Everything You Should Know Before Moving to 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.
Demographics - Speer, IL
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.
Population:
80
Density:
38 per sq mi
Median Age:
48.2
Gender Ratio:
99 males per 100 females
Non-English Speakers Percentage:
1.5%
Ethnic Composition
White:
97.0%
Black:
0.0%
Asian:
0.0%
Others:
3.0%
Cost Of Living
What is the average cost of living in Speer, IL?
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.
Median House Value:
$112,000
Gross Rent:
$680
Monthly Electricity Charges:
$110
Auto Insurance:
$1,120
House Owner Cost With Mortgage:
$920
House Owner Cost Without Mortgage:
$340
State Taxes:
Low:
4.95%
|
High:
4.95%
Cost Of Living Index:
81.0
Grocery:
94.5
Housing:
62.5
Utilities:
98.4
Transportation:
94.2
Health Care:
93.1
Miscellaneous:
96.0
Crime
Is Speer, IL a safe place to live?
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.
Violent Crimes Per 100k:
52
Property Crimes Per 100k:
340
Crime Index:
392
Chance Of Violent Crime:
1 in 1,900
Chance Of Property Crime:
1 in 294
Weather
What is the weather like in Speer, IL year-round?
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.
Winter
Min:
15°F
Max:
33°F
Spring
Min:
40°F
Max:
64°F
Summer
Min:
62°F
Max:
85°F
Fall
Min:
45°F
Max:
67°F
Average Rainfall Inches:
39.2 inches
Sunny Days Percentage:
56%
Neighbors
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.
Median Income:
$36,200
Household Income:
$54,800
Family Income:
$62,000
Per Capita Income:
$27,500
Income Male:
$36,500
Income Female:
$29,600
Poverty Rate:
12.5%
Non English Speakers:
1.5%
Rent:
$680
Unemployment Rate:
4.7%
Public Transport Usage:
0.1%
Commute Time:
27.4 minutes
Education
High School or Higher:
91.8%
Bachelors or More:
16.2%
Education
How are the schools in Speer, IL?
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.
Public Schools
Name:
Princeville High School
Street:
302 Cordis Ave
Phone:
309-385-2213
Students:
200
Student Teacher Ratio:
13.5
Name:
Princeville Grade School
Street:
302 Cordis Ave
Phone:
309-385-2213
Students:
450
Student Teacher Ratio:
15.2
Colleges
Name:
Illinois Central College
City:
East Peoria
State:
IL
Distance:
26 miles
Students:
8,500
Healthcare
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.
Major Hospitals
Name:
UnityPoint Health - Methodist Hospital
Address:
221 NE Glen Oak Ave, Peoria, IL 61636
Phone:
(309) 672-5522
Type:
General & Surgical
Emergency Services:
Yes
Name:
OSF Saint Francis Medical Center
Address:
530 NE Glen Oak Ave, Peoria, IL 61637
Phone:
(309) 655-2000
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
2.1
Health Insurance Coverage:
92.7%
Health Care Index:
67.0
Housing Market
What is the housing market like in Speer, IL?
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.
Median Home Price:
$112,000
Average Rent For 2 Bedroom:
$680
Owner Occupied Rate:
80.2%
Rental Vacancy Rate:
7.2%
Home Appreciation Rate (1yr):
2.1%
New Construction Rate:
0.7%
Foreclosure Rate:
0.7%
DMV Information
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.
State:
Illinois
Department:
Illinois Secretary of State - Driver Services Facility
Address:
201 N. Vermilion St., Pontiac, IL 61764
Phone:
1-800-252-8980
Website:
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.