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Sangamon County, IL

RANK #95 / 996  ·  POP 196,122  ·  IL

PROJECTED GROWTH: +3.0%

Sangamon County is one of America's fastest-growing metros, with explosive job creation driving its boom.

[01] Why Sangamon County?

Sangamon County, Illinois, is defined by its connection to Abraham Lincoln, with Springfield, the county seat and state capital, offering numerous historical sites related to the 16th president. Located in central Illinois, the county is about a three-hour drive from major cities like St. Louis, Chicago, and Indianapolis. Commutes within the county are generally easy. The community offers a blend of urban amenities in Springfield and more rural environments in surrounding towns like Chatham, Sherman, and Rochester. Outdoor recreation is available at Lake Springfield for boating and fishing, and at various parks and trails, including Carpenter Park Nature Preserve along the Sangamon River, which offers hiking and wildlife observation.

Life in Sangamon County is characterized by an affordable cost of living. The area attracts families and young professionals, with public schools generally performing above average. The economy is supported by sectors such as healthcare, manufacturing, and professional services. Recent economic developments include investments in data centers and energy infrastructure, alongside plans to expand downtown Springfield's convention capacity and add a new hotel to boost tourism. These initiatives aim to strengthen the tax base and create jobs across the region.

[02] Market Snapshot

Housing Ratio
2.6x

Undervalued relative to economy

GDP Growth
+3.9%

Above national median

Home Prices
+8.5%

Outpacing national median

Climate & Terrain
-2.5

Below-average climate & terrain

Price/Rent
12x

Strong rental yield

Housing looks undervalued at 2.6x — home prices are low relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Sangamon County U.S. National

The Numbers

DEMOGRAPHICS
Population
196,122
-0.32% YoY
Median Household Income
$71,653
Median Home Value
$162,400
+8.49% 12mo
Median Rent
$927
Average Annual Pay
$69,350
+6.6% YoY
Employment
134,376
+4.7% YoY
Income-to-Home-Value
0.4412
More affordable than average
Migration Inflow
2.21%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$197,450
Days on Market
27
Active market
Months of Supply
1.2
Seller's market
Sale-to-List Ratio
97.3%
Negotiation room for buyers
Sold Above List
17.9%
Listings w/ Price Drops
37.0%
Building Permits (2024)
191
Single-Family Permits
123

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Capital Investment

$2,903M
TOTAL
PROJECT AMOUNT STATUS
Lincoln Land Energy Center (Natural Gas Power Plant)
EmberClear
$1,000M Planned
Double Black Diamond Solar Farm
Swift Current Energy
$800M Operating
CyrusOne Data Center Campus
CyrusOne
$500M Proposed
Grand Prairie Energy Park (Wind Farm)
UKA Group
$450M Proposed
Bridgeland Solar (formerly Sangamon Solar)
AES Corporation / Sangamon Solar LLC
$100M Planned
Iron Bridge Road Overpass and Woodside Road Underpass
Sangamon County (Freesen, a division of UCM, Inc.)
$53M Under Construction

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[06] Score Breakdown

GDP Growth +3.9% 71 percentile
Population Growth -0.3% 15 percentile
Income Growth +8.3% 44 percentile
Vacancy Rate 1.9% 10 percentile
Home Price Change +8.5% 99 percentile
Rent Growth +5.3% 82 percentile
Price/Rent 12x 74 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Sangamon County, IL a good place to move to?

Sangamon County has a Boom Town Index score of 91/100, ranking #95 among 996 U.S. counties. With job growth at +4.7% and a median household income of $71,653, it's an above-average county on economic indicators.

Is Sangamon County affordable?

The median home value in Sangamon County is $162,400 with median rent at $927/month. The income-to-home-value ratio is 0.4412, which is more affordable than the national average.

Is Sangamon County growing or shrinking?

Population growth: -0.3% year-over-year. Job growth: +4.7%. Home values changed +8.5% in the past 12 months.

Are people moving to Sangamon County?

Yes — 2.21% of Sangamon County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

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