Cost of Living,
Springfield's Real Estate Market
Springfield Metro Area
Profile: Small city
Location: Southwest Missouri at the foot of the Ozark Mountains
Time zone: Central Standard Time
|Nearby mountains||Growth and sprawl|
|Nearby recreation|| Economic concerns|
|Cost of living||Low ethnic diversity|
Springfield, the state’s third largest city, serves as a commercial center and gateway to the Ozark Mountains. The town is an important crossroads and agricultural center for livestock and poultry production, and has grown rapidly in recent years, strengthening the economy but also bringing some unattractive sprawl and contentious growth management issues. The former Southwest Missouri State University, recently renamed Missouri State, now brings some 18,000 students to town.
The Ozark Mountains provide recreation, scenic attractions and relief from summer heat. There is a strong Bible Belt influence. The large number of tourist attractions sometimes border on the tawdry. Branson, Missouri, a glittery entertainment and recreation center aimed at country music fans, is 40 miles south. Branson’s recent, rapid growth has helped the economy and put the area on the national map, but it has also brought some unwanted tourist impact. The cost of living and housing cost profiles are attractive and consistent with the rest of the region.
The flat to gently rolling terrain, located on an Ozark Mountain plateau, contains areas of mixed deciduous forest and farmland. The higher Ozarks and numerous, wooded creek valleys extend to the south and west into Arkansas. The climate is continental and “plateau,” characterized by mild and changeable weather similar to other high places in southerly latitudes. Ozark winters are considerably milder and summers are appreciably cooler than conditions in nearby lower elevations. Hot, humid spells and cold can occur, but pockets of mountain air usually moderate them. First freeze is mid-October, last is mid-April.
Interesting Facts about Springfield, Missouri
As of 2014, Springfield's population is 160,246 people. Since 2000, it has had a population growth of 4.42 percent.--------------------
The median home cost in Springfield is $105,100. Home appreciation the last year has been 0.80 percent.--------------------
Compared to the rest of the country, Springfield's cost of living is 16.20% Lower than the U.S. average.--------------------
Springfield public schools spend $9,048 per student. The average school expenditure in the U.S. is $12,435. There are about 18.3 students per teacher in Springfield.--------------------
The unemployment rate in Springfield is 5.00 percent(U.S. avg. is 6.30%). Recent job growth is Positive. Springfield jobs have Increased by 1.60 percent.
Ranked #73 America's Best and Worst Cities for Crime (Mid-Size Metro Areas)
Ranked #86 Best Green Cities
Ranked #119 2005 Best Places to Live
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Average Commute time is 17 minutes. The National Average is 25 minutes.--------------------
Springfield's Real Estate Market (click to see properties)
• Newly Listed Homes
• Most Expensive Listing
• Million Dollar Houses
• Homes from $750,001 to $1,000,000
• Homes from $500,001 to $750,000
• Homes from $250,000 to $500,000
• Homes under $250,000
• Median Priced Homes