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Speer, IL
Considering a move to Speer, IL? This quiet rural community of about 80 residents offers affordable living with a median home price of $112,000 and average rents around $680. Speer boasts very low crime, short average commutes of 27 minutes, and a friendly, close-knit environment. While education options are nearby in Princeville, the area is ideal for those seeking small-town charm, mild Midwestern summers, and a low cost of living.
Speer, Illinois is a small rural community with a population of around 80 people, characterized by a median age of 48 and a nearly even gender balance. The area is predominantly White, with very few non-English speakers, reflecting a close-knit and homogenous population. Residents enjoy spacious surroundings with a low population density, offering a peaceful, quiet lifestyle.
Living in Speer is notably affordable, with a median home value of $112,000 and average rent of $680 per month. Essential costs such as utilities and groceries are below the national average, making it a budget-friendly choice for families and retirees. Illinois’ flat state income tax rate of 4.95% also contributes to manageable living expenses.
Speer experiences very low crime rates, with violent crime almost nonexistent and property crime far below national averages. The chance of becoming a victim of violent crime is just 1 in 1,900, making it a safe and secure place to call home. Residents can feel at ease in this peaceful, rural environment.
Speer has a classic Midwestern climate, featuring cold winters with lows around 15°F and warm summers peaking at 85°F. The area enjoys about 56% sunny days each year and receives approximately 39 inches of rainfall, making for distinct and pleasant seasonal changes. Residents can expect comfortable spring and fall temperatures, ideal for enjoying the outdoors.
Neighbors in Speer typically have a median household income of $54,800, with a poverty rate of 12.5%. The community is well-educated, as over 91% have completed high school, and most residents commute by car with an average trip of 27 minutes. The small-town atmosphere fosters a strong sense of community and neighborly support.
Speer families benefit from public schools in nearby Princeville, including Princeville High School and Princeville Grade School, known for their favorable student-teacher ratios. Higher education is accessible through Illinois Central College, located just 26 miles away in East Peoria. The area supports a solid educational foundation for students of all ages.
Residents have access to quality healthcare, with major hospitals such as UnityPoint Health and OSF Saint Francis Medical Center located in nearby Peoria. The area boasts a high health insurance coverage rate of 92.7% and about 2.1 physicians per 1,000 people, ensuring that medical services are accessible. Emergency medical services are conveniently available in the region.
Speer’s housing market is highly affordable, with a median home price of $112,000 and over 80% of homes being owner-occupied. Rental options are available at an average of $680 for a two-bedroom, and both the home appreciation and foreclosure rates are low, indicating a stable and accessible market. The community’s housing options are well-suited for those seeking long-term residency in a rural setting.
Residents in Speer are served by the Illinois Secretary of State Driver Services Facility located in Pontiac. The DMV offers essential services such as licensing, vehicle registration, and title transfers, with convenient access through its website and customer support line. This ensures that local drivers can easily manage their transportation needs.
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.
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