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2024 Compare Cities Economy:
Springfield, MA vs Hoboken, NJ

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Highlights
- Household income in Hoboken, is 272% more than it is in Springfield and is 57% above the National Average.
- Springfield unemployment rate is 11.2%.
- Hoboken unemployment rate is 4.2%.

Economy
 Springfield, MAHoboken, NJUnited States
 Unemployment Rate11.2%4.2%6.0%
 Recent Job Growth3.6%-0.5%1.6%
 Future Job Growth31.7%30.0%33.5%
 Sales Taxes6.3%6.6%6.2%
 Income Taxes5.1%5.5%4.6%
 Income per Cap.$23,161$97,083$37,638
 Household Income$43,308$160,890$69,021
 Family Median Income$54,646$210,773$85,028
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 Est. Households By Income
 Springfield, MAHoboken, NJUnited States
 Income Less Than 15K19.7%5.0%9.4%
 Income between 15K and 20K6.6%2.7%3.8%
 Income between 20K and 30K11.0%3.6%8.1%
 Income between 30K and 40K9.9%2.8%8.0%
 Income between 40K and 50K8.3%3.0%7.6%
 Income between 50K and 60K6.6%2.6%7.2%
 Income between 60K and 75K8.6%3.7%9.6%
 Income between 75K and 100K11.0%7.9%12.8%
 Income between 100K and 150K11.5%15.3%16.3%
 Income between 150K and 200K4.1%15.2%7.8%
 Income greater than 200K2.6%38.1%9.5%
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 Population By Occupation
 Springfield, MAHoboken, NJUnited States
 Management, business, finance8.8%42.9%16.4%
 Engineering, computers, science3.7%10.7%6.5%
 Community, social services4.4%0.5%1.8%
 Legal0.8%3.8%1.2%
 Education, library5.2%4.2%6.2%
 Arts, design, media, sports, entertainment1.6%4.2%2.0%
 Healthcare practitioners and technology5.2%5.4%6.2%
 Healthcare support11.8%0.7%3.3%
 Firefighters, law enforcement2.4%0.9%2.1%
 Food preparation, serving5.8%1.7%5.4%
 Building maintenance3.9%0.5%3.6%
 Personal care3.5%1.5%2.6%
 Sales, office, administrative support19.1%19.6%20.9%
 Farming, fishing, forestry0.5%0.0%0.6%
 Construction, extraction, maintenance/repair5.9%0.6%8.1%
 Production, transportation, material moving17.2%2.8%13.1%

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Reviews for Springfield    15 Reviews

Over 5 years ago

Springfield is experiencing a rejeuvenation. Does the city have issues? Of course, what medium-sized city doesn't? During the past year, a new $1 billion MGM  More

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This city has a bad rep that is unwarranted. I just bought a terrific little house in a quiet and friendly neighborhood. Everywhere I go in this town, people are  More

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Over 10 years ago

I just moved to Springfield almost a year now. I moved there because I know the housing stock there is plentiful. It's also very affordable. The most affordable place to  More

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Reviews for Hoboken    8 Reviews

Over 10 years ago

Great place to  More

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Over 13 years ago

Hoboken is one of those places that is still overlooked. With Brooklyn blowing up,why not live essentially the same subway-trip from Manhattan without paying city tax,  More

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Over 13 years ago

My kind of  More

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ZIPS IN SPRINGFIELD, MASSACHUSETTS
01109, 01108, 01104, 01118, 01119, 01105, 01107, 01151, 01129, 01128, 11 total
ZIPS IN HOBOKEN, NEW JERSEY
07030

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