Lynnfield vs Springfield
| Lynnfield | Springfield | |
|---|---|---|
| Population | 12,925 | 155,305 |
| Median Household Income | $175,265 | $52,656 |
| Median Home Value | $917,600 | $245,000 |
| Median Gross Rent | $2,676/mo | $1,144/mo |
| Homeownership Rate | 87.3% | 49.6% |
| Unemployment Rate | 3.0% | 8.7% |
| Bachelor's Degree or Higher | 62.7% | 20.5% |
| Median Age | 41.4 | 33.7 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.