Springfield is a city in Virginia state in USA with a population of 32960 residents.. The poverty rate of Springfield is 7.4%, which is 47% lower than national average. The typical household in Springfield earns $103438 a year, compared to the national median of $67,500. Nearly 25.7% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Springfield, only 84% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Springfield remained 4.8%, which is 2% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Springfield, only 43% of adults have a bachelor's degree and 23% have some college but no degree.

Cost of living in Springfield is 141, which is 41% higher than national average. Median home value in Springfield is $475900 , which is 107% higher than national average. While median income in Springfield remained $103438, which is 53% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.