Wellesley vs Springfield: Housing
| Wellesley | Springfield | |
|---|---|---|
| Median Home Value | $1,582,700 | $245,000 |
| Median Gross Rent | $2,886/mo | $1,144/mo |
| Homeownership Rate | 84.4% | 49.6% |
| Rent as Share of Income | 13.9% | 26.1% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.