West Springfield Town, Massachusetts Income Statistics

West Springfield Town Wealth Score

The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.

  • B
    West Springfield Town Around average

Source: Map AI Methodology

Income Statistics Overview

See income data visualized

Metric West Springfield Town Massachusetts Avg US Average
Median Household Income $68,973 $104,336 $80,455
Median Personal Income $61,903 $80,230 $60,758
Average Yearly Income Growth 4.1% 4.9% 4.8%
Six-Figure Earners 10.9% 20.6% 13.9%
$200k+ Households 9.0% 22.3% 13.2%

The median household income in West Springfield Town is about 34% lower than in Massachusetts. Income has been growing slower in West Springfield Town (4.1%/yr) than in Massachusetts (4.9%/yr).

About 11% of adults in West Springfield Town earn six figures ($100,000 or more) a year, lower than the Massachusetts average of 21%.

Median Household Income 2009–2024 Trend

Median Household Income Over Time

West Springfield Town
United States

Median household income in West Springfield Town, Massachusetts grew by 35.2% from 2009 to 2024, reaching $68,973 in 2024. That's an average of about 4.1% per year.

Year West Springfield Town United States

Income Inequality and the Gender Pay Gap in West Springfield Town

Metric West Springfield Town Massachusetts Avg US Average
Gini Coefficient 0.515 0.531 0.552
Male Median Income $70,933 $90,842 $69,667
Female Median Income $57,724 $75,629 $56,850
Gender Pay Gap 18.6% 16.7% 18.4%

The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In West Springfield Town, it is 0.515, lower than Massachusetts's 0.531, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.

Men's income is about 23% more than women's income in West Springfield Town, Massachusetts. Over a 35-year career, a 23% wage gap accumulates to roughly $462,315 in unearned income for female workers in the area.

Income by Sex Over Time

Male
Female

Since 2009, the income gap between men and women in West Springfield Town, Massachusetts has narrowed from about 22% to 19% in 2024. Over that period the gap was widest at 25% in 2011, and was narrowest at 8% in 2021. In dollar terms, the gap has widened by $2,389 since 2009.

Year Male Income Female Income Gap %

Employment

Metric West Springfield Town Massachusetts Avg US Average
Unemployment Rate 5.9% 5.1% 5.2%
Working from Home 10.4% 18.6% 15.0%
Commute time (minutes) 17 25 22

Approximately 935 people are unemployed in West Springfield Town, Massachusetts.

The average commute time in West Springfield Town is 17 minutes, shorter than the 25 minutes in Massachusetts.

Unemployment Rate Over Time

West Springfield Town
United States

Since 2011, the unemployment rate in West Springfield Town, Massachusetts has fallen from 9.7% to 5.9% in 2024. Over that period the rate peaked at 11.5% in 2013 and fell as low as 4.9% in 2020.

Year West Springfield Town United States

West Springfield Town, MA Wealth Compared With Nearby Cities

West Springfield Town, MA is the 4th largest of the 5 cities compared here, 28,772 residents against a local median of 39,074. West Springfield Town, MA's unemployment, at 5.9%, runs 16% above the 5.1% typical of the cities around it. That is the weaker end of the local range on this measure.

The cities themselves spread 4.7% on unemployment, so West Springfield Town, MA sits at one end of an already wide local range rather than apart from it. West Springfield Town, MA has the 3rd lowest unemployment of the 5 areas compared here.

Area Population Median household income Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. Unemployment Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here.
West Springfield Town, MA 28,772 $68,973 #3/5 4.1%/yr #4/5 5.9% #3/5 0.515 #2/5
Agawam Town, MA 28,525 $85,131 4.5%/yr 4.0% 0.509
Holyoke, MA 37,770 $55,443 4.6%/yr 7.7% 0.552
Chicopee, MA 55,293 $61,597 3.0%/yr 6.3% 0.517
Westfield, MA 40,378 $87,495 4.2%/yr 3.0% 0.535

Conclusion

Considering all these factors, West Springfield Town, Massachusetts has an overall wealth index grade of B, making it somewhat worse than Massachusetts, and somewhat better than the country as a whole.

Frequently Asked Questions

Common questions about income and wealth in West Springfield Town, Massachusetts.

How Rich Is West Springfield Town, Massachusetts?

West Springfield Town has a wealth index grade of B. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a B grade means residents are quite well off compared to the U.S. average. The median household income is $68,973, about 34% lower than the Massachusetts average of $104,336.

How has median household income changed in West Springfield Town, Massachusetts?

Between 2009 and 2024, the median household income in West Springfield Town, Massachusetts rose 35%, from $50,996 to $68,973. Over the same years, income here lagged behind Massachusetts as a whole: +35% against +61%.

What was the median household income in West Springfield Town in 2023?

In 2023, the median household income in West Springfield Town, Massachusetts was $70,275, up 3% from $68,512 in 2022. The Massachusetts median that year was $101,513.

What was the median household income in West Springfield Town in 2020?

In 2020, the median household income in West Springfield Town, Massachusetts was $55,108. By 2024 it had risen 25% to $68,973.

What is the Gini coefficient in West Springfield Town, Massachusetts?

The Gini coefficient in West Springfield Town is 0.515. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.

How has the income gap between men and women changed in West Springfield Town, Massachusetts?

Since 2009, the income gap between men and women in West Springfield Town, Massachusetts has narrowed from about 22% to 19% in 2024. Over that period the gap was widest at 25% in 2011, and was narrowest at 8% in 2021. In dollar terms, the gap has widened by $2,389 since 2009.

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