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Springfield, Massachusetts

city · Hampden County

At a glance

154,749
Population
$245,000
Median home value (all homes)
19% below U.S. median
$307,092
Typical market value
Zillow, 2026-07
$1,144/mo
Median rent
15% below U.S. median
$52,656
Median household income
33% below U.S. median
20.2 min
Average commute
86%
Homes with broadband
17.14%
Locations with fiber available
8.7%
Unemployment

Cost of living (Clay Affordability Index)

CAI 99 — 1% below the national average. how it's computed

Housing2% below
Goods & services1% below
Utilities23% above
Taxes7% below
Insurance5% above
Commute cost25% below
For business: Massachusetts is CBII band 3/5 · time to build band 3/5. See state page for the breakdown.

Living here

Nearest 4-year college2 mi
Nearest community college1 mi
Nearest technical college3 mi
High school graduates79.8%
College graduates20.5%

Doing business here

Economic development contacts, most local first:

city Springfield Economic Development
The Office of Planning & Economic Development (OPED) works to create a climate in Springfield conducive to growing and attracting businesses, and provides planning support, technical assistance, coordination and advisory services on land use planning, zoning, economic development, open space preservation, smart growth, and historic preservation. It is responsible for small business assistance including financial programs and tax incentives.
state MassDevelopment
MassDevelopment provides financing, real estate, and community development solutions to grow businesses, create opportunity, and energize cities and towns across Massachusetts. It aims to revitalize communities, expand housing, and create jobs.
state Massachusetts Alliance for Economic Development
MassEcon is a private, non-profit partnership of business, industry leaders, and government dedicated to the economic growth of Massachusetts. MassEcon's mission is to promote and champion Massachusetts as the best place to start, grow and locate a business.
State sales taxYes
State income taxYes
Right-to-work stateNo

Similar towns nearby

West Springfield Town, MA 2 mi · pop 28,772 · $322k
Agawam Town, MA 3 mi · pop 28,539 · $312k
Chicopee, MA 3 mi · pop 55,295 · $275k
Longmeadow, MA 4 mi · pop 15,696 · $454k
East Longmeadow, MA 5 mi · pop 16,425 · $377k