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Sangamon County, IL

RANK #356 / 1001 NAT  ·  #15 / 28 IL  ·  POP 194,947

1YR FORECAST: +3.0%

5YR OUTLOOK: +31%

#3 Most Undervalued #30 Most Affordable
Sangamon County's housing market is projected to grow +3.0% over the next year, tracking near the national average.

[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.

MARKET PROFILE

Heartland Steady Growth

Sangamon County is one of 145 U.S. counties in this market profile — weaker than typical on the BoomTown Index. Within this cohort, its recent home-price change of +9.0% runs above the profile's typical +4.9%.

See all 145 Heartland Steady Growth counties →

[02] Market Snapshot

Housing Ratio
3.6x

Undervalued relative to economy

Home Prices
+9.0%

Outpacing national median

Climate & Terrain
-2.5

Below-average climate & terrain

Price/Rent
12x

Below national median (15x)

Housing looks undervalued at 3.6x — home prices are low relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    State of Illinois Government
    10,000+
  2. 2
    Memorial Health System Healthcare
    5,000+
  3. 3
    Hospital Sisters Health System (HSHS) Healthcare
    2,500+
  4. 4
    Springfield Public Schools (District 186) Education
    1,000+
  5. 5
    University of Illinois Springfield Education
  6. 6
    Southern Illinois University School of Medicine and SIU Medicine Healthcare
  7. 7
    City of Springfield Government
  8. 8
    Horace Mann Finance
  9. 9
    Sangamon County Government
    500+
  10. 10
    Illinois Army National Guard Military

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Sangamon County U.S. National

Bars show trailing 12-month growth. The dashed Forecast bars are the model's next-12-month projection; the whisker marks the ±1% range (cooling–accelerating).

The Numbers

DEMOGRAPHICS
Population
194,947
-0.14% YoY
Median Household Income
$75,357
Median Home Value
$176,300
+9.04% 12mo
Median Rent
$983
Average Annual Pay
$72,680
+4.8% YoY
Employment
130,942
-2.6% YoY
Income-to-Home-Value
0.4274
More affordable than average
Migration Inflow
1.74%
of pop. from another state
Bachelor's Degree+
36.6%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$210,000
Days on Market
7
Very hot — homes selling fast
Months of Supply
0.9
Seller's market
Sale-to-List Ratio
101.0%
Homes selling above asking
Sold Above List
42.4%
Listings w/ Price Drops
33.9%
Building Permits (2025)
224
Single-Family Permits
180

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

[05] Crime & Safety

C
SAFETY
GRADE
Homicide Rate
6.7
per 100K · nat avg 6.3
Firearm Fatalities
10.6
per 100K · nat avg 14.8
Injury Deaths
88.8
per 100K · nat avg 76.3
vs National Average
Near national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Air Quality

B-
AIR QUALITY
GRADE
Median AQI (3yr)
46.3
Good
Good Air Days
58%
635 of 1,089 days
Unhealthy+ Days (3yr)
24
Includes 1 Very Unhealthy
Primary Pollutant
PM2.5
Fine particulate matter
Yearly Trend
2021
43
2022
45
2023
51
Median AQI · lower is better

Source: EPA Air Quality System (2021–2023). Grade based on 3-year average median AQI. Learn about AQI →

[07] 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.

[08] Score Breakdown

Population Growth -0.1% 16 percentile
Income Growth +1.7% 25 percentile
Vacancy Rate 2.0% 6 percentile
Home Price Change +9.0% 99 percentile
Rent Growth +6.4% 89 percentile
Price/Rent 12x 83 percentile

Bars show percentile rank among all 1001 counties.

[09] Frequently Asked Questions

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

With a Boom Town Index score of 64/100, Sangamon County sits in the upper half of all 1001 ranked counties. and median household income stands at $75,357 — indicators that suggest solid fundamentals even if it's not among the fastest-growing counties in IL.

Is Sangamon County affordable?

By national standards, Sangamon County is quite affordable. Homes here have a median value of $176,300, and the income-to-home-value ratio of 0.43 is well above the U.S. average — especially with median rent at just $983/month. Residents can generally buy a home without being cost-burdened.

Is Sangamon County growing or shrinking?

Sangamon County's job market is contracting (-2.6% YoY) while population is roughly stable (-0.1% change). Home values are +9.0% over the past 12 months. Hiring headwinds without an offsetting exodus — residents are staying, but local employers are shedding payroll.

Are many people relocating to Sangamon County?

Not particularly — 1.74% of Sangamon County's population moved in from another state, which is below the national average. Most residents are long-term locals rather than recent transplants.

How is the housing market in Sangamon County?

Home values climbed +9.0% year-over-year, which is a solid pace of appreciation. The median home in Sangamon County is now valued at $176,300. That kind of growth typically reflects sustained demand rather than speculative frenzy.

[10] Similar Counties by Size & Score

Lake County, IL 64 Madison County, IL 65 LaSalle County, IL 69 Champaign County, IL 69 Kendall County, IL 59 Boone County, IL 57 Clermont County, OH 64 Saratoga County, NY 64