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Hampden County, MA

RANK #196 / 996  ·  POP 464,575  ·  MA

PROJECTED GROWTH: +2.1%

Hampden County ranks among the top U.S. counties across nearly every economic indicator.

[01] Why Hampden County?

Hampden County, located in the Pioneer Valley of Western Massachusetts, offers a blend of urban, suburban, and rural environments. Springfield, the largest city and county seat, is a cultural and economic hub, home to attractions like the Basketball Hall of Fame and the 735-acre Forest Park. The county is bisected by the Connecticut River and features mountains to the west and valleys to the east, providing ample outdoor recreation opportunities in state forests such as Chester-Blandford and Granville. Public transportation is available through the Pioneer Valley Transit Authority (PVTA), serving many of the county's cities and towns. Life in Hampden County often appeals to families seeking a balance between community and access to amenities. Towns like Longmeadow are noted for their schools and suburban atmosphere. The economy is diverse, with major employment sectors including healthcare and social assistance, manufacturing, and retail trade. While the county has a history rooted in manufacturing, there is ongoing investment in various sectors, including energy, contributing to its evolving economic landscape.

[02] Market Snapshot

Housing Ratio
5.1x

Above national median (4.7x)

GDP Growth
+1.6%

Below national median

Home Prices
+2.8%

Outpacing national median

Climate & Terrain
-0.1

Below-average climate & terrain

Price/Rent
12x

Below national median (13x)

Housing is fairly valued at 5.1x relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Hampden County U.S. National

The Numbers

DEMOGRAPHICS
Population
464,575
-0.36% YoY
Median Household Income
$66,619
Median Home Value
$258,100
+2.78% 12mo
Median Rent
$1,051
Average Annual Pay
$62,834
+4.2% YoY
Employment
202,129
-0.3% YoY
Income-to-Home-Value
0.2581
More affordable than average
Migration Inflow
1.42%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$335,000
Days on Market
36
Active market
Months of Supply
1.6
Seller's market
Sale-to-List Ratio
100.3%
Homes selling above asking
Sold Above List
49.6%
Listings w/ Price Drops
20.2%
Building Permits (2024)
443
Single-Family Permits
289

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Capital Investment

$3,006M
TOTAL
PROJECT AMOUNT STATUS
New England Wind Offshore Wind Project (partial contribution to Hampden County energy supply)
Avangrid
$1,900M Approved
Vineyard Wind 1 Offshore Wind Farm (partial contribution to Hampden County energy supply)
Avangrid and Copenhagen Infrastructure Partners
$806M Under Construction
Hampden Battery Storage Project
Undisclosed (active in ISO-NE interconnection queue)
$250M Planned
Community Solar & Battery Storage Portfolio (Multiple Projects)
Various (BWC East Brook, LLC, ASD Three Rivers Road MA Solar LLC, NSTAR Electric Company, Blandford Sun, LLC, Mt. Tom Solar, LLC, etc.)
$50M Operating

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[06] Score Breakdown

GDP Growth +1.6% 28 percentile
Population Growth -0.4% 14 percentile
Income Growth +8.7% 54 percentile
Vacancy Rate 1.0% 60 percentile
Home Price Change +2.8% 70 percentile
Rent Growth +5.6% 85 percentile
Price/Rent 12x 64 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Hampden County, MA a good place to move to?

Hampden County has a Boom Town Index score of 80/100, ranking #196 among 996 U.S. counties. With job growth at -0.3% and a median household income of $66,619, it's an above-average county on economic indicators.

Is Hampden County affordable?

The median home value in Hampden County is $258,100 with median rent at $1,051/month. The income-to-home-value ratio is 0.2581, which is more affordable than the national average.

Is Hampden County growing or shrinking?

Population growth: -0.4% year-over-year. Job growth: -0.3%. Home values changed +2.8% in the past 12 months.

[08] Similar Metros

Bergen County, NJ 90 Passaic County, NJ 90 Ashtabula County, OH 90 Lapeer County, MI 90 Cheshire County, NH 90 Buffalo County, NE 90 Nassau County, NY 90 Schenectady County, NY 90