Cost of Living in Springfield, OR
Population: 61,642 • 2026 Data
$67,211
Median Household Income
-13% vs national
$1,201
Median Monthly Rent
-11% vs national
$323,800
Median Home Value
-4% vs national
5.4%
Unemployment Rate
Housing in Springfield
The median home value in Springfield, OR is $323,800. Monthly rent for a typical unit averages $1,201, while total monthly housing costs (including utilities and insurance) average $1,256.
Rent-to-income ratio: 21.4%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Springfield, OR is $67,211. The unemployment rate stands at 5.4%, with a labor force of 32,909 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.