Springfield Average Income, Population and Demographics

Are you tired of spending 10+ hours searching for demographic and population data for Springfield, Vermont? We have all of the data you need by state, county, city, and zip code that will save you many hours of research!

In this article, we'll explore most of the 190+ data points we have for Springfield, covering popular demographics statistics like household income, race, age and gender, educational attainment, poverty, housing, and transportation.

The data on this page is from the 2022 American Community Survey (ACS) 5-Year survey from the US Census Bureau.

Median Household Income

According to the latest ACS 5-year survey in 2022, the median household income in Springfield is $131,458.00.

The chart below shows the average household income by age in Springfield.

  • Under 25
    $0.00
  • 25 to 44
    $130,714.00
  • 45 to 64
    $130,500.00
  • 65 and over
    $145,446.00

Average Household Income

A very commonly asked question is "what is the average household income in Springfield, Vermont?". The official term for the average household income is the mean household income. The mean household income is the total income of all households divided by the number of households.

The average (or mean) household income in Springfield is $153,216.00.

22.65% of households in Springfield, Vermont are classed as high income households (making $200,000+ per year).

The difference between a median and an average income

The difference between a median and mean household income is that the median income is the middle point of the set of numbers whereas the mean income is an average of all numbers.

Both metrics are important when looking at the income statistics for Springfield but because the median value doesn't depend on other numbers in the dataset, it doesn't change as much when some of the values are extremely low or extremely high.

Household Income Tiers for Springfield

We can also look at the household income tiers. This lets you see how many households fall into each of the earnings brackets and what percentage that bracket is of the total number of households.

The chart below shows the household income brackets to see which age groups have the highest median income. The actual data is more granular than these brackets, but we've simplified them into bigger categories to make reviewing the data for Springfield, Vermont easier to view.

You can purchase the raw data above, which will have the full income tiers with smaller jumps in household income.

  • Less than $24,999
    4.03%
  • $25,000 to $49,999
    9.90%
  • $50,000 to $74,999
    11.74%
  • $75,000 to $99,999
    13.26%
  • $100,000 to $149,999
    18.79%
  • $150,000 to $199,999
    19.63%
  • $200,000 or more
    22.65%

Per Capita Income

The per capita income is the average income of all people in Springfield, Vermont. This is calculated by dividing the total income of all people in Springfield by the total number of people in Springfield.

It differs from the average or mean household income because it includes all people in Springfield and not just the people who earn an income (i.e. children, retirees, unemployed, etc.).

The per capita income in Springfield, Vermont is $59,920.00.

Population in Springfield by Race and Ethnicity

The total population in Springfield is currently 1,584 people.

The race and ethnicity of the population in Springfield can be very important for social research, economics, and marketing to a multi-culturial society.

Whether you want to target products or services to a particular race or ethnicity, or provide housing and new businesses to improve areas with a larger ethnic minority population, this data is very valuable for discovering suitable areas.

The chart below breaks down the population and percentage for each race and ethnicity in Springfield, Vermont.

  • 1.70% White
    27
  • 96.70% Black/African American
    1,531
  • 91.20% Native
    1,445
  • 3.00% Hispanic
    47
  • 2.70% Asian
    42
  • 0.00% Hawaiian/Pacific Islander
    0
  • 0.00% Two or more races
    0
  • 0.00% Other
    0

Population of Springfield by Age and Gender

Another very important demographics statistic for Springfield, Vermont is the age and gender of the population. The age and gender of the population can be used to track trends in population growth or decline, and for businesses, the data can be used to identify people important to you and your business need.

In the table below, we show age groups at a 10 year granularity for ease of use. The raw data, which can be purchased above, includes age and gender at a 5 year granularity.

Age Group Male Female
0 to 9 Years 73 74
10 to 19 Years 105 68
20 to 29 Years 58 86
30 to 39 Years 81 76
40 to 49 Years 100 79
50 to 59 Years 100 129
60 to 69 Years 159 155
70 Years and over 137 104

Education Levels

Educational attainment is a very useful statistic that can give insights into other data such as the average household income, unemployment levels, and literacy.

What this means is that it is likely for areas that have higher levels of education to have higher average household incomes, lower unemployment rates, and higher literacy rates.

The chart below shows the educational attainment of the population in Springfield, Vermont.

  • Master's degree or higher
    26.00%
  • Bachelor's degree
    38.46%
  • Some college or associate's degree
    5.74%
  • High school diploma or equivalent
    28.93%
  • Less than high school diploma
    0.87%

Unemployment Rates

The unemployment rate is the percentage of the population that is actively looking for work but is unable to find a job. The unemployment rate is a very important statistic for Springfield because it can show how many people are actively looking for work and how many people are unable to find a job.

Lower levels of unemployment is generally seen as a positive sign for the economy. It also makes the government in Springfield look good because it shows that they are doing a good job of creating jobs, working to capacity, being efficient, and keeping the economy strong.

The unemployment rate is calculated using the total population in Springfield, Vermont that are over the age of 16.

The current population in Springfield that are over the age of 16 is 1,356 people.

The unemployment rate in Springfield is 5.90%, which means 54 people are unemployed.

Median Age in Springfield

The median age is an interesting metric because it gives us an idea of the age distribution of people in Springfield, Vermont. You know when you see a median age that it is the age where half of the population is older and half is younger than it.

For demographic studies, this can be used to infer and compare date to things such as birth rates, the age of parents, and so on.

An increasing median age can be a sign of an aging population, which can be a sign of a declining population. This is because older people tend to have fewer children and die more often than younger people.

The median age in Springfield is 48.7 years old.

We can also look at the median age by gender to compare the see how each group compares to the total median age:

Median age by gender in Springfield

48.7

Total

48.3

Male

50.8

Female

Households and Families

There are a total of 596 households in Springfield, and the average household size is 2.66 people.

For families, the total number is 434, and the average family size is 3.11 people.

0.70% of those families in Springfield, Vermont are living below the poverty line.

The table below shows the poverty thresholds for Springfield in .

Household Size Poverty Threshold
1 Person $14,580.00
2 People $19,720.00
3 People $24,860.00
4 People $30,000.00
5 People $35,140.00
6 People $40,280.00
7 People $45,420.00
8 People $50,560.00

Please note that the poverty thresholds shown above are from , while the latest demographics data we have is from 2022.

Households and Families by Marital Status

There are four types of household and family, as defined by the Census Bureau:

  • Married-couple
  • Male householder, no spouse present
  • Female householder, no spouse present
  • Nonfamily household

In the table below, you can see the total households and families in Springfield, Vermont for each type, as well as the average sizes.

Married Male Female Nonfamily
Total Households 379 4 51 162
Average Household Size 3.05 2.25 3.88 1.37
Total Families 379 4 51 0
Average Household Size 3.04 2.25 3.67 0

Housing Data in Springfield

There are total of 1,015 housing units in Springfield, Vermont. Of those units, 596 (58.72%) are occupied, and 419 (41.28%) are vacant.

Rental Rates

Of the 1,015 housing units in Springfield, 62 (6.11%) are occupied by renters. The median rent paid by renters is $1,383.00.

Owner occupied housing units make up the remaining 52.12% of housing units, with 529 housing units in total.

The table below breaks down how much rent is paid by renters in Springfield, Vermont.

  • No rent paid
    5
  • Less than $500
    0
  • $500 to $999
    7
  • $1,000 to $1,499
    31
  • $1,500 to $1,999
    21
  • $2,000 to $2,499
    3
  • $2,500 to $2,999
    0
  • $3,000 or more
    0

Property Values

The median value of a property in Springfield is $494,400.00.

The table below breaks down the range of valuations for all properties in Springfield.

  • Less than $50,000
    5
  • $50,000 to $99,999
    5
  • $100,000 to $149,999
    10
  • $150,000 to $199,999
    14
  • $200,000 to $299,999
    39
  • $300,000 to $499,999
    196
  • $500,000 to $999,999
    218
  • $1,000,000 or more
    42

Property Age

We can also look at the number of properties built in a given year to see the spread of property age in Springfield, Vermont.

  • 1939 or earlier
    176
  • 1940 to 1949
    18
  • 1950 to 1959
    62
  • 1960 to 1969
    89
  • 1970 to 1979
    143
  • 1980 to 1989
    179
  • 1990 to 1999
    135
  • 2000 to 2009
    111
  • 2010 to 2013
    102
  • 2014 or later
    0

Vehicles Available per Household

Finally, we have data on how many vehicles each household in Springfield has. The table below breaks down the number of vehicles available per household.

  • No vehicles available
    16
  • 1 vehicle available
    120
  • 2 vehicles available
    259
  • 3 or more vehicles available
    201

Commuting to Work in Springfield

The time and means of commuting to work are useful metrics to look at because they can be correlated against other data such as income and education level.

Does a longer commuting time indicate a higher average income? If so, has the huge increase in home working during the pandemic changed this?

Using these metrics, we can get a better understanding of the demographics of Springfield, Vermont, how they commute, and how that correlates to other data points.

The average travel time is 23 minutes, and the chart below covers the range of travel times across the population of Springfield.

  • Less than 5 minutes
    41
  • 5 to 9 minutes
    96
  • 10 to 14 minutes
    28
  • 15 to 19 minutes
    45
  • 20 to 24 minutes
    82
  • 25 to 29 minutes
    72
  • 30 to 34 minutes
    138
  • 35 to 39 minutes
    43
  • 40 to 44 minutes
    58
  • 45 to 59 minutes
    21
  • 60 to 89 minutes
    8
  • 90 or more minutes
    0

We can also look at the means of transport in Springfield to see which modes of transport people are using to commute to work.

  • Drove alone
    568
  • Carpooled
    32
  • Public transportation
    0
  • Walked
    32
  • Other means
    0
  • Worked from home
    196

Conclusion

Hopefully this article has given you the demographics data you were looking for in Springfield, Vermont.

If you need more demographics data, or you need the data listed above in spreadsheet form with more granular grouping, head back to the top of this page where you can purchase the complete demographics data for Springfield.

Link To or Reference This Page

We spent a lot of time downloading, cleaning, merging, and formatting the data that is shown on the site.

If you found the data or information on this page useful in your research, please use the tool below to properly cite or reference Name Census as the source. We appreciate your support!

  • "Springfield Average Income, Population and Demographics". NameCensus.com. Accessed on March 28, 2024. https://namecensus.com/demographics/michigan/oakland-county/springfield/.

  • "Springfield Average Income, Population and Demographics". NameCensus.com, https://namecensus.com/demographics/michigan/oakland-county/springfield/. Accessed 28 March, 2024

  • Springfield Average Income, Population and Demographics. NameCensus.com. Retrieved from https://namecensus.com/demographics/michigan/oakland-county/springfield/.