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Springfield, Kentucky

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
2,899
Population
$48,750
Median Income
$168,600
Home Value
44.5
Median Age

Demographics

Springfield has a population of 2,899 with a median age of 44.5. Here is the racial and ethnic breakdown of the population:

White
72.5%
Black
18.3%
Other
7.9%
Asian
1.3%
Demographic Value
Total Population2,899
Median Age44.5
White72.5%
Black or African American18.3%
Asian1.3%
Other / Two or More Races7.9%
Springfield, Kentucky — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 72.5%Black: 18.3%Other: 7.9%Other: 1.3%2,899PopulationWhiteWhite72.5%BlackBlack18.3%OtherOther7.9%OtherOther1.3%

Income & Economy

The median household income in Springfield is $48,750, which is 39.5% below the national median of $80,610. The per capita income is $37,135. The poverty rate is 10.3%.

$48,750
Median Household Income
$37,135
Per Capita Income
10.3%
Poverty Rate

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Education

In Springfield, 90.3% of residents age 25+ have a high school diploma or higher, and 14.9% hold a bachelor's degree or higher (6.2% with a graduate or professional degree).

HS Diploma+
90.3%
Bachelor's+
14.9%
Graduate+
6.2%
Education Level % of Adults (25+)
High School Diploma or Higher90.3%
Bachelor's Degree or Higher14.9%
Graduate or Professional Degree6.2%

Housing

The median home value in Springfield is $168,600, below the national median of $303,400. The median monthly rent is $816. The homeownership rate is 57.6%.

$168,600
Median Home Value
$816/mo
Median Rent
57.6%
Homeownership Rate
Housing Metric Value
Median Home Value$168,600
Median Monthly Rent$816
Homeownership Rate57.6%
Vacancy Rate5.7%

Salaries in Kentucky

Explore salary data for popular occupations in Kentucky:

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Other Cities in Kentucky

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Frequently Asked Questions

What is the population of Springfield, Kentucky?
The population of Springfield, Kentucky is 2,899 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Springfield, Kentucky?
The median household income in Springfield, Kentucky is $48,750. This is 39.5% below the national median of $80,610.
What is the median home value in Springfield, Kentucky?
The median home value in Springfield, Kentucky is $168,600. The median monthly rent is $816.
What percentage of people in Springfield have a college degree?
In Springfield, Kentucky, 14.9% of adults age 25 and older hold a bachelor's degree or higher, and 90.3% have a high school diploma or higher.
Is Springfield, Kentucky an affordable place to live?
The home price-to-income ratio in Springfield, Kentucky is 3.5x (median home value $168,600 vs. median income $48,750), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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