Hampden, MA is a quaint town located in Hampden County, Massachusetts. The population of the town is 5,139 according to the 2010 census. It is known for its picturesque scenery and ample outdoor activities, making it a popular destination for many people. The two-bedroom rent in Hampden is lower than the US average at $1,360 compared to $1,430 and grocery costs are slightly higher at 107 versus 100 in the US. Many prominent companies have local headquarters within Hampden including TD Bank Group and United Technologies Corporation. The weather in Hampden can range from mild summers to cold winters with plenty of snowfall—perfect for winter sports enthusiasts!
Hampden has an unemployment rate of 5.6%. The US average is 6.0%.
Hampden 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 33.7%, which is higher than the US average of 33.5%.
Tax Rates for Hampden
- The Sales Tax Rate for Hampden is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Hampden 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 Hampden
- The average income of a Hampden resident is $35,782 a year. The US average is $28,555 a year.
- The Median household income of a Hampden resident is $99,400 a year. The US average is $69,021 a year.