Interested in purchasing investment houses in the 62701 zip code in Springfield, IL?
The zip code 62701 is in Sangamon county with a latitude of -89.648840000000 and longitude of 39.800820000000, is in the state of Illinois. The average asking price of houses and condos is $95,000.00 and the average sale price was $155,859.00. this regions is classified as the Champaign - Springfield metro area and consists of the following area codes: 217 and 447. The location in degrees is 39° 48' 2.952" N, 89° 38' 55.824" W. The county F.I.P.S. is 17167. The total land area is 0.4 square miles and the water area is 0.0 square miles. The zip code is on central standard time and observes daylight savings time.
The zip 62701 is in county number 167 and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 1,159 in 2019 and 1,152 in 2010. This further breaks down to 741 males (64.0%) and 417 females (36.0%). The median age of residents is 36.6 years. The population of the greater Springfield, IL area is 207,610. The population density (people per square mile) is 3,045. This zip code has a combined total of 807 houses and condos. There are 550 rented appartments. 97% of residents rent versus the 97% of residents in the state who rent.
The financial status of those living in this area is considered lower middle class. The average individual gross adjusted income is $49,243 and the average salary is $45,303. The median household income of individuals is $18,285.00 and the average is $66,500.00. This zip code has a mean commute time to work of 22.2 minutes. The unemployment rate is 4.9%. Income earners by percent breakdown as 79.80% (Under $50,000), 15.70% ($50,000-$100,000), and 4.60% earn over $100,000. The cost of living index is 85.2. The educational breakdown is 79.1% have a high school education or higher, 30.3% have a bachelor's degree or higher, and 19.7% have some kind of profesional degree.
This area has 655 households and the average size is 1.4 people. Individuals who are single and have never been married are 58.8%, 18.5% are now married, 2.4% are separated, 1.5% are widowed, and 18.8% are divorced. The average yearly contribution amount given by people to charity was $3,367 versus the state average of $4,525. The percent of residents who gave to charity was 8.1%. The median number of rooms in houses and condos are 3.8 versus apartments which had a median number of 3.3.
The real estate tax percent rate is 2.2% which equated to an average real estate tax amount payment of $3,082. In comparision, the average real estate tax percent rate in the state is 2.2% which equated to an average real estate tax amount payment in the state of $4,527. Reported taxable interest for persons was $664, dividends $4,150, capital gains +$1,400, and itemized deductions $19,220. The average earned income tax credit is $950. The percent of individuals that use a tax preparer is 40.5%. The total average income taxes paid by individuals was $8,140. Businesses reported an average profit of $5,840.
Hilton Hotels & Resorts
700 E Adams St, Springfield, IL 62701
Saputo's
801 E Monroe St, Springfield, IL 62701
Brickhouse Downtown
217 S 5th St, Springfield, IL 62701
Maldaner's Restaurant
222 S 6th St, Springfield, IL 62701
Lindsay's Restaurant
701 E Adams St, Springfield, IL 62701
Brewhaus
617 E Washington St, Springfield, IL 62701
Robbie's Restaurant
4 S Old State Capitol Plz, Springfield, IL 62701
Bennigan's
700 E Adams St, Springfield, IL 62701
Maryflor
2 West Old State Capitol Plaza, Springfield, IL 62701
Cafe Andiamo
204 S 6th St, Springfield, IL 62701
Alexander's Steakhouse
620 N Bruns Ln, Springfield, IL 62702 (2.2 miles away)
When my husband passed away suddenly, I was left with a home I had to sell fast. The experts from We Buy Homes dealt with me professionally, fairly, and honestly. I didn’t have to list my house and I didn’t have to deal with strangers walking through my home. And I didn’t have to pay a realtor! They handled everything and that provided the peace of mind I needed during such a difficult time. I highly recommend them!
