Hampshire County, MA Economy


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Hampshire County, MA is a great place to live. In comparison to the US 2 Bedroom Rent average of $1,430, Hampshire County offers an affordable option with an average of $1,220. The Grocery Cost Index is also lower than the national average at 107 versus 100 in the US. \nThere are many local companies in Hampshire County for job seekers such as Big Y Foods Incorporation, Valley Medical Group PC and Taylor Made Glass Incorporation. For those looking to explore the area there are plenty of points of interest. Some popular spots include Amherst College Museum of Natural History, Look Park and the Hadley Farmers Market. With so much to explore and a relatively low cost of living compared to the national averages, it's no wonder why Hampshire County is a popular destination for new residents.

Hampshire County has an unemployment rate of 5.4%. The US average is 6.0%.

Hampshire County has seen the job market increase by 3.6% over the last year. Future job growth over the next ten years is predicted to be 37.7%, which is higher than the US average of 33.5%.

Tax Rates for Hampshire County
- The Sales Tax Rate for Hampshire County is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Hampshire County is 5.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Hampshire County
- The average income of a Hampshire County resident is $29,884 a year. The US average is $28,555 a year.
- The Median household income of a Hampshire County resident is $76,959 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHampshire, MassachusettsUnited States
  5.46
  -9.4%-6.2%
  37.7%33.5%
  6.3%6.2%
  5.1%4.6%
  $38,695$37,638
  $76,959$69,021
  $104,101$85,028
  Population by Occupation
  0.7%1.2%
  0.1%0.5%
  4.7%6.8%
  7.4%10.0%
  1.6%2.5%
  10.0%11.0%
  2.6%4.8%
  0.7%0.8%
  1.6%1.9%
  3.4%4.7%
  1.3%1.9%
  6.5%7.6%
  0.1%0.1%
  2.4%4.2%
  25.2%9.3%
  14.7%14.0%
  2.3%2.1%
  7.0%7.0%
  4.3%4.8%
  3.6%4.7%
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