Living in Springfield, New Jersey

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

Springfield has 3,257 residents with a median age of 43. The median household income is $146,157 (41% higher than the New Jersey median), the median home value is $471,800, the median rent is $1,646/month.

Springfield at a glance

Population
3,257
Median age
43State: 40.1
Median household income
$146,157State: $103,556
Median home value
$471,800State: $454,400
Median rent
$1,646/moState: $1,720
Homeowners
92.9%
Bachelor's degree or higher
40.9%
Average commute
27 min

Is Springfield a good place to live?

Pros: Median household income 41% higher than the New Jersey median; an average commute of 27 minutes; unemployment of 5.2%; a poverty rate of 6.5%.

Cons: Home values 4% higher than the state median.

The weather is best in May–June and August–September.

Cost of living in Springfield

Housing is the biggest part of the cost of living. In Springfield the median home value is $471,800, 42% higher than the U.S. median. Renters pay a median of $1,646 per month, which is 51% of household income. Homeowners with a mortgage pay $2,953 a month in housing costs.

Median home value

Springfield$471,800
New Jersey$454,400
United States$332,700

Median monthly rent

Springfield$1,646
New Jersey$1,720
United States$1,413

Springfield median household income

The median household income in Springfield is $146,157 and the income per person is $59,702. 6.5% of residents live below the poverty line (New Jersey: 9.7%).

Median household income

Springfield$146,157
New Jersey$103,556
United States$80,734

Housing in Springfield: homes for sale and rent

Housing units
1,217
Owner-occupied
92.9%
Renter-occupied
7.1%
Vacant
4.4%Includes seasonal homes
Median year built
1980
Average household size
2.79

Springfield demographics

Population
3,257
Median age
43
Under 18
20.4%
65 and older
17.2%
Households
1,163
Foreign-born
6.8%
Veterans
6.4%Adults 18+

Race and ethnicity

White86.1%
Hispanic or Latino6.9%
Black1.4%
Asian3.8%

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

Education in Springfield

40.9% of adults 25 and older in Springfield have a bachelor's degree or higher (New Jersey: 43.6%), and 15.3% have a graduate or professional degree.

Bachelor's degree or higher

Springfield40.9%
New Jersey43.6%
United States35.7%

Jobs and commute in Springfield

Unemployment rate
5.2%State: 6.3%
Average commute
27 minState: 31 min
Work from home
13.2%
Drive alone
81%
Public transit
0.7%
Walk to work
1.2%
Homes with broadband
97.2%

Springfield vs nearby towns

TownPopulationMedian incomeHome valueRent
Springfield3,257$146,157$471,800$1,646
Jobstown286$94,500$458,300—
Juliustown313$170,895$577,500$1,462
Mansfield8,974$115,595$413,900$2,213
Eastampton6,352$110,000$392,400$2,183
Wrightstown448$49,500$256,300$1,270
Pemberton1,312$90,899$323,200$1,334
Mount Holly10,056$82,798$274,700$1,605
Florence12,935$105,631$314,200$1,407

More for people moving to Springfield

Springfield ZIP code ›Weather and climate ›

Living in Springfield: FAQ

What is the median household income in Springfield, NJ?

The median household income in Springfield is $146,157, 41% higher than the New Jersey median of $103,556 (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 $471,800, compared with $454,400 in New Jersey.

How much is rent in Springfield?

The median gross rent in Springfield is $1,646 per month, about 51% of household income.

Is Springfield, NJ a good place to live?

Pluses: median household income 41% higher than the New Jersey median; an average commute of 27 minutes; unemployment of 5.2%; a poverty rate of 6.5%. Minuses: home values 4% higher than the state median.

What is the median age in Springfield?

The median age in Springfield is 43 years (New Jersey: 40.1).

How long is the commute in Springfield?

The average commute to work in Springfield is 27 minutes; 13.2% of workers work from home.

What is the unemployment rate in Springfield?

The unemployment rate in Springfield is 5.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Springfield?

40.9% 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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