Living in Springfield, New Jersey
Cost of living, income, home prices, rent and demographics of Springfield · Census data 2020–2024
Springfield has 17,171 residents with a median age of 44.1. The median household income is $155,906 (51% higher than the New Jersey median), the median home value is $636,600, the median rent is $2,188/month.
Springfield at a glance
- Population
- 17,171
- Median age
- 44.1State: 40.1
- Median household income
- $155,906State: $103,556
- Median home value
- $636,600State: $454,400
- Median rent
- $2,188/moState: $1,720
- Homeowners
- 66.8%
- Bachelor's degree or higher
- 65.8%
- Average commute
- 28 min
Is Springfield a good place to live?
Pros: Median household income 51% higher than the New Jersey median; an average commute of 28 minutes; unemployment of 4.8%; a poverty rate of 5.7%.
Cons: Home values 40% 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 $636,600, 91% higher than the U.S. median. Renters pay a median of $2,188 per month, which is 27.3% of household income. Homeowners with a mortgage pay $3,596 a month in housing costs.
Springfield median household income
The median household income in Springfield is $155,906 and the income per person is $71,395. 5.7% of residents live below the poverty line (New Jersey: 9.7%).
Housing in Springfield: homes for sale and rent
- Housing units
- 7,277
- Owner-occupied
- 66.8%
- Renter-occupied
- 33.2%
- Vacant
- 5.4%Includes seasonal homes
- Median year built
- 1962
- Average household size
- 2.49
Springfield demographics
- Population
- 17,171
- Median age
- 44.1
- Under 18
- 20.1%
- 65 and older
- 18.2%
- Households
- 6,883
- Foreign-born
- 24.5%
- Veterans
- 3.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Springfield ›
Education in Springfield
65.8% of adults 25 and older in Springfield have a bachelor's degree or higher (New Jersey: 43.6%), and 25.7% have a graduate or professional degree.
Jobs and commute in Springfield
- Unemployment rate
- 4.8%State: 6.3%
- Average commute
- 28 minState: 31 min
- Work from home
- 24.2%
- Drive alone
- 59.4%
- Public transit
- 5.2%
- Walk to work
- 0.5%
- Homes with broadband
- 96.4%
Springfield vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Springfield | 17,171 | $155,906 | $636,600 | $2,188 |
| Mountainside | 7,049 | $211,538 | $810,300 | $3,501 |
| Summit | 22,705 | $190,304 | $994,500 | $2,430 |
| Kenilworth | 8,401 | $118,611 | $522,200 | $2,023 |
| Short Hills | 14,923 | $250,001 | $1,674,100 | $3,126 |
| Vauxhall | 6,157 | $111,421 | $360,000 | $1,830 |
| Millburn | 22,145 | $250,001 | $1,371,500 | $2,262 |
| Westfield | 31,111 | $232,629 | $953,400 | $2,357 |
| Garwood | 4,885 | $110,670 | $533,300 | $1,753 |
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 $155,906, 51% 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 $636,600, compared with $454,400 in New Jersey.
How much is rent in Springfield?
The median gross rent in Springfield is $2,188 per month, about 27.3% of household income.
Is Springfield, NJ a good place to live?
Pluses: median household income 51% higher than the New Jersey median; an average commute of 28 minutes; unemployment of 4.8%; a poverty rate of 5.7%. Minuses: home values 40% higher than the state median.
What is the median age in Springfield?
The median age in Springfield is 44.1 years (New Jersey: 40.1).
How long is the commute in Springfield?
The average commute to work in Springfield is 28 minutes; 24.2% of workers work from home.
What is the unemployment rate in Springfield?
The unemployment rate in Springfield is 4.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Springfield?
65.8% 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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