Cost Of Living
Everyday cost of living expenses like goods and services, housing, groceries, transportation, health care and utilities are far below the national average.
Crime
This area boasts a crime rate that is far below the national average, making it a very safe place to live. These crime statistics encompass both property and violent offenses.
Housing
Impressive scores in the housing category characterize this area, potentially attributed to the availability of affordable housing, strong appreciation rates and high home values.
Amenities
The majority of amenities will be difficult to reach within a short walk, often requiring residents to use a vehicle or public transportation for access.
Commute
Low commute scores could be due to limited access to public transit in this area, as well as longer-than-average work commute times for residents.
Employment
This area earns a low score in the employment category due to low household income levels and high unemployment rates, which may pose challenges in seeking job opportunities.
Health & Safety
Subpar air quality and the limited availability of certain health-related facilities such as hospitals, police stations, doctors and pharmacies may have contributed to the low score in this category.
Springfield, Kentucky is a small-sized city with a population of 2,965 people. At 77%, the majority of the Springfield population is White; this is followed by 20% Black and 1% Asian. Springfield tends to attract a younger crowd, as the median age of 32 is far below the national average. Springfield is not known to have a high population (over 15 years old) of married people. At only 45% married, this city falls well below the national average. Not a fan of sitting in traffic during your commute to work? Springfield offers shorter work commutes, with an average one-way commute time taking only 19 minutes, far lower than the national average of 26 minutes.
Are you trying to decide if living in Springfield is the right fit for your lifestyle? To ensure a fulfilling experience before relocating to any new city in Kentucky, you will probably want to make sure that you check all of the most important boxes. Several key factors deserve attention. For one, safety is paramount, ensuring that your new area is low in crime is key. Proximity to workplaces or schools minimizes commute times and fosters convenience. Access to essential amenities like parks, grocery stores, food, fitness, shops and healthcare facilities enhances daily life. Efficient public transportation options provide mobility and connectivity. The sense of community creates a welcoming and supportive environment. Lastly, the overall atmosphere, encompassing the vibe, aesthetics, and lifestyle offerings, contributes to a fulfilling living experience. Considering these elements helps identify the ideal neighborhood for your needs and preferences. To help you find the best places to live in and around Springfield, AreaVibes has created a livability score using key metrics like crime, health & safety, education, employment and more.
Springfield, KY receives 64/100 for its livability score; this results in a ranking of #254 in Kentucky and #12,412 in the USA. If we dig down a little deeper into each category within the livability score, we see that Springfield has higher than average rankings for the following: crime (A+), cost of living (A+) and housing (A-). On a less positive note, Springfield does not have favorable ranks for the following: amenities (F) and employment (F). If we take a look at the data, we can find out why.
Crime rates play a pivotal role in the decision-making process for anyone considering a move, as they directly influence the overall sense of safety, security and quality of life in a given location. Springfield shines in this regard, earning exemplary ratings for its exceptionally low violent crime rates, standing at 175 crimes per 100,000 residents. These rates are notably below the national average, underscoring the community's commitment to safety and contributing to an enhanced quality of life.
The unemployment rate in Springfield has consistently declined over the years and currently stands well below the national average at 2.66%. This downward trend holds the potential to reduce poverty and inequality within the region, promote higher wage levels and stimulate greater economic growth. Such positive indicators signal the overall robust health of the local economy, offering a promising outlook for its residents and fostering an environment of financial well-being and prosperity.
For home buyers, real estate will be the largest purchase they will ever make and it will also be their most valuable asset. For renters, the monthly rent paid on their Springfield apartments will most likely be their largest expense. Based on tangible metrics like home and rental affordability and appreciation rates, housing in this area has received a score that is well above the average of every other US city. A thriving real estate market can also generate strong local economic activity and job creation.
Springfield real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Springfield. The median home price for Springfield homes is $119,300, which is 5.4% lower than the Kentucky average. If we take a closer look at the affordability of homes in Springfield, we’ll see that the home price to income ratio is 2.9, which is 3.6% higher than the Kentucky average.
| Statistic | Springfield | Kentucky | National |
| Average one way commute | 19min | 23min | 26min |
| Workers who drive to work | 82.2% | 82.2% | 76.4% |
| Workers who carpool | 8.3% | 9.7% | 9.3% |
| Workers who take public transit | 0.0% | 1.1% | 5.1% |
| Workers who bicycle | 0.0% | 0.2% | 0.6% |
| Workers who walk | 1.3% | 2.4% | 2.8% |
| Working from home | 2.8% | 3.3% | 4.6% |
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