Springfield
Springfield city, Kentucky
If you're seeking a genuinely affordable slice of Americana, then Springfield, Kentucky, deserves your attention. Nestled in the heart of the Bluegrass State, this charming town offers a lifestyle that's a world away from the hustle and bustle, with a population of just under 3,000 residents. The real draw? The remarkable affordability. Here, you can find a home for a median value of just $157,200 – a stark contrast to the national median. This translates to a lifestyle where your hard-earned dollars stretch further, allowing you to enjoy the simple pleasures of life without the crushing burden of high housing costs.
From an investment perspective, Springfield presents a compelling case. While the median household income of $48,333 is lower than the national average, the cost of living is significantly lower, and the housing market offers remarkable value. The town's small size contributes to a strong sense of community and safety, making it an ideal location for families and those seeking a peaceful retirement. If you are looking for a place where your money goes further, and a close-knit community atmosphere is a priority, Springfield, Kentucky, should be at the top of your list.
Springfield, Kentucky at a Glance
Springfield is a city in Springfield city, Kentucky with a population of approximately 2,846. The median home value is $157,200 and the median household income is $48,333.. The violent crime rate is 1.5 per 1,000 residents, which is 58% below the national average.. Median rent is $741 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$157,200
Median Income
$48,333
Population
2,846
Walk Score
N/A
Air Quality
N/A
Climate Risk
N/A
Excellent
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- Population
- 2,846
- Median Age
- N/A
- Median Household Income
- $48,333
35% below nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 18.7%
51% above nat'l avg
- Median Home Value
- $157,200
44% below nat'l avg
- Median Rent
- $741
36% below nat'l avg
- Homeownership Rate
- 59.1%
10% below nat'l avg
- Affordability Index
- N/A
- Violent Crime Rate
- 1.5 per 1K
58% below nat'l avg
- Property Crime Rate
- 8.1 per 1K
57% below nat'l avg
- AQI
- N/A
- Category
- N/A
- Overall Risk
- N/A
- Risk Score
- N/A
- Overall
- N/A
- Road Traffic
- N/A
- Aviation
- N/A
- Rail
- N/A
- Electricity Rate
- N/A
- Est. Monthly Electric
- N/A
- Unemployment Rate
- 0.5%
86% below nat'l avg
- Poverty Rate
- 18.7%
51% above nat'l avg
Political Landscape
→ Politically stable
Based on Garrard County county-level presidential election data
Culture & Things to Do in Springfield
Washington County Fair
Annual county fair featuring agricultural exhibits, rides, and entertainment.
Springfield Christmas Parade
A festive parade held annually to celebrate the holiday season.
Lincoln Days Celebration
A celebration of Abraham Lincoln's connection to the area.
Pioneer Days
A festival celebrating the history of Springfield and Washington County.
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