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ZipNumbers

Tennessee · Census place 70500

Springfield city, TN

Quick answer

Springfield city has 18,985 residents, ranking #33 of 504 places in Tennessee. Median household income is $58,741, the median home is worth $235,200 and median gross rent runs $1,107 a month.

Population
18,985Springfield city residents
Median household income
$58,741Past 12 months, inflation adjusted
Median home value
$235,200Owner-occupied units
Median gross rent
$1,107Rent plus utilities, monthly
Median age
34.9 yrsAll residents
Homeownership rate
56.4%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 22.6% 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 4.0× the median household income; nationally that ratio sits near 4.5×. Poverty affects 20.8% of residents and 56.4% 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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