Surrounding Metropolitan Area
Springfield, Massachusetts is a part of the Springfield, MA metropolitan area, and contains 19 zip codes, including: 01105, 01101, 01109, 01199, 01139, and 01111.
Springfield Demographics & Economic Trends
The 2019 average effective rent for Class A, B, and C apartments in the Springfield, MA metropolitan area was $1,069, which is 9.75% lower than 2014 average rent. This represents a compounded annual growth rate of 1.88%. 2019 vacancy in Springfield, MA was 2.10%.
The total population of the city of Springfield, MA has grown 1.29% since 2010. As of 2018, the population was 155,032. The median household income of the Springfield was $36,730, which is 39.08% lower than the national average.
Submarket Area
Avg Rent
Rent Growth
Vacancy
Median Income
Population (2018)
Population Growth
Vs. Nat’l Avg
Zip Code
Springfield, MA
$1,069
9.75%
2.10%
$36,730
155,032
1.29%
39.08%
01101 01102 01103 01104 01105 01107 01108 01109 01111 01115 01118 01119 01128 01129 01138 01139 01144 01152 01199
Submarket Area Springfield, MA
Avg Rent $1,069
Rent Growth 9.75%
Vacancy 2.10%
Median Income $36,730
Population (2018) 155,032
Population Growth 1.29%
Vs. Nat’l Avg 39.08%
Zip Code 01101 01102 01103 01104 01105 01107 01108 01109 01111 01115 01118 01119 01128 01129 01138 01139 01144 01152 01199