Living in Springfield, Vermont

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

Springfield has 9,084 residents with a median age of 43.2. The median household income is $66,571 (18% lower than the Vermont median), the median home value is $192,400, the median rent is $963/month.

Springfield at a glance

Population
9,084
Median age
43.2State: 43.1
Median household income
$66,571State: $81,203
Median home value
$192,400State: $316,600
Median rent
$963/moState: $1,234
Homeowners
67.7%
Bachelor's degree or higher
23.3%
Average commute
27 min

Is Springfield a good place to live?

Pros: Home values 39% lower than the state median.

Cons: Median household income 18% lower than the Vermont median; an average commute of 27 minutes; unemployment of 8.2%; a poverty rate of 14.8%.

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 $192,400, 42% lower than the U.S. median. Renters pay a median of $963 per month, which is 29.9% of household income. Homeowners with a mortgage pay $1,534 a month in housing costs.

Median home value

Springfield$192,400
Vermont$316,600
United States$332,700

Median monthly rent

Springfield$963
Vermont$1,234
United States$1,413

Springfield median household income

The median household income in Springfield is $66,571 and the income per person is $32,960. 14.8% of residents live below the poverty line (Vermont: 10.1%).

Median household income

Springfield$66,571
Vermont$81,203
United States$80,734

Housing in Springfield: homes for sale and rent

Housing units
4,264
Owner-occupied
67.7%
Renter-occupied
32.3%
Vacant
10.1%Includes seasonal homes
Median year built
1958
Average household size
2.26

Springfield demographics

Population
9,084
Median age
43.2
Under 18
18.6%
65 and older
23.6%
Households
3,834
Foreign-born
1.1%
Veterans
7.7%Adults 18+

Race and ethnicity

White92.6%
Hispanic or Latino2.8%
Black0.5%
Asian0.3%

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

Education in Springfield

23.3% of adults 25 and older in Springfield have a bachelor's degree or higher (Vermont: 43.8%), and 6% have a graduate or professional degree.

Bachelor's degree or higher

Springfield23.3%
Vermont43.8%
United States35.7%

Jobs and commute in Springfield

Unemployment rate
8.2%State: 3.6%
Average commute
27 minState: 24 min
Work from home
15.1%
Drive alone
63.2%
Public transit
1.7%
Walk to work
3.6%
Homes with broadband
87.5%

Springfield vs nearby towns

TownPopulationMedian incomeHome valueRent
Springfield9,084$66,571$192,400$963
North Springfield427$68,865$187,800—
Charlestown4,889$47,338$228,000$1,099
Baltimore361$107,500$219,400—
Weathersfield2,856$83,095$252,700$1,401
Chester2,992$62,125$232,900$960
Rockingham4,807$70,857$210,900$1,062
Ascutney381$53,269$218,800—
Langdon805$97,917$281,900$1,417

More for people moving to Springfield

Springfield ZIP code ›Weather and climate ›

Living in Springfield: FAQ

What is the median household income in Springfield, VT?

The median household income in Springfield is $66,571, 18% lower than the Vermont median of $81,203 (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 $192,400, compared with $316,600 in Vermont.

How much is rent in Springfield?

The median gross rent in Springfield is $963 per month, about 29.9% of household income.

Is Springfield, VT a good place to live?

Pluses: home values 39% lower than the state median. Minuses: median household income 18% lower than the Vermont median; an average commute of 27 minutes; unemployment of 8.2%; a poverty rate of 14.8%.

What is the median age in Springfield?

The median age in Springfield is 43.2 years (Vermont: 43.1).

How long is the commute in Springfield?

The average commute to work in Springfield is 27 minutes; 15.1% of workers work from home.

What is the unemployment rate in Springfield?

The unemployment rate in Springfield is 8.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Springfield?

23.3% 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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