Living in Springfield, Kentucky
Cost of living, income, home prices, rent and demographics of Springfield · Census data 2020–2024
Springfield has 2,899 residents with a median age of 44.5. The median household income is $48,750 (24% lower than the Kentucky median), the median home value is $168,600, the median rent is $816/month.
Springfield at a glance
- Population
- 2,899
- Median age
- 44.5State: 39.1
- Median household income
- $48,750State: $63,726
- Median home value
- $168,600State: $205,600
- Median rent
- $816/moState: $967
- Homeowners
- 57.6%
- Bachelor's degree or higher
- 14.9%
- Average commute
- 17 min
Is Springfield a good place to live?
Pros: Home values 18% lower than the state median; an average commute of 17 minutes; a poverty rate of 10.3%.
Cons: Median household income 24% lower than the Kentucky median; unemployment of 5.5%.
The weather is best in May and August to October.
Cost of living in Springfield
Housing is the biggest part of the cost of living. In Springfield the median home value is $168,600, 49% lower than the U.S. median. Renters pay a median of $816 per month, which is 29.3% of household income. Homeowners with a mortgage pay $1,105 a month in housing costs.
Springfield median household income
The median household income in Springfield is $48,750 and the income per person is $37,135. 10.3% of residents live below the poverty line (Kentucky: 16.1%).
Housing in Springfield: homes for sale and rent
- Housing units
- 1,419
- Owner-occupied
- 57.6%
- Renter-occupied
- 42.4%
- Vacant
- 5.7%Includes seasonal homes
- Median year built
- 1968
- Average household size
- 2.04
Springfield demographics
- Population
- 2,899
- Median age
- 44.5
- Under 18
- 20.4%
- 65 and older
- 23.2%
- Households
- 1,338
- Foreign-born
- 2.1%
- Veterans
- 6.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Springfield ›
Education in Springfield
14.9% of adults 25 and older in Springfield have a bachelor's degree or higher (Kentucky: 27.6%), and 6.2% have a graduate or professional degree.
Jobs and commute in Springfield
- Unemployment rate
- 5.5%State: 4.9%
- Average commute
- 17 minState: 24 min
- Work from home
- 4.1%
- Drive alone
- 74.7%
- Public transit
- 0%
- Walk to work
- 6.9%
- Homes with broadband
- 87.1%
Springfield vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Springfield | 2,899 | $48,750 | $168,600 | $816 |
| Mackville | 204 | $51,875 | $112,500 | $608 |
| Lebanon | 6,430 | $45,479 | $149,700 | $701 |
| Willisburg | 334 | $49,688 | $145,200 | $860 |
| Loretto | 683 | $61,250 | $183,100 | $797 |
| St. Mary | 147 | $47,500 | $157,100 | — |
| Chaplin | 337 | $94,352 | $217,200 | — |
| Bradfordsville | 444 | $29,722 | — | $681 |
| Perryville | 970 | $62,552 | $144,800 | $464 |
More for people moving to Springfield
Springfield ZIP code ›Weather and climate ›Living in Springfield: FAQ
What is the median household income in Springfield, KY?
The median household income in Springfield is $48,750, 24% lower than the Kentucky median of $63,726 (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 $168,600, compared with $205,600 in Kentucky.
How much is rent in Springfield?
The median gross rent in Springfield is $816 per month, about 29.3% of household income.
Is Springfield, KY a good place to live?
Pluses: home values 18% lower than the state median; an average commute of 17 minutes; a poverty rate of 10.3%. Minuses: median household income 24% lower than the Kentucky median; unemployment of 5.5%.
What is the median age in Springfield?
The median age in Springfield is 44.5 years (Kentucky: 39.1).
How long is the commute in Springfield?
The average commute to work in Springfield is 17 minutes; 4.1% of workers work from home.
What is the unemployment rate in Springfield?
The unemployment rate in Springfield is 5.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Springfield?
14.9% 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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