Springfield, MA — income, home value, property tax, and sales tax.
In ZIP code 01118, near Springfield, households bring in a median of $80,250 a year, while per-capita income sits at $36,749. That earnings level shapes how far each dollar stretches: a home priced at the median $275,100 would draw property taxes near 1.49% of value at the county rate, and purchases carry a combined 6.25% sales tax. Together these costs carve into what a household keeps, so day-to-day spending and long-term saving both compete for the same paycheck.
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