Living in Springfield, Minnesota
Cost of living, income, home prices, rent and demographics of Springfield · Census data 2020–2024
Springfield has 2,125 residents with a median age of 44.1. The median household income is $59,434 (33% lower than the Minnesota median), the median home value is $122,300, the median rent is $820/month.
Springfield at a glance
- Population
- 2,125
- Median age
- 44.1State: 38.8
- Median household income
- $59,434State: $89,062
- Median home value
- $122,300State: $329,300
- Median rent
- $820/moState: $1,280
- Homeowners
- 73.2%
- Bachelor's degree or higher
- 26.6%
- Average commute
- 20 min
Is Springfield a good place to live?
Pros: Home values 63% lower than the state median; an average commute of 20 minutes.
Cons: Median household income 33% lower than the Minnesota median; unemployment of 5.8%; a poverty rate of 11.8%.
The weather is best in June to September.
Cost of living in Springfield
Housing is the biggest part of the cost of living. In Springfield the median home value is $122,300, 63% lower than the U.S. median. Renters pay a median of $820 per month, which is 31.6% of household income. Homeowners with a mortgage pay $1,095 a month in housing costs.
Springfield median household income
The median household income in Springfield is $59,434 and the income per person is $28,508. 11.8% of residents live below the poverty line (Minnesota: 9.3%).
Housing in Springfield: homes for sale and rent
- Housing units
- 973
- Owner-occupied
- 73.2%
- Renter-occupied
- 26.8%
- Vacant
- 8.3%Includes seasonal homes
- Median year built
- 1950
- Average household size
- 2.29
Springfield demographics
- Population
- 2,125
- Median age
- 44.1
- Under 18
- 25.1%
- 65 and older
- 27.8%
- Households
- 892
- Foreign-born
- 4.8%
- Veterans
- 6.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Springfield ›
Education in Springfield
26.6% of adults 25 and older in Springfield have a bachelor's degree or higher (Minnesota: 39.4%), and 9.5% have a graduate or professional degree.
Jobs and commute in Springfield
- Unemployment rate
- 5.8%State: 4.1%
- Average commute
- 20 minState: 23 min
- Work from home
- 9.3%
- Drive alone
- 69.2%
- Public transit
- 0%
- Walk to work
- 6.2%
- Homes with broadband
- 87.3%
Springfield vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Springfield | 2,125 | $59,434 | $122,300 | $820 |
| Sanborn | 299 | $48,750 | $68,200 | $99 |
| Comfrey | 338 | $61,875 | $96,300 | $622 |
| Clements | 109 | $54,375 | $63,100 | — |
| Wanda | 104 | $82,083 | $164,600 | — |
| Morgan | 925 | $55,833 | $117,400 | $1,018 |
| Sleepy Eye | 3,444 | $66,911 | $147,600 | $782 |
| Lamberton | 917 | $58,631 | $96,000 | $761 |
| Jeffers | 368 | $50,500 | $87,400 | $694 |
More for people moving to Springfield
Springfield ZIP code ›Weather and climate ›Living in Springfield: FAQ
What is the median household income in Springfield, MN?
The median household income in Springfield is $59,434, 33% lower than the Minnesota median of $89,062 (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 $122,300, compared with $329,300 in Minnesota.
How much is rent in Springfield?
The median gross rent in Springfield is $820 per month, about 31.6% of household income.
Is Springfield, MN a good place to live?
Pluses: home values 63% lower than the state median; an average commute of 20 minutes. Minuses: median household income 33% lower than the Minnesota median; unemployment of 5.8%; a poverty rate of 11.8%.
What is the median age in Springfield?
The median age in Springfield is 44.1 years (Minnesota: 38.8).
How long is the commute in Springfield?
The average commute to work in Springfield is 20 minutes; 9.3% of workers work from home.
What is the unemployment rate in Springfield?
The unemployment rate in Springfield is 5.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Springfield?
26.6% 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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