Springfield, IL local economy

Springfield, IL ranks in the 97th percentile of United States metros as of September 2026, with momentum rising over the past 12 months.

New business applications or registrations was 4,380 in January 2025, up 1.6% from January 2024. Dwelling units authorized by permit was 11 in July 2026.

Frequently asked questions

How does Springfield, IL rank among United States metros?

Springfield, IL ranks in the 97th percentile of United States metros as of September 2026, with momentum rising over the past 12 months.

What is the new business applications or registrations in Springfield, IL?

New business applications or registrations in Springfield, IL was 4,380 in January 2025.

What is the dwelling units authorized by permit in Springfield, IL?

Dwelling units authorized by permit in Springfield, IL was 11 in July 2026.

What is the payrolled or covered employment in Springfield, IL?

Payrolled or covered employment in Springfield, IL was 132,917 in January 2026.

Nearby and related

• United States overview
• Boulder, CO
• Rochester, MN
• Carson City, NV
• Madison, WI
• Des Moines-West Des Moines, IA
• Austin-Round Rock-San Marcos, TX
• Midland, TX
• Sheboygan, WI
• Sioux Falls, SD-MN
• Wilmington, NC

Sources and methodology

• U.S. Census Bureau — Business Formation Statistics (BFS)
• U.S. Census Bureau — Building Permits Survey (BPS), CBSA monthly
• U.S. Bureau of Labor Statistics — Quarterly Census of Employment and Wages (QCEW), national all-industry

Method: 2026.09. Updated 2026-09-10. Coverage: 100% of weighted components available.

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