What is the Best Neighborhoods USA ranking for Mather and Wells?
Mather and Wells is ranked #19 of 22 eligible neighborhoods in Springfield; #225 of 261 eligible neighborhoods in IL; and #11,677 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Mather and Wells
Springfield, IL | Sangamon County
Scored premium profile
Best Neighborhoods USA Index
37.7
Stability and Strength
11.6
Value Opportunity
39.3
Momentum
77.3
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Springfield, IL |
| County | Sangamon County |
| National rank | #11,677 of 14,967 |
| State rank | #225 of 261 |
| City rank | #19 of 22 |
| County rank | #19 of 22 |
| National percentile | 22.0 |
| National band | LOWER_25_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $70,508 |
| Year-over-year home value change | 3.3% |
| Month-over-month home value change | 0.45% |
| Home value to income ratio | 3.26 |
| Median household income | $21,624 |
| Bachelor's degree or higher | 12.9% |
| Civilian unemployment rate | 9.6% |
| Homeownership rate | 40.1% |
| Housing vacancy rate | 19.3% |
| Rent burden 30% or higher | 78.0% |
How to read this profile
- Ranks are always shown with denominators.
- Momentum reflects both year-over-year and month-over-month housing change.
- Stability and Strength and Value Opportunity are governed composite scores.
- Identity composition is descriptive intelligence and is not a scoring component.
Questions and Answers
Questions About Living in Mather and Wells
Is Mather and Wells one of the best neighborhoods in Springfield?
Mather and Wells has a Best Neighborhoods USA Index of 37.7 and a city ranking of #19 of 22 eligible neighborhoods in Springfield.
How much are homes worth in Mather and Wells?
The current Zillow Home Value Index for Mather and Wells is approximately $70,508.
Are home values rising or falling in Mather and Wells?
Zillow neighborhood values changed 3.3% year over year and 0.45% month over month.
What is the Neighborhood Momentum Score for Mather and Wells?
Mather and Wells has a Neighborhood Momentum Score of 77.3. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Mather and Wells?
The NDS-derived neighborhood median household income is approximately $21,624.
How affordable is Mather and Wells relative to household income?
The current Zillow home-value-to-household-income ratio is 3.26. Price-to-income affordability is a major Value Opportunity input.
Is Mather and Wells primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 40.1%.
What is the unemployment rate in Mather and Wells?
The NDS-derived civilian unemployment rate is approximately 9.6%.
How educated are residents of Mather and Wells?
Approximately 12.9% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Mather and Wells face high rent burden?
Approximately 78.0% of the applicable renter-household universe is estimated to spend 30% or more of household income on gross rent.
How does Best Neighborhoods USA score Mather and Wells?
The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.
Governed ranking context
How this neighborhood ranks
HMDA Mortgage Intelligence
Neighborhood Mortgage Market
Modeled neighborhood-level mortgage activity allocated from governed HMDA tract data using Zillow neighborhood geometry. These neighborhood values are nonadditive and do not enter the Best Neighborhoods USA Index.
Activity year2024
Estimated applications5
Estimated originations3
Home-purchase applications3
Origination rate67.9%
Home-purchase share60.7%
Average application loan$217,143
Total application loan amount$1,049,517
National application rank#13,792 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -20.0% YoY; originations -5.0% YoY
Mortgage methodology
HMDA is natively reported at tract and other lender-reporting geographies, not Zillow neighborhood or ZIP geography. This module uses the certified NDS HMDA-to-Zillow tract-vintage crosswalk and area-weighted allocation. Rankings require governed geometry coverage. Applicant demographics are excluded. Neighborhood values may overlap and must not be summed to reconstruct ZIP or national totals.