Channel Lake vs Springfield: Housing
| Channel Lake | Springfield | |
|---|---|---|
| Median Home Value | $223,000 | $162,100 |
| Median Gross Rent | $1,584/mo | $975/mo |
| Homeownership Rate | 81.2% | 64.3% |
| Rent as Share of Income | 27.9% | 17.7% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.