Market Population Trends

Employment Type

Age Grouping

Ethnicity Mix 2018

Fertility Rate

6,728 estimated births

Household Characteristics

Median Age over Time

Households with Children by Age

Median Household Income

Educational Attainment

Unemployment Rate

Type of Housing

Housing Values

Median mortgage payment for 2018: $1,626

Average Rent as Percentage of Gross Income

Median rent for 2018: $928

Average Commute

Primary Transportation

Gender Mix

Field of Employment

Estimated Consumer Expenditures

Category
Estimated Annual Spend (in 000's)
Food $1,354,106
--Home Prepared Food $763,028
--Restaurant/Takeaway Food $591,078
Alcoholic Beverages $99,409
Housing $3,432,283
--Rent/Mortgage/Upkeep/Taxes $2,006,979
--Utilities $691,830
--Operations $260,612
--Supplies $127,619
--Furnishings $346,587
Apparel $318,376
--Men & Boys $71,198
--Women & Girls $128,962
--Children < 2 $1,343
--Footwear $67,168
Transportation $1,667,109
--New Vehicles $311,659
--Used Vehicles $355,990
--Fuel $360,020
--Insurance $166,577
--Public Transit $139,709
Healthcare $849,003
Entertainment $550,777
--Pets $112,842
--Toys $26,867
Personal Care Products $131,649
Books & Literature $18,807
Education $240,461
Tobacco Products $59,108
Miscellaneous $169,263
Retirement $322,406
Non-health Insurance $1,246,637
Total Expenditures $10,459,395

Selected Population Data

Period Geography Population
2014 Springfield, MA Metro Area 626,775
2015 Springfield, MA Metro Area 628,800
2016 Springfield, MA Metro Area 629,107
2017 Springfield, MA Metro Area 630,385
2018 Springfield, MA Metro Area 630,275