Zip Code
01108
City
Springfield, MA
Population & Migration
What is the forecasted population for Zip code 01108 Springfield, MA?
- Population census 2020
- 26,397
- Forecasted population 2025
- 25,666
- -2.8% vs. 2020
- Forecasted population 2030
- 25,264
- -4.3% vs. 2020
Zip code 01108 Springfield, MA population is forecasted to decrease -2.8% by 2025 (-7.5 points below the 4.7% national average).
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Housing and Affordability
With a forecasted population of 25,666 people for 2025 zip code 01108 Springfield, MA will generate a good demand for housing, which is expected to have an excess of -474 houses for 2030. Vacancy rate is 0.7 points below national US average.
- Total homes available 2020
- 11,075
- Estimated total home demand in 2030
- 10,600
- Total homes balance inventory
- -474
Average Household Income in zip code 01108 Springfield, MA
from Internal Revenue Service
- Average household income in 2021
- $59,499
Affordability
- Affordability Index
- 4
Affordability indicates the ability of potential homebuyers to afford a home measured in number of years needed to pay a house. Example: Home Price 500,000 / Household Income 100,000 = 5 Years = Index 5
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Climate Resiliency
Drinking water violations
How is the quality of drinking water in Zip code 01108 Springfield, MA?
County total number of drinking water violations
386
+71%
226
County total number of drinking water contaminations
72
+213%
23
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