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North Springfield

Learn about the people, housing, costs and businesses in North Springfield, Vermont

Median Home$197,100
Median Rent$850/month
Population683
Leading IndustriesEducation · Healthcare · Arts, Food & Hospitality4% education
Home Value Growth⬆⬆⬆+38.5% over 2 years
Retirees23% of residentsslightly above average
Homeowners68% of occupied units
NotableAmenity Score67/100 · highly walkable area
North Springfield
VT

Explore North Springfield

Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in North Springfield?

As of today, the 30-year fixed mortgage rate for North Springfield is approximately 6.955% (6.993% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in North Springfield?

The median home value in North Springfield is $197k. The median monthly rent is $850. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in North Springfield?

Home values in North Springfield have increased 38.5% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in North Springfield?

Based on a typical all-in ownership cost of $979/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $42k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in North Springfield is $69k/year.

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What industries drive the economy in North Springfield?

The largest employment sectors in North Springfield are public administration (25%) and retail (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.