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Springfield, Massachusetts

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
154,749
Population
$52,656
Median Income
$245,000
Home Value
33.7
Median Age

Demographics

Springfield has a population of 154,749 with a median age of 33.7. Here is the racial and ethnic breakdown of the population:

Hispanic
48.6%
White
34.5%
Black
20.0%
Asian
2.7%
Demographic Value
Total Population154,749
Median Age33.7
White34.5%
Black or African American20.0%
Asian2.7%
Hispanic or Latino48.6%
Springfield, Massachusetts — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 106.Hispanic/Latino: 45.9%White: 32.6%Black: 18.9%Asian: 2.6%154,749PopulationHispanic/LatinoHispanic/Latino45.9%WhiteWhite32.6%BlackBlack18.9%AsianAsian2.6%

Income & Economy

The median household income in Springfield is $52,656, which is 34.7% below the national median of $80,610. The per capita income is $27,337. The poverty rate is 25.8%.

$52,656
Median Household Income
$27,337
Per Capita Income
25.8%
Poverty Rate

Employment

The unemployment rate in Springfield is 6.4%, compared to the national rate of 4.1%.

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Education

In Springfield, 79.8% of residents age 25+ have a high school diploma or higher, and 20.5% hold a bachelor's degree or higher (8.7% with a graduate or professional degree).

HS Diploma+
79.8%
Bachelor's+
20.5%
Graduate+
8.7%
Education Level % of Adults (25+)
High School Diploma or Higher79.8%
Bachelor's Degree or Higher20.5%
Graduate or Professional Degree8.7%

Housing

The median home value in Springfield is $245,000, below the national median of $303,400. The median monthly rent is $1,144. The homeownership rate is 49.6%.

$245,000
Median Home Value
$1,144/mo
Median Rent
49.6%
Homeownership Rate
Housing Metric Value
Median Home Value$245,000
Median Monthly Rent$1,144
Homeownership Rate49.6%
Vacancy Rate7.1%

Salaries in Massachusetts

Explore salary data for popular occupations in Massachusetts:

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Other Cities in Massachusetts

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Frequently Asked Questions

What is the population of Springfield, Massachusetts?
The population of Springfield, Massachusetts is 154,749 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Springfield, Massachusetts?
The median household income in Springfield, Massachusetts is $52,656. This is 34.7% below the national median of $80,610.
What is the median home value in Springfield, Massachusetts?
The median home value in Springfield, Massachusetts is $245,000. The median monthly rent is $1,144.
What percentage of people in Springfield have a college degree?
In Springfield, Massachusetts, 20.5% of adults age 25 and older hold a bachelor's degree or higher, and 79.8% 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 4.7x (median home value $245,000 vs. median income $52,656), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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