Hampden County, MA Economy


Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
Hampden, MA County is a great place to live for those looking for an affordable two-bedroom rental. At $1,220, 2 bedroom rent costs in Hampden are about 21% cheaper than the US average of $1,430. Additionally, the grocery cost index in Hampden is 5% higher than the national average of 100. The area is home to many great local businesses like J&S Printing and Hoosic Valley Motors which bring lots of jobs and opportunities to residents and visitors alike. For those seeking an affordable lifestyle with plenty of job opportunities, Hampden is a great place to call home.

Hampden County has an unemployment rate of 8.5%. The US average is 6.0%.

Hampden County has seen the job market decrease by -9.4% 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 County
- The Sales Tax Rate for Hampden County is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Hampden 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 Hampden County
- The average income of a Hampden County resident is $33,375 a year. The US average is $37,638 a year.
- The Median household income of a Hampden County resident is $61,310 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHampden, MassachusettsUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
Health

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.