Real Estate details: Milford CT vs Springfield MA
RE Insights
| Metric | Milford | Springfield |
|---|---|---|
| Population | 50,471 | 154,064 |
| Median Home Price | $376,000 | $287,000 |
| Rent | 23% | 52% |
| Own | 77% | 48% |
Real Estate Insights Comparison: Milford vs Springfield
- The population in Springfield is greater at 154,064 compared to 50,471 in Milford.
- A higher median home price of $376,000 is found in Milford compared to $287,000 in Springfield.
- The rent percentage in Springfield is higher at 52% compared to 23% in Milford.
- A greater percentage of homeowners in Milford at 77% compared to 48% in Springfield.
Environmental Insights
Understanding environmental factors is crucial for assessing the sustainability and quality of life in a city or town. Environmental conditions can vary significantly, influenced by factors such as air quality, green spaces, and local climate. Evaluating these aspects helps in making informed decisions about living and investing in a community.