Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 42.4 yrs |
|---|---|
| Avg HH Size | 2.56 |
| Below Poverty | 5.5% ▼ 45% below avg |
| College Grads | 70.0% ▲ 81% above avg |
| Unemployment | 4.7% ≈ Avg |
| No HS Diploma | 126 (1.1%) |
| HS Graduate | 1,484 (13.2%) |
| Some College | 604 (5.4%) |
| Associates | 1,145 (10.2%) |
| Bachelors | 488 (4.4%) |
| Graduate Degree | 7,365 (65.7%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $146,059 ▲ 91% above avg |
|---|---|
| Median Home Value | $590,600 ▲ 112% above avg |
| Home/Income Ratio | 4.0x (nat avg ~3.5x) |
| Median Rent | $2,135/mo |
| Total Housing Units | 6,844 |
| Vacant Units | 229 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Springfield is a city in New Jersey, located in Union County. The city spans 1 ZIP code and is home to approximately 16,984 residents. It is a middle-aged city, with a median age of 42.4 years.
Economically, Springfield is a upper-middle-income community. The median household income of $146,059 is significantly above the national average. Approximately 5.5% of residents live below the poverty line. The unemployment rate is 4.7%, near the national average.
The real estate market in Springfield is a premium housing market. Median home values stand at $590,600, which is more than double the national average. Renters typically pay around $2,135 per month. Homeownership is high at 62.3%, typical of suburban and family-oriented communities.
The population of Springfield is highly educated. 70.0% of adults hold a bachelor's degree or higher — significantly above the national average. The community is majority White (57.4%).
Springfield, NJ offers residents above-average earning potential within New Jersey.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 07081 | 16,984 | $146,059 | $590,600 | $2,135 | 4.7% | 70.0% | 62.3% |