Springfield, MA — Demographics & Statistics
ZIP code 01105 serves a portion of Springfield, Massachusetts, within Hampden County. This community is home to approximately 47,615 residents, with a median age of 29.6 years. The median household income of $86,077 sits above the national median of $67,521, while median home values of $438,992 are above the national average of $301,500. The area has a owner-majority housing profile, with 64% owner-occupied and 36% renter-occupied units. Cost of living in this part of Springfield is higher than the national baseline, with an index of 151 (100 = national average). With a college-education rate of 34% and an unemployment rate of 7.4%, 01105 reflects the economic character of Hampden County in Massachusetts.
| Category | Statistic | Value | vs. National Avg |
|---|---|---|---|
| Population | Total Population | 47,615 | — |
| Population | Density (per sq mi) | 13,343 | — |
| Economics | Median Household Income | $86,077 | ↑ 27% vs nat'l avg |
| Economics | Median Home Value | $438,992 | ↑ 46% vs nat'l avg |
| Economics | Cost of Living Index | 151 | ↑ Higher than avg |
| Economics | Unemployment Rate | 7.4% | ↑ 90% vs nat'l avg |
| Economics | Below Poverty Line | 13.9% | ↑ 22% vs nat'l avg |
| Education | College Educated (25+) | 34% | ↓ 3% vs nat'l avg |
| Demographics | Median Age | 29.6 yrs | ↓ 23% vs nat'l avg |
| Housing | Owner-Occupied | 64% | — |
| Housing | Renter-Occupied | 36% | — |
| Housing | Total Housing Units | 21,902 | — |