Income & Economy in Springfield, CO

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$42,368

-42% vs national

Per Capita Income

$27,203

-27% vs national

Poverty Rate

16.5%

+21% vs national

Gini Index

0.4886

0 = perfect equality

Unemployment

2.8%

-47% vs national

SNAP Recipients

13.9%

of households

How Springfield Compares

Source: Census ACS (2023)

Springfield vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Springfield is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Springfield. The median household income here is $42,368.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
31.5%
$25-50K
27.4%
$50-75K
13.0%
$75-100K
9.9%
$100-150K
13.3%
$150-200K
1.5%
$200K+
3.4%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

2.8%

-42% vs CO avg

Labor Force

613

Employed

596

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

16.5%

of adults 25+

High School Diploma+

35.6%

of adults 25+

Median Age

41.1

Work from Home

3.2%

of workers

The median household income in Springfield, CO is $42,368, which is 42.1% below the national average of $73,224. Per capita income is $27,203. The poverty rate of 16.5% is higher than the CO state average of 11.0%. The Gini index of income inequality is 0.4886, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 2.8%, compared to the state average of 4.8%. 16.5% of adults hold a bachelor's degree or higher.