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ZipNumbers

Kentucky · Census place 72660

Springfield city, KY

Quick answer

Springfield city has 2,871 residents, ranking #127 of 554 places in Kentucky. Median household income is $40,890, the median home is worth $154,800 and median gross rent runs $752 a month.

Population
2,871Springfield city residents
Median household income
$40,890Past 12 months, inflation adjusted
Median home value
$154,800Owner-occupied units
Median gross rent
$752Rent plus utilities, monthly
Median age
38.9 yrsAll residents
Homeownership rate
55.9%Owner-occupied households

What the numbers mean in Springfield city

Housing cost measured against local earnings.

A household earning the Springfield city median would spend about 22.1% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 3.8× the median household income; nationally that ratio sits near 4.5×. Poverty affects 15.8% of residents and 55.9% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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