Springfield, Massachusetts 

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Economy in Springfield, Massachusetts

Springfield has an unemployment rate of 6.4%. The US average is 3.9%.

Springfield has seen the job market increase by 3.6% over the last year. Future job growth over the next ten years is predicted to be 31.7%, which is lower than the US average of 33.5%.

Tax Rates for Springfield
- The Sales Tax Rate for Springfield is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Springfield is 5.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Springfield
- The average income of a Springfield resident is $18,435 a year. The US average is $28,555 a year.
- The Median household income of a Springfield resident is $34,731 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

  ECONOMYSpringfield, MassachusettsUnited States
  6.4%3.9%
  3.6%1.6%
  31.7%33.5%
  6.3%7.3%
  5.1%4.6%
  $20,046$31,177
  $37,118$57,652
  $41,485$70,850
  POPULATION BY OCCUPATION
  1.0%1.3%
  0.0%0.6%
  3.6%6.2%
  9.8%10.4%
  2.3%2.7%
  12.2%11.6%
  3.9%4.1%
  0.6%0.9%
  1.3%2.1%
  4.9%4.7%
  1.4%1.9%
  3.0%6.7%
  0.0%0.1%
  4.1%4.3%
  8.9%9.3%
  23.0%13.8%
  1.9%2.2%
  7.9%7.4%
  4.8%4.9%
  5.1%4.8%
ECONOMY MAP
  • Unemployment Rate (US Avg: 5.2%)
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    Reviews for Springfield    15 Reviews
    New resident, and I love it - 3/14/2017
    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... Read More

    Start Your Review of Springfield


    City of Homes - 8/13/2014
    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... Read More

    demographics - 6/10/2013
    I just wanted to correct the demographic info presented on this site. As of the 2010 census, the breakdown for Springfield, MA as listed on the Springfield, MA city... Read More


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    COMPARE COST OF LIVING
    Compare Springfield, Massachusetts to any other place in the USA.

    MAPS OF SPRINGFIELD, MASSACHUSETTS
    Check out the latest Maps in a variety of categories including cost of living, population, and commute time.Springfield,Massachusetts Map
    ZIP CODES IN SPRINGFIELD, MASSACHUSETTS
    01109, 01108, 01104, 01118, 01119, 01105, 01107, 01151, 01129, 01128, ... 12 more

    NEW LISTINGS IN SPRINGFIELD MA
    $164,900
    194 Centre St
    Bed 3 | Bath 1.0 |

    $159,888
    45 Ladd St
    Bed 3 | Bath 2.0 |

    $164,900
    178 Dorset St
    Bed 4 | Bath 2.0 |

    $185,000
    72 Burt Rd
    Bed 4 | Bath 2.0 |

    $174,900
    156 Garland St
    Bed 4 | Bath 1.0 |

    $124,900
    198 Gifford St
    Bed 2 | Bath 1.0 |


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