Springfield, Massachusetts

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2022 5-Year Estimates
155,305
Population
$47,677
Median Income
$198,500
Home Value
33.4
Median Age

Demographics

Springfield has a population of 155,305 with a median age of 33.4. Here is the racial and ethnic breakdown of the population:

Hispanic
48.3%
White
46.1%
Black
20.5%
Asian
2.9%
Demographic Value
Total Population155,305
Median Age33.4
White46.1%
Black or African American20.5%
Asian2.9%
Hispanic or Latino48.3%

Income & Economy

The median household income in Springfield is $47,677, which is 36.6% below the national median of $75,149. The per capita income is $25,669. The poverty rate is 25.3%.

$47,677
Median Household Income
$25,669
Per Capita Income
25.3%
Poverty Rate

Employment

The unemployment rate in Springfield is 8.7%, compared to the national rate of 5.4%.

Education

In Springfield, 79.6% of residents age 25+ have a high school diploma or higher, and 20.0% hold a bachelor's degree or higher (8.5% with a graduate or professional degree).

HS Diploma+
79.6%
Bachelor's+
20.0%
Graduate+
8.5%
Education Level % of Adults (25+)
High School Diploma or Higher79.6%
Bachelor's Degree or Higher20.0%
Graduate or Professional Degree8.5%

Housing

The median home value in Springfield is $198,500, below the national median of $281,900. The median monthly rent is $1,047. The homeownership rate is 47.8%.

$198,500
Median Home Value
$1,047/mo
Median Rent
47.8%
Homeownership Rate
Housing Metric Value
Median Home Value$198,500
Median Monthly Rent$1,047
Homeownership Rate47.8%
Vacancy Rate7.6%

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Frequently Asked Questions

What is the population of Springfield, Massachusetts?
The population of Springfield, Massachusetts is 155,305 according to U.S. Census Bureau ACS 2022 5-Year Estimates.
What is the median household income in Springfield, Massachusetts?
The median household income in Springfield, Massachusetts is $47,677. This is 36.6% below the national median of $75,149.
What is the median home value in Springfield, Massachusetts?
The median home value in Springfield, Massachusetts is $198,500. The median monthly rent is $1,047.
What percentage of people in Springfield have a college degree?
In Springfield, Massachusetts, 20.0% of adults age 25 and older hold a bachelor's degree or higher, and 79.6% have a high school diploma or higher.
Is Springfield, Massachusetts an affordable place to live?
The home price-to-income ratio in Springfield, Massachusetts is 4.2x (median home value $198,500 vs. median income $47,677), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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