Living in Springfield, Florida

Cost of living, income, home prices, rent and demographics of Springfield · Census data 2020–2024

Springfield has 8,230 residents with a median age of 38. The median household income is $54,462 (27% lower than the Florida median), the median home value is $188,600, the median rent is $1,307/month.

Springfield at a glance

Population
8,230
Median age
38State: 42.6
Median household income
$54,462State: $74,568
Median home value
$188,600State: $359,000
Median rent
$1,307/moState: $1,669
Homeowners
62%
Bachelor's degree or higher
15.5%
Average commute
23 min

Is Springfield a good place to live?

Pros: Home values 47% lower than the state median; an average commute of 23 minutes; unemployment of 2.1%.

Cons: Median household income 27% lower than the Florida median; a poverty rate of 22.3%.

The weather is best in March–April and October–November.

Cost of living in Springfield

Housing is the biggest part of the cost of living. In Springfield the median home value is $188,600, 43% lower than the U.S. median. Renters pay a median of $1,307 per month, which is 34.2% of household income. Homeowners with a mortgage pay $1,554 a month in housing costs.

Median home value

Springfield$188,600
Florida$359,000
United States$332,700

Median monthly rent

Springfield$1,307
Florida$1,669
United States$1,413

Springfield median household income

The median household income in Springfield is $54,462 and the income per person is $28,418. 22.3% of residents live below the poverty line (Florida: 12.6%).

Median household income

Springfield$54,462
Florida$74,568
United States$80,734

Housing in Springfield: homes for sale and rent

Housing units
3,863
Owner-occupied
62%
Renter-occupied
38%
Vacant
8.8%Includes seasonal homes
Median year built
1988
Average household size
2.30

Springfield demographics

Population
8,230
Median age
38
Under 18
20%
65 and older
17.7%
Households
3,522
Foreign-born
4%
Veterans
13%Adults 18+

Race and ethnicity

White61.8%
Hispanic or Latino8.8%
Black20.8%
Asian3.4%

Hispanic or Latino can be of any race. Population history of Springfield ›

Education in Springfield

15.5% of adults 25 and older in Springfield have a bachelor's degree or higher (Florida: 34.1%), and 6.2% have a graduate or professional degree.

Bachelor's degree or higher

Springfield15.5%
Florida34.1%
United States35.7%

Jobs and commute in Springfield

Unemployment rate
2.1%State: 4.8%
Average commute
23 minState: 28 min
Work from home
7.2%
Drive alone
70.5%
Public transit
0.9%
Walk to work
0.3%
Homes with broadband
91.8%

Springfield vs nearby towns

TownPopulationMedian incomeHome valueRent
Springfield8,230$54,462$188,600$1,307
Cedar Grove3,802$74,625$176,100$1,420
Parker4,509$69,657$224,200$1,338
Callaway13,496$65,609$250,300$1,322
Lynn Haven20,081$80,973$320,000$1,563
Tyndall AFB447$118,594—$2,422
Pretty Bayou2,906$85,208$298,900$1,749
Panama City34,979$62,265$268,900$1,327
Lower Grand Lagoon4,287$74,044$397,200$1,323

More for people moving to Springfield

Springfield ZIP code ›Weather and climate ›

Living in Springfield: FAQ

What is the median household income in Springfield, FL?

The median household income in Springfield is $54,462, 27% lower than the Florida median of $74,568 (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 $188,600, compared with $359,000 in Florida.

How much is rent in Springfield?

The median gross rent in Springfield is $1,307 per month, about 34.2% of household income.

Is Springfield, FL a good place to live?

Pluses: home values 47% lower than the state median; an average commute of 23 minutes; unemployment of 2.1%. Minuses: median household income 27% lower than the Florida median; a poverty rate of 22.3%.

What is the median age in Springfield?

The median age in Springfield is 38 years (Florida: 42.6).

How long is the commute in Springfield?

The average commute to work in Springfield is 23 minutes; 7.2% of workers work from home.

What is the unemployment rate in Springfield?

The unemployment rate in Springfield is 2.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Springfield?

15.5% 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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