Springfield, Missouri is a medium-sized city with a population of 165,138 people. The majority of Springfield residents report their race to be White; this is followed by Black and Asian. If you are a young adult or student, you might be pleased to know that the average age of all Springfield residents is 33.
If you’re considering moving to any new city, it could be a very discouraging task. However, it could also be a great experience if you are willing to get to know the town before actually living in Springfield, Missouri. With useful information like amenities, crime, education, housing and other key data points, finding the best places to live in Springfield and in the areas around Springfield is a much easier task.
Using data and statistics Springfield has received a livability score of 65 out of 100. This score is ranked in the 39th percentile when compared to all other cities. If we dig a little deeper into each category within the livability score, we see that Springfield has higher than average rankings for the following: amenities (A+) and cost of living (A-). Springfield does not fare well for the following: crime (F), employment (D-) and housing (D-). It might be a smart idea to take a closer look at each category to find out why.
Based on the proximity of local amenities like grocery stores, restaurants, coffee shops, parks, librairies, etc., Springfield has received a higher than average score for its local amenities. If you’re planning on relocating and making this area your permanent home, it’s nice to know that there is an ample amount of amenities and things to do within walking distance or a short drive. Some of the notable things to do include: Fantastic Caverns, Dickerson Park Zoo, and Bass Pro Shops Outdoor World.
Certain items on your wish list like shopping, restaurants, nightlife and proximity to public transportation are all important factors to search for. Having said that, perhaps the most important metric to consider when contemplating a move to Springfield is real estate affordability. Median real estate prices in Springfield come in at $109,500, which is 22.5% lower than the Missouri average. The home price to income ratio compares the median home prices to the median household income. In Springfield, the home price to income ratio is 3.2, which is 10.3% higher than the Missouri average. Knowing if your home will appreciate on a long term or even a short term basis should be factored into your decision making. An increase in your home’s value can be a good way to generate tax-free equity that can create long term financial security. In the past year, appreciation rates for homes in the Springfield area were 8.6% and 5 year appreciation rates were 4.1%.