Springfield, MA · Massachusetts

Hampshire County

ZIP 01002

156,595 residents364 permits TTM$86,391 median HHI26 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$363,400

ACS 5-Year

Cap rate proxy

4.4%

FMR × 0.65 ÷ Home Value

Rent-to-income

18.5%

HUD FMR ÷ ACS HHI

Net migration

+1.84%

IRS SOI

Permits (TTM)

364

Census BPS

Climate risk

69.9

FEMA NRI (0–100)

ZIP 01002

Median home value

Gross yield

Buy Box score

0.6

Section 8 gap

Affordability

P/I: 6.0R/I: 41.2%

Section 8 detail

SAFMR: Rent: Gap:
ZIP code breakdown26 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldBuy Box scoreSection 8 gap
010500.8
010820.8
010260.8
010750.8
010330.7
010980.7
010960.7
010270.7
010020.6
010390.6
010530.6
010070.6
010380.5
010620.5
010730.5
010350.5
010600.5
01003
01012
01032
01063
01066
01070
01084
01088
01243

Sort by any column. Click a ZIP for detail.

Demographics

Owner-occupied

68.8%

Census ACS

Vacancy rate

7.1%

Census ACS

Bachelor's degree +

51.1%

Census ACS

Rent burdened

49.5%

Census ACS (>30% income)

Median age

38.7

Census ACS

Data sources
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