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Metro · Density Score

Springfield, MA

Metro area in Massachusetts

17 Combined score #98 of 109 metros
Economic
23 #96 of 109
Innovation (Startup & VC)
15 #95 of 109

Springfield ranks #98 overall, #95 in Startup & VC and #96 in Economy among 109 U.S. metros.

Highlights

  • #53 of 102: 0.15 startup exits per year per 100k people
  • #82 of 103: 13 patents per 100k people
  • #84 of 109: 0.39 early-stage rounds per year per 100k people

The inputs

Ranks are among the metros with data for each input; higher is better.

Venture capital per year, per 100k people
$0.67M #90 of 109
Early-stage rounds per year, per 100k people
0.39 #84 of 109
Series B+ rounds per year, per 100k people
0 #72 of 109
Startup exits per year, per 100k people
0.15 #53 of 102
GDP per person
$66K #99 of 109
Patents per 100k people
13 #82 of 103
STEM degrees per 100k people
89 #84 of 109
Tech share of jobs
1.7% #96 of 109
Net migration of 25–44 year olds, per 100k people
-476 #101 of 109

Top companies

The largest companies headquartered in this metro, by latest annual revenue.

  1. Eversource Energy ES · Utilities · Springfield $13.5B
  2. Western New England Bancorp Inc. WNEB · Financials · Westfield $83M

Roots Density Data, All Companies (public: SEC filings; private: Forbes Top Private Companies 2025). Ranked by latest annual revenue.

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