MyNeighborhood

Can you afford to live in SPRINGFIELD?

Median household income, home values and rent in SPRINGFIELD, MO — how they've changed since 2015 and how much of a typical paycheck housing takes compared with the rest of the country.

U.S. Census Bureau, American Community Survey 5-year estimates.

This story was assembled using AI and public data sources.

What it costs to live in SPRINGFIELD.

Median household income: $45,984 — +37.0% since 2015 (not adjusted for inflation)

Median gross rent: $920/mo — +36.1% since 2015

Median home value, 2015 to 2023

  • 2015: 107600
  • 2023: 165200

Median household income

  • SPRINGFIELD: 45984
  • Greene County: 57488
  • MO: 68920
  • U.S.: 78538

Median gross rent

  • SPRINGFIELD: 920
  • Greene County: 940
  • MO: 996
  • U.S.: 1348

Share of income a typical renter spends on rent: 30.5% — U.S.: 30.2%

What it means

The typical household here earns $45,984 — far lower than the national figure of $78,538.

The typical renter here spends 30.5% of household income on rent, above the 30% level housing agencies use to define cost burden.

Since 2015, income has kept pace with rent here (+37.0% versus +36.1%), before adjusting for inflation.

Sources

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