ZIP Code 62703

In Springfield's 62703 ZIP code, median household income stands at $45,009, with per-capita income at $27,156 — figures that place the area among the city's working-class and lower-middle-income communities. Homes here have a median value of $96,500, and the county-level effective property tax rate of 1.99% means property taxes take a meaningful share of ownership costs. Shoppers also face a combined sales tax rate of 10.00%, among the higher rates in Illinois, which adds to the cost of everyday purchases. Together, these figures point to a neighborhood where incomes are constrained and tax obligations on both property and spending weigh noticeably on household finances.