Springfield has a population of 168,873 with a median age of 33.3. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 168,873 |
| Median Age | 33.3 |
| White | 86.4% |
| Black or African American | 4.3% |
| Asian | 1.9% |
| Hispanic or Latino | 4.6% |
| Other / Two or More Races | 2.8% |
The median household income in Springfield is $43,450, which is 42.2% below the national median of $75,149. The per capita income is $28,806. The poverty rate is 20.3%.
The unemployment rate in Springfield is 4.8%, compared to the national rate of 5.4%.
In Springfield, 91.8% of residents age 25+ have a high school diploma or higher, and 30.0% hold a bachelor's degree or higher (11.3% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 91.8% |
| Bachelor's Degree or Higher | 30.0% |
| Graduate or Professional Degree | 11.3% |
The median home value in Springfield is $146,400, below the national median of $281,900. The median monthly rent is $878. The homeownership rate is 42.3%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $146,400 |
| Median Monthly Rent | $878 |
| Homeownership Rate | 42.3% |
| Vacancy Rate | 5.0% |
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