Market Population Trends

Employment Type

Age Grouping

Ethnicity Mix 2018

Fertility Rate

2,384 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: $1,392

Average Rent as Percentage of Gross Income

Median rent for 2018: $847

Average Commute

Primary Transportation

Gender Mix

Field of Employment

Estimated Consumer Expenditures

Category
Estimated Annual Spend (in 000's)
Food $209,096
--Home Prepared Food $117,824
--Restaurant/Takeaway Food $91,272
Alcoholic Beverages $15,350
Housing $530,000
--Rent/Mortgage/Upkeep/Taxes $309,910
--Utilities $106,830
--Operations $40,243
--Supplies $19,706
--Furnishings $53,519
Apparel $49,162
--Men & Boys $10,994
--Women & Girls $19,914
--Children < 2 $207
--Footwear $10,372
Transportation $257,429
--New Vehicles $48,125
--Used Vehicles $54,971
--Fuel $55,593
--Insurance $25,722
--Public Transit $21,573
Healthcare $131,100
Entertainment $85,049
--Pets $17,425
--Toys $4,149
Personal Care Products $20,329
Books & Literature $2,904
Education $37,131
Tobacco Products $9,127
Miscellaneous $26,137
Retirement $49,785
Non-health Insurance $192,501
Total Expenditures $1,615,099

Selected Population Data

Period Geography Population
2014 Springfield city, Massachusetts 153,836
2015 Springfield city, Massachusetts 153,947
2016 Springfield city, Massachusetts 153,991
2017 Springfield city, Massachusetts 154,613
2018 Springfield city, Massachusetts 154,596