HomeMassachusettsHampden CountySpringfield
Springfield, Massachusetts: commercial real estate data.
Springfield is a Census city of 154,749 people across 31.87 square miles of land, in Hampden County. Median household income is $52,656, 49.6 percent of occupied homes are owned, and the SBA record carries 113 7(a) approvals to borrowers here worth $32.6 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Springfield
What Springfield is
- Census place typecity
- Land area31.87 sq mi
- Water area1.21 sq mi
- Population per square mile of land4,856
- County holding the largest share of its areaHampden County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Springfield
How many people live in Springfield
- Population154,749
- Median age33.7
- Population under 1837,477
- Share under 1824.2 percent
- Population 65 and over20,464
- Share 65 and over13.2 percent
- Households57,772
- Family households35,100
- Share of households that are families60.8 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Springfield
Income and work in Springfield
- Median household income$52,656
- Per capita income$27,337
- Civilian labor force69,390
- Employed63,376
- Unemployed6,014
- Unemployment rate8.7 percent
- Adults 25 and over98,223
- Adults 25 and over with a high school diploma or higher79.8 percent
- Adults 25 and over with a bachelor degree or higher20.5 percent
- Adults 25 and over with a graduate degree8.7 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Springfield
Housing in Springfield
- Housing units62,217
- Occupied units57,772
- Vacant units4,445
- Vacancy rate7.1 percent
- Owner occupied28,679
- Renter occupied29,093
- Ownership rate49.6 percent
- Median owner-occupied home value$245,000
- Median gross rent, monthly$1,144
- Annual rent as a share of median income26.1 percent
- Single family units31,160
- Share single family50.1 percent
- Units in buildings of two or more30,224
- Share in buildings of two or more48.6 percent
- Mobile homes806 plus or minus 250
- Median year structure built1952
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Springfield
How Springfield gets to work
- Workers 16 and over who commute57,205
- Commuting under 15 minutes18,893
- Share commuting under 15 minutes33.0 percent
- Commuting 30 minutes or more13,020
- Share commuting 30 minutes or more22.8 percent
- Drove alone72.0 percent
- Carpooled11.0 percent
- Public transport2.6 percent
- Walked3.6 percent plus or minus 0.8
- Worked from home8.4 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Springfield
SBA loans in Springfield (7(a))
- Approvals113
- Gross approval$32,579,000
- Average approval$288,310
- Median approval$100,000
- Ninetieth percentile approval$548,000
- Largest approval$2,307,900
- Jobs supported1,409
- Jobs per approval12.5
- Loans with a final outcome17
- Paid in full13
- Charged off4
- Median term120 months
- Share on real estate terms of 20 years or more8.8 percent
- Share to franchises8.8 percent
- Distinct lenders28
- Distinct industries by NAICS63
Counted by borrower city: approvals to borrowers whose address is in Springfield, in any county, FY2020 to FY2026. Only 17 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Springfield
SBA loans in Springfield (504)
- Approvals31
- Gross approval$18,135,000
- Average approval$585,000
- Median approval$323,000
- Largest approval$2,498,000
- Jobs supported215
- Loans with a final outcome14
- Charged off2
- Median term240 months
- Distinct CDCs3
Counted by borrower city: approvals to borrowers whose address is in Springfield, in any county, FY2010 to FY2026. Only 14 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Springfield
Flood risk in Springfield
- NFIP communityCity of Springfield
- NFIP community number250150
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date07/16/13
The City of Springfield participates in the National Flood Insurance Program as community 250150 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Hampden County, not Springfield
Hampden County context, not Springfield figures
- Establishments in Hampden County9,339
- Covered employment, Hampden County202,129
- Average annual pay, Hampden County$62,834
- Housing units permitted, Hampden County443
Every figure in this section is published for Hampden County as a whole and is not a measurement of Springfield.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Springfield questions, answered from the record.
How many people live in Springfield, Massachusetts?
154,749, in 57,772 households. Springfield city covers 31.87 square miles of land, which is 4,856 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Springfield in?
Hampden County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Springfield?
$52,656. The median owner-occupied home is valued at $245,000. Median gross rent is $1,144 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Springfield businesses?
113 7(a) approvals totaling $32.6 m since FY2020, across 28 lenders, median approval $100,000, plus 31 504 approvals worth $18.1 m since FY2010. These count approvals to borrowers whose address is in Springfield, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Springfield borrowers get paid back?
No rate is published for Springfield. Only 17 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Springfield in the National Flood Insurance Program?
Yes. Springfield appears in the FEMA Community Status Book as Springfield, city of, community 250150, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Springfield figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Hampden County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Springfield.
Is zoning published for Springfield?
No. Nothing on this page presents parcel level zoning.