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Springfield, New Jersey

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
1,304
Population
$250,001
Median Income
$607,900
Home Value
42.1
Median Age

Demographics

Springfield has a population of 1,304 with a median age of 42.1. Here is the racial and ethnic breakdown of the population:

Asian
38.9%
Hispanic
32.4%
White
28.8%
Black
7.9%
Demographic Value
Total Population1,304
Median Age42.1
White28.8%
Black or African American7.9%
Asian38.9%
Hispanic or Latino32.4%
Springfield, New Jersey — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 108.Asian: 36.0%Hispanic/Latino: 30.0%White: 26.7%Black: 7.3%1,304PopulationAsianAsian36.0%Hispanic/LatinoHispanic/Latino30.0%WhiteWhite26.7%BlackBlack7.3%

Income & Economy

The median household income in Springfield is $250,001, which is 210.1% above the national median of $80,610. The per capita income is $96,657. The poverty rate is 0.3%.

$250,001
Median Household Income
$96,657
Per Capita Income
0.3%
Poverty Rate

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Education

In Springfield, 97.9% of residents age 25+ have a high school diploma or higher, and 59.1% hold a bachelor's degree or higher (10.1% with a graduate or professional degree).

HS Diploma+
97.9%
Bachelor's+
59.1%
Graduate+
10.1%
Education Level % of Adults (25+)
High School Diploma or Higher97.9%
Bachelor's Degree or Higher59.1%
Graduate or Professional Degree10.1%

Housing

The median home value in Springfield is $607,900, above the national median of $303,400. The median monthly rent is $2,332. The homeownership rate is 84.7%.

$607,900
Median Home Value
$2,332/mo
Median Rent
84.7%
Homeownership Rate
Housing Metric Value
Median Home Value$607,900
Median Monthly Rent$2,332
Homeownership Rate84.7%
Vacancy Rate7.2%

Salaries in New Jersey

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Frequently Asked Questions

What is the population of Springfield, New Jersey?
The population of Springfield, New Jersey is 1,304 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Springfield, New Jersey?
The median household income in Springfield, New Jersey is $250,001. This is 210.1% above the national median of $80,610.
What is the median home value in Springfield, New Jersey?
The median home value in Springfield, New Jersey is $607,900. The median monthly rent is $2,332.
What percentage of people in Springfield have a college degree?
In Springfield, New Jersey, 59.1% of adults age 25 and older hold a bachelor's degree or higher, and 97.9% have a high school diploma or higher.
Is Springfield, New Jersey an affordable place to live?
The home price-to-income ratio in Springfield, New Jersey is 2.4x (median home value $607,900 vs. median income $250,001), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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