Everything You Need to Know About the City of Springfield Massachusetts

In 2017, Springfield, MA had a population of 155k people with a median age of 32.9 and a median household income of $37,118. Between 2016 and 2017 the population of Springfield, Massachusetts grew from 153,991 to 154,613, a 0.404% increase, and its median household income grew from $35,742 to $37,118, a 3.85% increase.

The population of Springfield, MA is 43.8% Hispanic or Latino, 32.6% White Alone, and 18.9% Black or African American Alone.N/A% of the people in Springfield, MA communicate in a non-English language, and 95.4% are U.S. citizens.

The largest universities in Springfield, MA are American International College (1,131 degrees awarded in 2017), Western New England University (1,110 degrees), and Springfield Technical Community College (1,077 degrees).

The median property value in Springfield, MA is $148,600, and the homeownership rate is 46.7%. Most people in Springfield, MA commute by Drove Alone, and the average commute time is 20.7 minutes. The average car ownership in Springfield, MA is 2 cars per household.


Education in Springfield

In 2017, universities in Springfield, MA awarded 5,146 degrees. The student population of Springfield, MA is skewed towards women, with 7,011 male students and 9,888 female students.

Most students graduating from Universities in Springfield, MA are White (3,168 and 62.7%), followed by Black or African American (753 and 14.9%), Hispanic or Latino (633 and 12.5%), and Unknown (276 and 5.46%).

The largest universities in Springfield, MA by the number of degrees awarded are American International College (1,131 and 22%), Western New England University (1,110 and 21.6%), and Springfield Technical Community College (1,077 and 20.9%).

The most popular majors in Springfield, MA are Community Organization & Advocacy (389 and 7.56%), Liberal Arts & Sciences (255 and 4.96%), and Education of Individuals Who are Developmentally Delayed (184 and 3.58%).

The median tuition costs in Springfield, MA are $33,904 for private four-year colleges, and $N/A and $N/A respectively, for public four-year colleges for in-state students and out-of-state students.


Economy in Springfield

The economy of Springfield, MA employs 62.1k people and Springfield has an unemployment rate of 6.4%. Springfield has seen the job market increase by 3.6% throughout the most recent year. Future job development throughout the following ten years is anticipated to be 31.7%, which is lower than the US average of 33.5%. The biggest industries in Springfield, MA are Health Care and Social Assistance (14,113 people), Retail Trade (7,317 people), and Manufacturing (6,832 people), and the highest paying industries are Utilities ($60,144), Public Administration ($54,956), and Finance and Insurance ($46,998). 

Households in Springfield, MA have a median yearly income of $37,118, which is not exactly the median yearly income of $61,937 over the whole United States. This is in contrast with a median income of $35,742 in 2016, which speaks to a 3.85% yearly development. 


Tax Rates for Springfield 

– The Sales Tax Rate for Springfield is 6.3%. 

– The Income Tax Rate for Springfield is 5.1%. 

– Tax Rates can have a big impact when Comparing the Cost of Living.


Income and Salaries for Springfield 

– The average income of a Springfield inhabitant is $18,435 every year. 

– The Median household income of a Springfield inhabitant is $34,731 every year.