Springfield, MA
Maps & Population Facts
Population
154,613
Population Density
4,852
Labor Participaton
58.5%
Bachelor's or Higher
18.2%
Median Household Income
$37,118
Median Individual Income
$26,457
Median Individual Income(Full-time Workers Only)
$40,642
Housing Estimates
Median House Value
$148,600
Median Gross Rent
$858
Median Mortgage Payment
$1,366
Housing Units
61,935
People who reside in Springfield live in:
Detached - Single Family Homes
44%
Apt, Condo, Other
56%
Analysis
Income
Households in Springfield earn signifcantly less money than the national median income, averaging 38% less per household.
Housing
Springfield has a median house price of $148,600. The cost of owning a home in Springfield is less than most areas. The cost of renting in Springfield is 15% less than the national average.
| Percent | |
|---|---|
| Renter Occupied Households | 38% |
| New Construction (Built after 2000) | 4% |
Demographics
The median age in Springfield is 33. Springfield has a population that is significantly younger than in comparison to the US median age.
Springfield ranks in the lowest of the nation for having an educated population and has significantly less college graduates per resident than most areas.
Housing Data
Housing Comparison
| Springfield | Massachusetts | USA | |
| Median Property Value | 148,600 | 385,400 | 217,600 |
| Median Mortgage Payment | 1,366 | 2,108 | 1,513 |
| Median Gross Rent | 858 | 1,208 | 1,012 |
| Property Vacancy | 9.0% | 10.0% | 12.6% |
| % Renters | 53% | 38% | 36% |
| Residents per Sq. Mi. | 4,852 | 885 | 93 |
Personal Comparison
| Springfield | Massachusetts | USA | |
| Median Household Income | 37,118 | 77,385 | 60,336 |
| Median Individual Income | 26,457 | 41,700 | 33,646 |
| Median Income (Full-Time) | 40,642 | 60,923 | 46,881 |
| Median Age | 32.9 | 39.5 | 38.1 |
| Labor Participation | 58.5% | 67.8% | 62.8% |
| Attained College Degree | 18.2% | 43.4% | 32.0% |
Population Density Analysis
Springfield, MA
4,852
Residents per Sq. Mile
The population density of Springfield is comparable to that of a Small City.
Major City
10,000 Residents +
Mid-Sized City
5,000 Residents +
Small City
2,500 Residents +
Suburban
500 Residents +
Rural
100 Residents +
Remote
1 Residents +