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Page2of2Springfield, MA 01108 has a population of approximately 28,925 and experiences a population change rate of 11.99%. The population density is 7,765.1 / sq mi .
The median household income for Springfield, MA 01108 is $41,153, with 10,213 households and an average household size of 2.56.
The median value of a home in Springfield, MA 01108 is $256,900 with an appreciation rate of 15.60%. 37.58% of housing in the state is owned while 53.01% is rented.
The cost of living in Springfield, MA 01108 is 96 %.
The unemployment rate in Springfield, MA 01108 is 3.20%, and recent job growth is at 0.67%. Future job growth is projected at 36.84%.
The sales tax rate in Springfield, MA 01108 is 6.25%, while the income tax rate is 5.00% .
School expenditures in Springfield, MA 01108 are $21,412, and the school ratio is 11.5:1.
The average high temperature in July is 83.2 degrees, with an average low temperature in January of 14.7 degrees. The average rainfall is approximately 46.3 inches per year, with 40.1 inches of snow per year.
