WhereCanIAfford › Springfield, MA › On $125,000

Is Springfield, MA affordable on a $125,000 salary?

YES On $125,000/yr, the typical $376,017 home in Springfield, MA needs $110,858/yr ($2,587/mo). Your gap: +$14,142 — housing would be 24.8% of your gross income.

The math

376,017 price − 10% down (37,602) = 338,415 loan
30-yr fixed at 6.47% on 338,415 = 2,132/mo principal+interest
+ 454/mo est. taxes+insurance (1.45%/yr of value — national placeholder)
2,587/mo PITI ÷ 0.28 = 9,238/mo → 110,858/yr required

against Zillow ZHVI 2026-05 and the 6.47% FRED 30-yr rate (2026-06-18).

What salary WOULD clear Springfield, MA?

You need about $110,858/yr for the typical home. On $125,000 you already clear it by $14,142.

On $100,000? On $150,000? On $175,000?

See the full Springfield, MA affordability breakdown → or every metro you can afford on $125,000 →