Spring Bay, IL

Full City Profile · Illinois · Peoria County County

3.2 /5.0
B Good
519 Population 752/sq mi density
$61,111 Median Income $27,850 per capita
$134,900 Home Value $136,385 Zillow
$1,083 Median Rent 35.5% income on rent
53°F Avg Temperature
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
C+
Economy
2.8 / 5.0
$61,111 median income, 6.9% unemployment
A+
Affordability
5.0 / 5.0
$134,900 home value, $1,083/mo rent
D
Education
1.9 / 5.0
11.5% bachelor's degree or higher

Spring Bay, IL

At a Glance

Median Income
$61,111
19% below
$27,850 per capita
Home Value
$134,900
52% below
Zillow: $136,385
Median Rent
$1,083/mo
7% below
35.5% of income on rent
Bachelor's Degree+
11.5%
66% below
94.5% high school+
Unemployment
6.9%
92% above
19.6% poverty rate
Obesity Rate
39.5%
23% above
16.7% smoking rate
Avg Temperature
53°F

How Spring Bay Compares to the U.S. Average

Each bar shows Spring Bay's value as a percentage of the national average (100% = U.S. avg)

Income
81%
Home Value
48%
Rent
93%
Poverty
158%
Bachelor's
34%
Unemployment
192%
Thin vertical line = U.S. national average (100%)

Is Spring Bay a Good Place to Live?

B
3.2 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Spring Bay residents earn a median household income of $61,111 , which is 19% below the national average of $75,149. Per capita income is $27,850. The unemployment rate stands at 6.9% (92% above the U.S. rate of 3.6%). 19.6% of residents live below the poverty line. The area is home to 3,972 business establishments, including 468 restaurants.

Housing & Cost of Living

The median home value in Spring Bay is $134,900 , 52% below the national median of $281,900. Zillow estimates the typical home at $136,385. Median rent is $1,083/month, with 35.5% of renters spending more than 30% of income on housing. The cost of living index is 100.0 (100 = national average). The median home was built in 1971.

Education

11.5% of adults in Spring Bay hold a bachelor's degree or higher (66% below the national average). 94.5% have completed high school. Local schools score 5.2/10 in standardized testing.

Climate & Weather

Spring Bay has an average annual temperature of 53°F (12°C). Winters average 26°F in January while summers reach 76°F in July. Annual precipitation totals 36.4 inches. Air quality is rated Good with a median AQI of 44.

Data Overview

People

Population519
Median Age42.9 yrs
Density752/mi²
Male / Female58% / 42%
Foreign Born0.0%
Veterans5.2%

Economy

C+
Median Income$61,111
Per Capita$27,850
Unemployment6.9%
Poverty19.6%
County GDP$16,966M
Avg Weekly Wage$1,438

Housing

A+
Home Value$134,900
Rent$1,083
Ownership64.9%
Zillow$136,385
Housing Units192
Rent Burden35.5%

Health

Obesity39.5%
Diabetes9.9%
Smoking16.7%
Heart Disease5.8%
Premature Death10,362/100K

Climate

Avg Temp53°F
Rain36.4 in/yr
AQI44 (Good)
Elevation456 ft

Education

D
Bachelor's+11.5%
High School+94.5%
Graduate+0.6%
School Score5.2/10

Community

2024 VoteR 47% / D 52%
Commute23 min
Broadband88.6%
Internet Speed101 Mbps
EV Stations2
Libraries13

Did You Know?

The median home in Spring Bay was built in 1971.
The nearest airport is General Downing - Peoria International (14 miles).
The Gini coefficient (income inequality) is 0.492 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Moderate" by FEMA.
18.3% of the population has a disability.
Average internet download speed is 101 Mbps.
There are 468 restaurants in the area.
The county recorded 20 fatal vehicle crashes.