North Springfield, VT Profile: Facts & Data

The North Springfield Census Designated Place has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

A Census Designated Place (CDP) is a statistical counterpart to a self-governing (incorporated) place such as a city, town, or village. A CDP is not a legal entity and has no governmental functions.

North Springfield, VT Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	693 (100%)
Population in Households	676 (97.5%)
Population in Families	540 (77.9%)
Population in Group Quarters¹	17 ( 2.5%)
Population Density	563
Diversity Index²	17


INCOME
Median Household Income	$64,871
Average Household Income	$91,606
% of Income for Mortgage⁴	19%
Per Capita Income	$43,001
Wealth Index⁵	87
Socioeconomic Status Index⁶	High (66.8)

HOUSING
Total HU (Housing Units)	349 (100%)
Owner Occupied HU	244 (69.9%)
Renter Occupied HU	81 (23.2%)
Vacant Housing Units	24 ( 6.9%)
Median Home Value	$194,048
Average Home Value	$227,766
Housing Affordability Index³	116

HOUSEHOLDS
Total Households	325
Average Household Size	2.08
Family Households	199
Average Family Size	3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

North Springfield, VT - Peer Comparisons by Rank and Percentile

The table below compares North Springfield to the other 179 incorporated cities, towns and CDPs in Vermont by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	-0.03%	-0.06%
Households	0.22%	0.12%
Families		-0.30%
Median Household Income		2.09%
Per Capita Income		4.51%
Owner Occupied HU		1.12%

Variable Description	Rank	Percentile
Total Population	# 70	61st
Population Density	# 70	61st
Median Household Income	# 113	37th
Housing Affordability Index	# 166	93rd
Per Capita Income	# 83	54th
Diversity Index	# 133	26th

North Springfield, VT Profile: Facts & Data

North Springfield, Vermont - Basic Facts

North Springfield, VT Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

North Springfield, VT - Peer Comparisons by Rank and Percentile

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