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Page20of19Springfield has a population of approximately 168,603 and experiences a population change rate of 11.23%. The population density is 2,047.5 / sq mi .
The median household income for Springfield is $39,991, with 78,824 households and an average household size of 2.01.
The median value of a home in Springfield is $217,200 with an appreciation rate of 21.60%. 40.57% of housing in the state is owned while 53.93% is rented.
The cost of living in Springfield is 87.6 %.
The unemployment rate in Springfield is 2.20%, and recent job growth is at 2.53%. Future job growth is projected at 46.86%.
The sales tax rate in Springfield is 9.10%, while the income tax rate is 5.40% .
School expenditures in Springfield are $12,517, and the school ratio is 12.9:1.
The average high temperature in July is 88.5 degrees, with an average low temperature in January of 20.8 degrees. The average rainfall is approximately 45.1 inches per year, with 13.6 inches of snow per year.
