Apartments for rent in Springfield, VT
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Living In Springfield, VT
Springfield, a small town in Vermont, has a population of approximately 4,000. It's a nice place to settle down, as retirees make up a greater percentage of the population (20%) here than they do nationally (14%), while young adults appear in smaller numbers. Renters tend to be in the minority in the town, and 56% of residents own their homes. Renters in the town benefit from a relatively low average rent of $822 per month, which is $169 per month less than the state average.
There are plenty of industries from which to choose in Springfield, the most common four of which are healthcare, manufacturing, retail, and entertainment. Together, these industries account for 27% of the labor force in the town. Meanwhile, looking at job function, many workers in these industries are in sales, making it the top career path in the town. With an average annual income of just over $52K, Springfield workers earn about $12,000 less than their peers elsewhere in the state. Springfield's average income also falls below the national average ($73,345). Compared to the national average (5%), Springfield has a relatively large concentration of residents older than 25 who have an Associate's degree (7%). Furthermore, 7% possess a Bachelor's degree and 5% have earned a Master's or Doctoral degree.
With an average commute time of about 22 minutes, faster than most cities in Vermont, Springfield residents have found that getting to work isn't overly time-consuming. Many residents (34%) drive to work, while public transit isn't used. Walking (4%) isn't a common way to get to work, though the number surpasses the national average.
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