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Springfield, MA 01128 has a population of approximately 2,798 and experiences a population change rate of -6.52%. The population density is 2,509.4 / sq mi .
The median household income for Springfield, MA 01128 is $79,015, with 1,136 households and an average household size of 2.85.
The median value of a home in Springfield, MA 01128 is $274,900 with an appreciation rate of 15.60%. 92.87% of housing in the state is owned while 7.13% is rented.
The cost of living in Springfield, MA 01128 is 102.3 %.
The unemployment rate in Springfield, MA 01128 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 01128 is 6.25%, while the income tax rate is 5.00% .
School expenditures in Springfield, MA 01128 are $21,412, and the school ratio is 11.5:1.
The average high temperature in July is 83.1 degrees, with an average low temperature in January of 15.2 degrees. The average rainfall is approximately 46.4 inches per year, with 43.1 inches of snow per year.