Living in Springfield, Colorado
Cost of living, income, home prices, rent and demographics of Springfield · Census data 2020–2024
Springfield has 1,384 residents with a median age of 41.5. The median household income is $48,295 (49% lower than the Colorado median), the median home value is $134,100, the median rent is $588/month.
Springfield is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Springfield at a glance
- Population
- 1,384
- Median age
- 41.5State: 37.7
- Median household income
- $48,295State: $95,470
- Median home value
- $134,100State: $539,400
- Median rent
- $588/moState: $1,761
- Homeowners
- 67.5%
- Bachelor's degree or higher
- 25.1%
- Average commute
- 9 min
Is Springfield a good place to live?
Pros: Home values 75% lower than the state median; an average commute of 9 minutes; unemployment of 0.8%.
Cons: Median household income 49% lower than the Colorado median; a poverty rate of 12.5%.
The weather is best in May–June and September–October.
Cost of living in Springfield
Housing is the biggest part of the cost of living. In Springfield the median home value is $134,100, 60% lower than the U.S. median. Renters pay a median of $588 per month, which is 30.4% of household income. Homeowners with a mortgage pay $1,132 a month in housing costs.
Springfield median household income
The median household income in Springfield is $48,295 and the income per person is $31,446. 12.5% of residents live below the poverty line (Colorado: 9.4%).
Housing in Springfield: homes for sale and rent
- Housing units
- 711
- Owner-occupied
- 67.5%
- Renter-occupied
- 32.5%
- Vacant
- 8.6%Includes seasonal homes
- Median year built
- 1966
- Average household size
- 2.04
Springfield demographics
- Population
- 1,384
- Median age
- 41.5
- Under 18
- 25.5%
- 65 and older
- 25.6%
- Households
- 650
- Foreign-born
- 6.5%
- Veterans
- 6.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Springfield ›
Education in Springfield
25.1% of adults 25 and older in Springfield have a bachelor's degree or higher (Colorado: 45.7%), and 5.1% have a graduate or professional degree.
Jobs and commute in Springfield
- Unemployment rate
- 0.8%State: 4.6%
- Average commute
- 9 minState: 25 min
- Work from home
- 4.3%
- Drive alone
- 79.7%
- Public transit
- 0%
- Walk to work
- 9.7%
- Homes with broadband
- 88.8%
Springfield vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Springfield | 1,384 | $48,295 | $134,100 | $588 |
| Walsh | 492 | $24,196 | $85,000 | $566 |
| Keyes | 175 | $113,750 | — | — |
| Boise City | 1,125 | $43,393 | $67,100 | $726 |
More for people moving to Springfield
Springfield ZIP code ›Weather and climate ›Living in Springfield: FAQ
What is the median household income in Springfield, CO?
The median household income in Springfield is $48,295, 49% lower than the Colorado median of $95,470 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Springfield?
The median home value in Springfield is $134,100, compared with $539,400 in Colorado.
How much is rent in Springfield?
The median gross rent in Springfield is $588 per month, about 30.4% of household income.
Is Springfield, CO a good place to live?
Pluses: home values 75% lower than the state median; an average commute of 9 minutes; unemployment of 0.8%. Minuses: median household income 49% lower than the Colorado median; a poverty rate of 12.5%.
What is the median age in Springfield?
The median age in Springfield is 41.5 years (Colorado: 37.7).
How long is the commute in Springfield?
The average commute to work in Springfield is 9 minutes; 4.3% of workers work from home.
What is the unemployment rate in Springfield?
The unemployment rate in Springfield is 0.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Springfield?
25.1% of adults in Springfield have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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