Everything You Need to Know About the City of Springfield Missouri

In 2017, Springfield, Missouri had a population of 166k people with a median age of 32.8 and a median household income of $34,775 dollars. Between 2016 and 2017 the population of Springfield, MO grew from 165,138 to 165,785, a 0.392 percent increase, and its median household income grew from $33,769 dollars to $34,775 dollars, a 2.98 percent increase.

The population of Springfield, MO is 85.3 percent White Alone, 4.51 percent Hispanic or Latino, and 4.45 percent Black or African American Alone. N/A% of the people in Springfield, MO speak a non-English language, and 97.7 percent are U.S. citizens.

The largest universities in Springfield, MO are Missouri State University-Springfield (4,880 degrees awarded in 2017), Ozarks Technical Community College (2,933 degrees), and Drury University (1,030 degrees).

The median property value in Springfield, MO is $111,600 dollars, and the homeownership rate is 44.9 percent. Most people in Springfield, MO commute by Drove Alone, and the average commute time is 17.1 minutes. The average car ownership in Springfield, MO is 2 cars per household.


Education in Springfield

In 2017, universities in Springfield, MO awarded 10,505 degrees. The student of Springfield, MO is skewed towards women, with 17,997 male and 26,380 female students.

Most students graduating from Universities in Springfield, MO are White (8,483 and 86.1 percent), followed by Hispanic or Latino (382 and 3.88 percent), Two or More Races (316 and 3.21 percent), and Black or African American (303 and 3.08 percent).

The largest universities in Springfield, MO by the number of degrees awarded are Missouri State University-Springfield (4,880 and 46.5 percent), Ozarks Technical Community College (2,933 and 27.9 percent), and Drury University (1,030 and 9.8 percent).

The most popular majors in Springfield, MO are Other Liberal Arts & Sciences, General Studies, & Humanities (1,144 and 10.9 percent), General Business Administration & Management (712 and 6.78 percent), and General Psychology (439 and 4.18 percent).

The median tuition costs in Springfield, MO are $17,350 dollars for private four-year colleges, and $6,300 dollars and $13,740 dollars respectively, for public four-year colleges for in-state students and out-of-state students.


Economy in Springfield

The economy of Springfield, MO employs 80.1k people and Springfield has an unemployment rate of 2.8 percent. Springfield has seen the job market increase by 1.1 percent over the last year. Future job growth over the next ten years is predicted to be 28.7 percent, which is lower than the US average of 33.5 percent. The largest industries in Springfield, MO are Health Care & Social Assistance (12,901 people), Accommodation & Food Services (8,878 people), and  Retail Trade (11,435 people) and the highest paying industries are Utilities ($61,371 dollars), Mining, Quarrying, & Oil & Gas Extraction ($44,091 dollars), and Professional, Scientific, & Technical Services ($42,182 dollars).

Households in Springfield, MO have a median annual income of $34,775 dollars, which is less than the median annual income of $61,937 dollars across the entire United States. This is in comparison to a median income of $33,769 dollars in 2016, which represents a 2.98 percent annual growth.


Tax Rates for Springfield

– The Sales Tax Rate for Springfield is 7.3 percent.

– The Income Tax Rate for Springfield is 5.9 percent.

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


Income and Salaries for Springfield

– The average earnings of a Springfield resident are $20,540 dollars a year.

– The Median household earnings of a Springfield resident is $32,473 dollars a year.