Wellesley vs Springfield
| Wellesley | Springfield | |
|---|---|---|
| Population | 29,862 | 155,305 |
| Median Household Income | $250,001 | $52,656 |
| Median Home Value | $1,582,700 | $245,000 |
| Median Gross Rent | $2,886/mo | $1,144/mo |
| Homeownership Rate | 84.4% | 49.6% |
| Unemployment Rate | 4.4% | 8.7% |
| Bachelor's Degree or Higher | 89.0% | 20.5% |
| Median Age | 37.1 | 33.7 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.