According to statistics, the population in Springfield, VT amounts to 3,864, which shows growth 4% compared to the previous year. The median age of the city’s residents is 41. The average household income is $35,463, shifting growth 7% from the past year, and the average property value in Springfield, VT decline 0% to $131,300 throughout the year.
|Number Of Employees||1,701|
|Median Property Value||$131,300|
The average household income in Springfield, VT grew from $33,254 to $35,463 in the past year. This data is an estimate based upon 1,665 households in Springfield, VT . The chart below presents how household income is distributed in Springfield, VT in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Springfield, VT shifted from $131,600 to $131,300 throughout the year. The subsequent graph indicates the share of properties in the given price range in Springfield, VT in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Springfield, VT 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, VT compared to median property taxes around the country. The prevalent amount of property taxes in Springfield, VT equals $3000, which is less than the national average.
|Apartment Size||Aug||vs Last Month|
|Studio for sale||$227,000||N/A|
|2 bed for sale||$123,250||N/A|
|3 bed for sale||$391,100||+31.4%|
|4+ bed for sale||$303,036||-50.2%|
During Aug 2022, the average price for an apartment in/near Springfield, VT decreased by 36.3% to $296,368.
Asking price for 2-bed apartment remains the same, a place of this size will still cost you $123,250. A 3-bed apartment goes for $391,100, it increased by 31.4% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 50.2% and made it down to $303,036.
|Listing Type||Aug||vs Last Month|
|Houses for sale||$321,700||-33.5%|
|Apartments for sale||$239,000||N/A|
|Land for sale||$164,500||N/A|
|Townhouses for sale||$162,250||N/A|
While assessing the property pricing Springfield, VT, you can note that it remains flat with a price tag of $239,000. Price reports demonstrate that house price decreased by 33.5% this month making it up to $321,700. Value of the townhouses didn’t change, the price still starts at $162,250.