Springfield, VT
Population 3,882 · Vermont
About Springfield, VT
Springfield is a small town located in Vermont with a population of 3,882 residents according to the latest US Census Bureau American Community Survey data. The median household income is $44,375 per year, which is 41% below the national median of $75,149. The median age of 42.5 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 $138,400, which is 43% 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 $726, 38% below the national average of $1,163/month. Of the 2,102 total housing units, 50% are owner-occupied (895 units) and 50% are renter-occupied (887 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Springfield shows an unemployment rate of 3.6%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 19.4%, above the national average of 12.4%. Workers in Springfield have an average one-way commute time of 24.9 minutes.
Education & Demographics
22.4% of Springfield residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 2.1% Hispanic or Latino, 0.8% Black or African American, and 1.4% Asian residents, with 0.9% of the population being foreign-born.
How Springfield Ranks in Vermont
Cost of Living in Springfield, VT
Compared to national averages, Springfield has a median household income of $44,375 (41% below the national median of $75,149). Home values average $138,400, which is 43% below the national median. Monthly rent at $726 is 38% below the US average of $1,163. Within Vermont, Springfield's income is 39% below the state average of $72,974, and home values are 46% below the state median of $255,863.
Why Live in Springfield, VT?
Springfield offers affordable housing with a median home value of $138,400, below the US average of $244,900, and rent that’s lower than the national average at $726/month, and a strong job market with an unemployment rate of just 3.6%. Additionally, the city features short commute times averaging just 24.9 minutes.
Potential considerations include median household income ($44,375) 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 3,882 with a median age of 42.5 years. Compare Springfield with other cities to see how it stacks up, or explore all cities in Vermont.
Similar Cities Near Springfield
Cities in Vermont with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Northfield | 4,165 | $50,417 | $233,700 | Compare |
| Milton | 3,510 | $82,750 | $309,000 | Compare |
| Wilder | 3,394 | $69,063 | $241,000 | Compare |
| Newport | 4,413 | $48,194 | $179,000 | Compare |
| White River Junction | 2,878 | $73,546 | $250,700 | Compare |
| Bellows Falls | 2,851 | $54,836 | $176,000 | Compare |
| Swanton | 2,732 | $71,307 | $210,000 | Compare |
| West Brattleboro | 2,614 | $39,555 | $249,200 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Vermont
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, VT?
The population of Springfield, VT is 3,882 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Vermont.
What is the median household income in Springfield?
The median household income in Springfield, VT is $44,375 per year, which is 41% below the national median of $75,149.
What is the median home value in Springfield?
The median home value in Springfield, VT is $138,400, which is 43% 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, VT is $726, which is 38% below the national average of $1,163/month.
What is the unemployment rate in Springfield?
The unemployment rate in Springfield, VT is 3.6%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Springfield, VT a good place to live?
Springfield offers a moderate cost of living, affordable housing, and a strong job market. With a population of 3,882 and a median age of 42.5, the city appeals to a broad range of residents.
How educated is Springfield, VT?
22.4% 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, VT: median home value is $138,400 (43% below national), median rent is $726/month, and median household income is $44,375. The home-value-to-income ratio is 3.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Springfield?
The poverty rate in Springfield, VT is 19.4%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Springfield, VT?
Springfield's population is 0.0% White, 2.1% Hispanic or Latino, 0.8% Black or African American, 1.4% Asian, and 0.6% two or more races. 0.9% of residents are foreign-born.