Springfield, MN
Population 2,209 · Minnesota
About Springfield, MN
Springfield is a small town located in Minnesota with a population of 2,209 residents according to the latest US Census Bureau American Community Survey data. The median household income is $59,412 per year, which is 21% below the national median of $75,149. The median age of 44.2 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Springfield features a median home value of $117,600, which is 52% below the national median of $244,900. This makes Springfield one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $781, 33% below the national average of $1,163/month. Of the 1,020 total housing units, 75% are owner-occupied (697 units) and 25% are renter-occupied (235 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Springfield shows an unemployment rate of 3.8%, which is near the national rate of 3.7%. The poverty rate stands at 9.4%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Springfield have an average one-way commute time of 21.8 minutes.
Education & Demographics
26.0% of Springfield residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 3.3% White, 1.2% Hispanic or Latino, 0.0% Black or African American, and 0.4% Asian residents, with 3.3% of the population being foreign-born.
Cost of Living in Springfield, MN
Compared to national averages, Springfield has a median household income of $59,412 (21% below the national median of $75,149). Home values average $117,600, which is 52% below the national median. Monthly rent at $781 is 33% below the US average of $1,163. Within Minnesota, Springfield's income is 20% below the state average of $74,221, and home values are 42% below the state median of $204,472.
Why Live in Springfield, MN?
Springfield offers affordable housing with a median home value of $117,600, below the US average of $244,900, and rent that’s lower than the national average at $781/month, and a low poverty rate of 9.4%, better than the national average. Additionally, the city features short commute times averaging just 21.8 minutes.
Potential considerations include median household income ($59,412) that falls below the national average. However, Springfield’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Springfield has a population of 2,209 with a median age of 44.2 years. Compare Springfield with other cities to see how it stacks up, or explore all cities in Minnesota.
Similar Cities Near Springfield
Cities in Minnesota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Aitkin | 2,217 | $45,813 | $172,800 | Compare |
| Pequot Lakes | 2,236 | $66,974 | $246,400 | Compare |
| Olivia | 2,243 | $62,683 | $156,600 | Compare |
| Crosby | 2,253 | $43,250 | $175,600 | Compare |
| Cologne | 2,146 | $117,344 | $356,600 | Compare |
| Arlington | 2,298 | $66,458 | $181,600 | Compare |
| Maple Lake | 2,104 | $75,469 | $221,800 | Compare |
| Wells | 2,317 | $58,663 | $93,200 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Minnesota
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Springfield With Other Cities
Frequently Asked Questions about Springfield
What is the population of Springfield, MN?
The population of Springfield, MN is 2,209 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Minnesota.
What is the median household income in Springfield?
The median household income in Springfield, MN is $59,412 per year, which is 21% below the national median of $75,149.
What is the median home value in Springfield?
The median home value in Springfield, MN is $117,600, which is 52% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Springfield?
The median monthly rent in Springfield, MN is $781, which is 33% below the national average of $1,163/month.
What is the unemployment rate in Springfield?
The unemployment rate in Springfield, MN is 3.8%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Springfield, MN a good place to live?
Springfield offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 2,209 and a median age of 44.2, the city appeals to a broad range of residents.
How educated is Springfield, MN?
26.0% of residents in Springfield aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Springfield?
Key cost-of-living indicators for Springfield, MN: median home value is $117,600 (52% below national), median rent is $781/month, and median household income is $59,412. The home-value-to-income ratio is 2.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Springfield?
The poverty rate in Springfield, MN is 9.4%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Springfield, MN?
Springfield's population is 3.3% White, 1.2% Hispanic or Latino, 0.0% Black or African American, 0.4% Asian, and 4.3% two or more races. 3.3% of residents are foreign-born.