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Hampshire County, MA

RANK #518 / 1001 NAT  ·  #5 / 12 MA  ·  POP 162,028

1YR FORECAST: +0.4%

5YR OUTLOOK: +28%

#37 Fastest Growing
Hampshire County's housing market is projected to grow +0.4% over the next year, below the national average.

[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.

MARKET PROFILE
LEANS TOWARD

Educated Suburban Growth

Hampshire County is one of 110 U.S. counties in this market profile — near the profile average on the BoomTown Index. Within this cohort, its recent home-price change of +1.2% runs below the profile's typical +2.4%.

See all 110 Educated Suburban Growth counties →

[02] Market Snapshot

Housing Ratio
15.5x

Overvalued relative to economy

Home Prices
+1.2%

Below national median

Climate & Terrain
-0.0

Below-average climate & terrain

Price/Rent
13x

Below national median (15x)

Housing looks overvalued at 15.5x — home prices are high relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    University of Massachusetts Amherst Education
    10,000+
  2. 2
    Baystate Health Healthcare
  3. 3
    Cooley Dickinson Hospital Healthcare
    5,000+
  4. 4
    Smith College Education
    1,000+
  5. 5
    Mount Holyoke College Education
    500+
  6. 6
    Hampshire College Education
  7. 7
    Servicenet Inc. Other
  8. 8
    City of Northampton Government

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Hampshire County U.S. National

Bars show trailing 12-month growth. The dashed Forecast bars are the model's next-12-month projection; the whisker marks the ±1% range (cooling–accelerating).

The Numbers

DEMOGRAPHICS
Population
162,028
+3.47% YoY
Median Household Income
$87,001
Median Home Value
$390,300
+1.18% 12mo
Median Rent
$1,388
Average Annual Pay
$62,823
+1.3% YoY
Employment
64,855
-1.4% YoY
Income-to-Home-Value
0.2229
Near national average
Migration Inflow
7.95%
of pop. from another state
Bachelor's Degree+
51.6%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$450,000
Days on Market
22
Active market
Months of Supply
1.9
Seller's market
Sale-to-List Ratio
102.0%
Homes selling above asking
Sold Above List
55.4%
Listings w/ Price Drops
19.2%
Building Permits (2025)
291
Single-Family Permits
93

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

[05] Crime & Safety

A
SAFETY
GRADE
Homicide Rate
1.0
per 100K · nat avg 6.3
Firearm Fatalities
3.8
per 100K · nat avg 14.8
Injury Deaths
65.7
per 100K · nat avg 76.3
vs National Average
Well below national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Air Quality

B
AIR QUALITY
GRADE
Median AQI (3yr)
38.3
Good
Good Air Days
80%
866 of 1,082 days
Unhealthy+ Days (3yr)
6
Sensitive groups affected
Primary Pollutant
Ozone
Ground-level ozone
Yearly Trend
2021
35
2022
42
2023
38
Median AQI · lower is better

Source: EPA Air Quality System (2021–2023). Grade based on 3-year average median AQI. Learn about AQI →

[07] 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.

[08] Score Breakdown

Population Growth +3.5% 96 percentile
Income Growth +0.7% 12 percentile
Vacancy Rate 1.1% 36 percentile
Home Price Change +1.2% 41 percentile
Rent Growth +5.0% 77 percentile
Price/Rent 13x 72 percentile

Bars show percentile rank among all 1001 counties.

[09] Frequently Asked Questions

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

Hampshire County scores 48/100 on the Boom Town Index, landing in the middle of the pack among 1001 U.S. counties (#518). Median household income is $87,001 and job growth is running at -1.4%. The data points to a county with mixed signals — some positive indicators alongside areas that lag faster-growing peers.

Is Hampshire County affordable?

Hampshire County leans toward the expensive side. A median home value of $390,300 against an income-to-home-value ratio of 0.22 means housing eats a bigger share of local earnings than the national norm. Renters face $1,388/month on average.

Is Hampshire County growing or shrinking?

Hampshire County is attracting residents (population +3.5% YoY) even as the job market softens with employment at -1.4%. Housing values changed +1.2% over the past 12 months. People may be moving here for affordability or lifestyle reasons rather than job opportunities.

Are people moving to Hampshire County?

In significant numbers — 7.95% of Hampshire County's current population relocated from another state, well above the national norm. That level of in-migration usually signals a county where jobs, affordability, or quality of life are pulling people in from elsewhere.

[10] Similar Counties by Size & Score

Bristol County, MA 50 Hampden County, MA 52 Berkshire County, MA 58 Plymouth County, MA 38 Franklin County, MA 60 Barnstable County, MA 36 Mercer County, PA 48 Josephine County, OR 48