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Springfield city, MA
ZIP 01104 — Economy & Jobs
Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.
Working ClassLow Snow Area
Income, employment, industries, and economic trends
Income & Economy in Springfield city, MA (01104)
Median Income
$47,530
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,026
Wealth inflow
Population
21,745
Unemployment
10.3%
6.6pp above US avg
IRS migration statistics show a net inflow of about 1,026 for ZIP 01104 (Springfield city, MA) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 01104 (2020–Present)
Since 2020, population declined 6.1%, median income fell 1.3% (inflation-adjusted), home values increased 18.3%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $47,530 |
| Unemployment | 10.3% |
| Establishments | 514 |
| Employees | 16,297 |