Living in Springfield, Pennsylvania
Cost of living, income, home prices, rent and demographics of Springfield · Census data 2020–2024
Springfield has 21,005 residents with a median age of 45.8. The median household income is $135,683 (74% higher than the Pennsylvania median), the median home value is $469,500, the median rent is $1,578/month.
Springfield at a glance
- Population
- 21,005
- Median age
- 45.8State: 40.9
- Median household income
- $135,683State: $77,971
- Median home value
- $469,500State: $254,500
- Median rent
- $1,578/moState: $1,209
- Homeowners
- 83%
- Bachelor's degree or higher
- 62.6%
- Average commute
- 28 min
Is Springfield a good place to live?
Pros: Median household income 74% higher than the Pennsylvania median; unemployment of 4.8%; a poverty rate of 4.1%.
Cons: Home values 84% higher than the state median; an average commute of 28 minutes.
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 $469,500, 41% higher than the U.S. median. Renters pay a median of $1,578 per month, which is 27.6% of household income. Homeowners with a mortgage pay $2,621 a month in housing costs.
Springfield median household income
The median household income in Springfield is $135,683 and the income per person is $69,077. 4.1% of residents live below the poverty line (Pennsylvania: 11.7%).
Housing in Springfield: homes for sale and rent
- Housing units
- 8,128
- Owner-occupied
- 83%
- Renter-occupied
- 17%
- Vacant
- 2.1%Includes seasonal homes
- Median year built
- 1954
- Average household size
- 2.49
Springfield demographics
- Population
- 21,005
- Median age
- 45.8
- Under 18
- 22.2%
- 65 and older
- 23.4%
- Households
- 7,961
- Foreign-born
- 5.5%
- Veterans
- 6.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Springfield ›
Education in Springfield
62.6% of adults 25 and older in Springfield have a bachelor's degree or higher (Pennsylvania: 35.2%), and 29.1% have a graduate or professional degree.
Jobs and commute in Springfield
- Unemployment rate
- 4.8%State: 5.3%
- Average commute
- 28 minState: 26 min
- Work from home
- 27.7%
- Drive alone
- 61.7%
- Public transit
- 4.6%
- Walk to work
- 0.9%
- Homes with broadband
- 97.1%
Springfield vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Springfield | 21,005 | $135,683 | $469,500 | $1,578 |
| Flourtown | 4,992 | $148,274 | $507,300 | $1,734 |
| Wyndmoor | 5,633 | $152,594 | $485,000 | $1,464 |
| Oreland | 5,953 | $111,625 | $420,700 | $1,261 |
| Whitemarsh | 19,966 | $148,970 | $570,100 | $2,322 |
| Glenside | 7,659 | $101,676 | $390,600 | $1,431 |
| Wyncote | 3,389 | $148,824 | $470,100 | $1,434 |
| Fort Washington | 6,271 | $166,321 | $575,600 | $1,996 |
| Cheltenham | 38,374 | $109,022 | $384,800 | $1,608 |
More for people moving to Springfield
Springfield ZIP code ›Weather and climate ›Living in Springfield: FAQ
What is the median household income in Springfield, PA?
The median household income in Springfield is $135,683, 74% higher than the Pennsylvania median of $77,971 (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 $469,500, compared with $254,500 in Pennsylvania.
How much is rent in Springfield?
The median gross rent in Springfield is $1,578 per month, about 27.6% of household income.
Is Springfield, PA a good place to live?
Pluses: median household income 74% higher than the Pennsylvania median; unemployment of 4.8%; a poverty rate of 4.1%. Minuses: home values 84% higher than the state median; an average commute of 28 minutes.
What is the median age in Springfield?
The median age in Springfield is 45.8 years (Pennsylvania: 40.9).
How long is the commute in Springfield?
The average commute to work in Springfield is 28 minutes; 27.7% 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?
62.6% 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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