Springfield, MA · Massachusetts
Franklin County
ZIP 01360
70,922 residents60 permits TTM$72,584 median HHI29 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$303,400
ACS 5-Year
Cap rate proxy
4.6%
FMR × 0.65 ÷ Home Value
Rent-to-income
19.3%
HUD FMR ÷ ACS HHI
Net migration
+1.61%
IRS SOI
Permits (TTM)
60
Census BPS
Climate risk
60.7
FEMA NRI (0–100)
ZIP 01360
Median home value
—
Gross yield
—
Cap rate
3.9%
Rent gap
—
Affordability
P/I: 4.9R/I: —
Section 8 detail
SAFMR: —Rent: —Gap: —
ZIP code breakdown29 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate | Rent gap |
|---|---|---|---|---|---|
| 01346 | — | — | — | 4.6% | — |
| 01379 | — | — | — | 4.6% | — |
| 01347 | — | — | — | 4.6% | — |
| 01350 | — | — | — | 4.6% | — |
| 01380 | — | — | — | 4.6% | — |
Ranked by composite score
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Demographics
Owner-occupied
68.7%
Census ACS
Vacancy rate
8.5%
Census ACS
Bachelor's degree +
40.3%
Census ACS
Rent burdened
52.0%
Census ACS (>30% income)
Median age
47.3
Census ACS
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026