Living in Taylor Springs, Illinois

Cost of living, income, home prices, rent and demographics of Taylor Springs · Census data 2020–2024

Taylor Springs has 633 residents with a median age of 60. The median household income is $45,000 (46% lower than the Illinois median), the median home value is $67,400, the median rent is $772/month.

Taylor Springs is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Taylor Springs at a glance

Population
633
Median age
60State: 39
Median household income
$45,000State: $83,390
Median home value
$67,400State: $263,300
Median rent
$772/moState: $1,274
Homeowners
72.7%
Bachelor's degree or higher
10.9%
Average commute
20 min

Is Taylor Springs a good place to live?

Pros: Home values 74% lower than the state median; an average commute of 20 minutes.

Cons: Median household income 46% lower than the Illinois median; unemployment of 6.2%; a poverty rate of 19.7%.

The weather is best in May and August to October.

Cost of living in Taylor Springs

Housing is the biggest part of the cost of living. In Taylor Springs the median home value is $67,400, 80% lower than the U.S. median. Renters pay a median of $772 per month, which is 23.6% of household income. Homeowners with a mortgage pay $1,008 a month in housing costs.

Median home value

Taylor Springs$67,400
Illinois$263,300
United States$332,700

Median monthly rent

Taylor Springs$772
Illinois$1,274
United States$1,413

Taylor Springs median household income

The median household income in Taylor Springs is $45,000 and the income per person is $28,997. 19.7% of residents live below the poverty line (Illinois: 11.8%).

Median household income

Taylor Springs$45,000
Illinois$83,390
United States$80,734

Housing in Taylor Springs: homes for sale and rent

Housing units
268
Owner-occupied
72.7%
Renter-occupied
27.3%
Vacant
4.5%Includes seasonal homes
Median year built
1970
Average household size
2.04

Taylor Springs demographics

Population
633
Median age
60
Under 18
13.9%
65 and older
44.4%
Households
256
Foreign-born
0%
Veterans
12.1%Adults 18+

Race and ethnicity

White100%
Hispanic or Latino3.6%
Black0%
Asian0%

Hispanic or Latino can be of any race. Population history of Taylor Springs ›

Education in Taylor Springs

10.9% of adults 25 and older in Taylor Springs have a bachelor's degree or higher (Illinois: 37.8%), and 2.8% have a graduate or professional degree.

Bachelor's degree or higher

Taylor Springs10.9%
Illinois37.8%
United States35.7%

Jobs and commute in Taylor Springs

Unemployment rate
6.2%State: 5.8%
Average commute
20 minState: 28 min
Work from home
4.8%
Drive alone
82%
Public transit
0%
Walk to work
2.4%
Homes with broadband
72.7%

Taylor Springs vs nearby towns

TownPopulationMedian incomeHome valueRent
Taylor Springs633$45,000$67,400$772
Schram City578$51,250$94,300$743
Hillsboro5,803$50,158$111,700$715
Butler194$51,927$83,200—
Coffeen592$72,500$60,800$828
Irving355$70,625$43,100$533
Donnellson129$45,875$51,700$913
Panama420$72,917$54,700$970
Walshville158$72,917——

More for people moving to Taylor Springs

Taylor Springs ZIP code ›Weather and climate ›

Living in Taylor Springs: FAQ

What is the median household income in Taylor Springs, IL?

The median household income in Taylor Springs is $45,000, 46% lower than the Illinois median of $83,390 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Taylor Springs?

The median home value in Taylor Springs is $67,400, compared with $263,300 in Illinois.

How much is rent in Taylor Springs?

The median gross rent in Taylor Springs is $772 per month, about 23.6% of household income.

Is Taylor Springs, IL a good place to live?

Pluses: home values 74% lower than the state median; an average commute of 20 minutes. Minuses: median household income 46% lower than the Illinois median; unemployment of 6.2%; a poverty rate of 19.7%.

What is the median age in Taylor Springs?

The median age in Taylor Springs is 60 years (Illinois: 39).

How long is the commute in Taylor Springs?

The average commute to work in Taylor Springs is 20 minutes; 4.8% of workers work from home.

What is the unemployment rate in Taylor Springs?

The unemployment rate in Taylor Springs is 6.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Taylor Springs?

10.9% of adults in Taylor Springs have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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