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ZipNumbers

Minnesota · Census place 61816

Springfield city, MN

Quick answer

Springfield city has 2,209 residents, ranking #249 of 914 places in Minnesota. Median household income is $59,412, the median home is worth $117,600 and median gross rent runs $781 a month.

Population
2,209Springfield city residents
Median household income
$59,412Past 12 months, inflation adjusted
Median home value
$117,600Owner-occupied units
Median gross rent
$781Rent plus utilities, monthly
Median age
44.2 yrsAll residents
Homeownership rate
74.8%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 15.8% 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 2.0× the median household income; nationally that ratio sits near 4.5×. Poverty affects 9.4% of residents and 74.8% 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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