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Spring Bay, IL
Full City Profile · Illinois · Peoria County County
2.8
/5.0
C+
Fair
519
Population
752/sq mi density
$61,111
Median Income
$27,850 per capita
$134,900
Home Value
$119,696 Zillow
$1,083
Median Rent
35.5% income on rent
53°F
Avg Temperature
275 sunny days/yr
379
Violent Crime/100K
2,568 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.2 / 5.0
$61,111 median income, 4.0% unemployment
A+
Affordability
5.0 / 5.0
$134,900 home value, $1,083/mo rent
F
Safety
1.0 / 5.0
379 violent crimes/100K
D
Education
1.9 / 5.0
11.5% bachelor's degree or higher
Income Overview
Median Household Income
$61,111
19% below
US avg: $75,149
Per Capita Income
$27,850
29% below
US avg: $39,052
Unemployment Rate
4.0%
11% above
US avg: 3.6%
Poverty Rate
19.6%
58% above
US avg: 12.4%
Income Comparison: Spring Bay vs. U.S. Average
Each bar shows Spring Bay’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$61,111
81%
Per Capita
US: $39,052
$27,850
71%
IRS Avg AGI
US: $72,000
$80,771
112%
Avg Weekly Wage
US: $1,432
$1,438
100%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,438
0% below US avg ($1,432)
Mean Commute Time
23 min
18% below US avg (28 min)
Work From Home
11.8%
22% below US avg (15.2%)
Drive Alone
81.7%
12% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$16,966M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
81.7%
Public Transit
0%
Work From Home
11.8%
Other
6.5%
Average commute time
23 minutes
US avg: 28 min
Business Landscape
Total Establishments
3,972
Restaurants
468
Healthcare
543
Retail
638
Manufacturing
138
Tax & Financial
IRS Avg Adjusted Gross Income
$80,771
12% above US avg ($72,000)
Avg Property Tax
$8,031
129% above US avg ($3,500)
Cost of Living Index
100.0
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $61,111 |
| Per Capita Income | $27,850 |
| IRS Avg Adjusted Gross Income | $80,771 |
| Avg Weekly Wage | $1,438 |
| County GDP | $16,966M |
Hardship Indicators
| Unemployment Rate | 4.0% |
| Poverty Rate | 19.6% |
| Gini Coefficient | 0.492 |
| Cost of Living Index | 100.0 |
Commute
| Mean Commute | 23 minutes |
| Drive Alone | 81.7% |
| Public Transit | 0.0% |
| Work From Home | 11.8% |
Businesses
| Total Establishments | 3,972 |
| Restaurants | 468 |
| Healthcare | 543 |
| Retail | 638 |
| Manufacturing | 138 |
Tax
| IRS Avg AGI | $80,771 |
| Avg Property Tax | $8,031 |