Springfield is a mid-sized city in MO with a population of 166,798 residents. With a median home price of $289,056 (17% below the national median) and median household income of $61,570, Springfield is considered moderately affordable with a price-to-income ratio of 4.7x.
The real estate market in Springfield features a median home price of $289,056, which is 17% lower than the U.S. national median of $350,000. Monthly rent averages $1,204, 20% below the national average. Over the past decade, rent has increased by 75%.
Springfield has a diverse population that represents a wide range of backgrounds, ages, and household types contributing to the city's vibrant community.
Springfield offers a median household income of $61,570, which is 12% lower than the national median of $70,000. Residents spend approximately 23% of their income on rent annually, which is within the recommended 30% threshold.
Understanding the climate of Springfield is important for those considering relocating. Weather patterns affect daily life, activities, and overall comfort.
See how Springfield compares to other popular destinations. Compare cost of living, housing prices, and quality of life.
The median home price in Springfield is $289,056, with average monthly rent of $1,204. The median household income is $61,570, giving the city a price-to-income ratio of 4.7x.
Springfield has moderate affordability with a price-to-income ratio of 4.7x, close to the national average.
Springfield has a population of 166,798 residents, making it the #126 largest city in the United States.
Springfield has a violent crime rate of 524 per 100,000 residents, which is near the national average. The property crime rate is 2347 per 100,000 residents.
Estates is a comprehensive cost of living comparison platform that helps you compare cities across the United States. We provide data on housing prices, rent, income, crime rates, demographics, and climate to help you make informed relocation decisions. Our data comes from trusted sources including Zillow, the U.S. Census Bureau, FBI, and NOAA.
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