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Hampshire County, MA

RANK #304 / 996  ·  POP 153,931  ·  MA

PROJECTED GROWTH: +1.5%

Hampshire County is growing steadily, with strong fundamentals across jobs, wages, and population.

[01] Why Hampshire County?

Northampton, the county seat, stands out in Hampshire County, Massachusetts, a region known for its academic institutions and natural scenery. Located in Western Massachusetts, roughly 90 miles west of Boston, the county offers a different pace than the state's eastern urban centers. Commuting to Boston is a two-hour drive, though public transportation options exist from nearby areas. The area is characterized by rolling green hills and a mix of rural and developed towns, with extensive opportunities for outdoor recreation like hiking, biking on rail trails, and water sports.

Life in Hampshire County often revolves around its academic community, with the Five Colleges (Amherst College, Hampshire College, Mount Holyoke College, Smith College, and the University of Massachusetts Amherst) contributing to the area's character. Public schools in towns like Northampton and Amherst are recognized for their quality. The economy is seeing new investment in technology sectors, including food science and quantum innovation, particularly around the University of Massachusetts Amherst. This contributes to a local economy that blends educational institutions with emerging industries.

[02] Market Snapshot

Housing Ratio
6.6x

Above national median (4.7x)

GDP Growth
+1.9%

Below national median

Home Prices
+0.5%

Well below national median

Climate & Terrain
-0.0

Below-average climate & terrain

Price/Rent
12x

Below national median (13x)

Housing is fairly valued at 6.6x relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Hampshire County U.S. National

The Numbers

DEMOGRAPHICS
Population
153,931
-4.87% YoY
Median Household Income
$84,025
Median Home Value
$344,200
+0.54% 12mo
Median Rent
$1,263
Average Annual Pay
$62,006
+2.6% YoY
Employment
65,786
+0.5% YoY
Income-to-Home-Value
0.2441
Near national average
Migration Inflow
7.55%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$393,000
Days on Market
68
Slower market
Months of Supply
2.9
Seller's market
Sale-to-List Ratio
98.9%
Near asking price
Sold Above List
34.5%
Listings w/ Price Drops
10.7%
Building Permits (2024)
318
Single-Family Permits
150

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

[05] Capital Investment

$3,050M
TOTAL
PROJECT AMOUNT STATUS
Westfield Data Center Campus
Servistar Realties, LLC
$3,000M Planned
Community Solar Portfolio (Multiple Projects)
Various
$50M Operating

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

[06] Score Breakdown

GDP Growth +1.9% 31 percentile
Income Growth +9.2% 66 percentile
Vacancy Rate 1.4% 29 percentile
Home Price Change +0.5% 38 percentile
Rent Growth +7.3% 92 percentile
Price/Rent 12x 65 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

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

Hampshire County has a Boom Town Index score of 70/100, ranking #304 among 996 U.S. counties. With job growth at +0.5% and a median household income of $84,025, it's an above-average county on economic indicators.

Is Hampshire County affordable?

The median home value in Hampshire County is $344,200 with median rent at $1,263/month. The income-to-home-value ratio is 0.2441, which is less affordable than the national average.

Is Hampshire County growing or shrinking?

Population growth: -4.9% year-over-year. Job growth: +0.5%. Home values changed +0.5% in the past 12 months.

Are people moving to Hampshire County?

Yes — 7.55% of Hampshire County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

Davidson County, NC 80 Hampden County, MA 80 Belknap County, NH 80 Camden County, NJ 80 Augusta County, VA 80 Naugatuck Valley Planning Region, CT 80 Box Elder County, UT 80 Boone County, IN 80