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Springfield city, MA
ZIP 01107 — Economy & Jobs
Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.
Low Income AreaLow Snow AreaRemote Work Hub
Income, employment, industries, and economic trends
Income & Economy in Springfield city, MA (01107)
Median Income
$31,969
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+579
Wealth inflow
Population
12,270
Unemployment
13.4%
9.7pp above US avg
IRS migration statistics show a net inflow of about 579 for ZIP 01107 (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 01107 (2020–Present)
Since 2020, population grew 4.9%, median income fell 10.8% (inflation-adjusted), home values increased 11.0%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $31,969 |
| Unemployment | 13.4% |
| Establishments | 127 |
| Employees | 2,700 |