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According to statistics, the population in Springfield, TN amounts to 16,692, which shows decline 0% compared to the previous year. The median age of the city’s residents is 37. The average household income is $44,296, shifting decline 1% from the past year, and the average property value in Springfield, TN growth 3% to $133,700 throughout the year.
|Number Of Employees||7,578|
|Median Property Value||$133,700|
The average household income in Springfield, TN grew from $43,862 to $44,296 in the past year. This data is an estimate based upon 6,340 households in Springfield, TN . The chart below presents how household income is distributed in Springfield, TN in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Springfield, TN shifted from $130,400 to $133,700 throughout the year. The subsequent graph indicates the share of properties in the given price range in Springfield, TN in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Springfield, TN properties falls in the '$125,000 to $149,999' range, which is lower than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Springfield, TN compared to median property taxes around the country. The prevalent amount of property taxes in Springfield, TN equals $1150, which is less than the national average.
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