capita Income | $28,205 | $29,054 | $27,466 |
Springfield Demographic Info
Springfield has a population of 206,445, comprised of 86,812 households, with on average 2 members per household. Out of approximately 112,395 people in the civilian workforce, 104,810 (93%) were employed in 2008. 90% of the population 25 and older has earned a high school diploma, with 29% holding a 4 year college degree.