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Hampshire County, MA

Amherst Town

RANK #492 / 996 NAT  ·  #4 / 12 MA  ·  POP 153,931

1YR FORECAST: +1.7%

5YR OUTLOOK: +24%

Hampshire County's housing market is projected to grow +1.7% over the next year, tracking near 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.

[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] 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

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
Bachelor's Degree+
50.4%
of residents (national avg: 33%)

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] 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

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.

[09] Frequently Asked Questions

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

Hampshire County scores 50/100 on the Boom Town Index, landing in the middle of the pack among 996 U.S. counties (#492). Median household income is $84,025 and job growth is running at +0.5%. 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 $344,200 against an income-to-home-value ratio of 0.24 means housing eats a bigger share of local earnings than the national norm. Renters face $1,263/month on average.

Is Hampshire County growing or shrinking?

Hampshire County is losing population (-4.9% YoY) while the job market is essentially flat (+0.5% employment change). Home values are +0.5% over the past 12 months. A slow-bleed pattern — not a collapse, but residents are leaving faster than employers are hiring.

Are people moving to Hampshire County?

In significant numbers — 7.55% 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

Plymouth County, MA 49 Barnstable County, MA 56 Bristol County, MA 56 Franklin County, MA 33 Hampden County, MA 68 Middlesex County, MA 29 Johnson County, IA 50 Ascension Parish, LA 50