Springfield, Massachusetts Housing

Springfield, Massachusetts has a population of 154,700, with a median household income of $94,000.

Current housing data for Springfield.

$520,000

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Population

154,700

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Median Income

$94,000

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Unemployment

4.70%

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Housing Price

$520,000

🚨

Crime Rate

3.50

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Internet Speed

366.00 Mbps

Springfield is a notable city in Massachusetts, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

Springfield has a population of 154,700, which is higher than the state average. This indicates a relatively larger urban presence within Massachusetts.

Income and Economy

The median household income in Springfield is $94,000, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Springfield is about $520,000, making it relatively affordable compared to many cities in Massachusetts.

Employment and Safety

The unemployment rate in Springfield is 4.70%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Springfield are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in Massachusetts, Springfield shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Springfield continues to play a role in shaping regional trends in Massachusetts, particularly in terms of economic and demographic factors.

Frequently Asked Questions about Springfield

What is the population of Springfield?

The population of Springfield is approximately 154,700.

Is Springfield a good place to live?

Springfield offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Springfield?

The median household income in Springfield is around $94,000.

How expensive is housing in Springfield?

The average housing price in Springfield is approximately $520,000.