Springfield, MA Commercial Inventory Breakdown
Office Spaces
Total: 5,935,819 SF
Data provided by Yardi Matrix, properties over 50k SF, includes office with retail
By square footage range:
- 50k to 100k SF: 1,552,788 SF / 26.16% of total office
- 100k to 500k SF: 1,708,348 SF / 28.78% of total office
- 500k to 1M SF: 1,299,683 SF / 21.9% of total office
- > 1M SF: 1,375,000 SF / 23.16% of total office
By class:
- Class A: 2,172,403 SF / 36.6% of total office
- Class B: 3,573,011 SF / 60.19% of total office
- Class C: 190,405 SF / 3.21% of total office
Industrial
Total: 4,484,844 SF
Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
- 50k to 100k SF: 1,428,134 SF / 31.84% of total industrial
- 100k to 500k SF: 3,056,710 SF / 68.16% of total industrial
By class:
- Class A: 497,302 SF / 11.09% of total industrial
- Class B: 2,784,100 SF / 62.08% of total industrial
- Class C: 1,203,442 SF / 26.83% of total industrial
Springfield Demographics
Population
- Total Population154,139
- Male Population(47.8 %) 73,749
- Female Population(52.2 %) 80,390
- Median Age33.40
Income/Financial
- Average Household Income$55,656
- Median Household Income$39,432
- Median Income Under 25$21,145
- Median Income 25-44$40,337
- Median Income 45-64$46,572
- Median Income Over 65$32,895