Lane County · Oregon · West · 61k residents
Springfield, OR: economy, jobs & business costs
The site-selection read on Springfield: labor costs, talent, corporate tax, energy, and business activity, with the Oregon median as the yardstick. Compare it live against any of 3,000 US cities.
Data coverage: ACS place data; supplementary fields may use state estimates.
Average weekly wages in the surrounding labor market run $1,188/wk. Oregon's corporate income tax rate is 7.6%. Commercial electricity averages 10.1¢/kWh.
Compare Springfield side by side
Avg. weekly wage
$1,188/wk
Corporate income tax
7.6%
Bachelor's degree or higher
22.4%
Commercial electricity
10.1¢/kWh
Economic momentum
How fast Springfield's economy is moving, ranked against the US cities we track.
32/100
Cooling
Ranks Springfield's residential building-permit and jobs growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. This is economic activity, not commercial lease rates or vacancy. Not investment or relocation advice.
| ACS median home value | $358,700 |
| Price per sq. ft. | $300 |
| Property tax rate | 0.93% |
| 1-bedroom rent | $917/mo |
| 2-bedroom rent | $1,256/mo |
| State & local income tax | 7.48% |
| Sales tax | 0% |
| Corporate income tax | 7.6% |
| Avg. weekly wage | $1,188/wk |
| Bachelor's degree or higher | 22.4% |
| Commercial electricity | 10.1¢/kWh |
| Businesses per 1k residents | 34.0/1k |
| Wage: Software developer | $121,050 |
| Wage: Registered nurse | $113,720 |
| Wage: General manager | $94,170 |
| Wage: Customer service | $45,880 |
| Wage: Warehouse worker | $37,430 |
| Wage: Heavy truck driver | $58,480 |
| Wage: Electrician | $94,680 |
| Wage: Retail salesperson | $35,410 |
| Cost of living index | 101 |
| Groceries index | 105 |
| Utilities | $165/mo |
| Transit pass | $100/mo |
| Gas price | $3.85/gal |
| Healthcare index | 104 |
| Childcare (per child) | $1,350/mo |
| Median household income | $68,761 |
| Unemployment rate | 4.2% |
| Population | 61k |
| Crime index | 50/100 |
| School rating | 5.5/10 |
| Walkability | 34/100 |
| Disaster risk | 96/100 |
| Avg. commute | 24 min |
| Sunny days / year | 160 days |
| July high | 84°F |
| January low | 35°F |
| Annual snowfall | — |
| Home price YoY | +0.3% |
| Home price MoM | -0.2% |
| Rent YoY | +2.2% |
| Rent MoM | -0.4% |
| Employment (jobs) YoY | -0.4% |
| Building permits YoY | -13.9% |
| Ocean coast | 64 mi |
| Big lake | 234 mi |
| Mountains | 62 mi |
| Major airport | 10 mi |
| Ski resort | 67 mi |
Popular comparisons
Nearby
- Eugene, OR · 180k
- Lebanon, OR · 19k
- Corvallis, OR · 60k
- Albany, OR · 57k
- Four Corners, OR · 16k
Similar size
- Tigard, OR · 56k
- Aloha, OR · 52k
- Lake Oswego, OR · 40k
- Grants Pass, OR · 39k
- Keizer, OR · 39k
Real listings in Springfield
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is Springfield a good place to run a business?
- Oregon's corporate income tax rate is 7.6%; average weekly wages in the surrounding labor market run $1,188/wk; commercial electricity averages 10.1¢/kWh. Weigh these against your own priorities in the business comparison tool.
- What is the cost of living in Springfield, OR?
- Springfield indexes at 101 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $1,256/mo and a acs median home value of $358,700.
- How much does a house cost in Springfield?
- The acs median home value in Springfield is $358,700 (Census ACS estimate; individual listings vary).
- How much is rent in Springfield?
- A two-bedroom in Springfield rents for about $1,256/mo.