Cost of Living in Hampden, MA

Population 4,937 · Massachusetts · Data vintage 2023

113
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Hampden sits on the smaller end of the Massachusetts city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. At 6.6%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Geographically, Hampden sits roughly 7 miles east of Springfield. Median home values run roughly 55% higher than Springfield's $223,000.

Cost Overview

Housing 113

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Hampden

The median home value in Hampden is $345,200 — 13% above the national median of $305,000. The median household income of $110,703/year is 48% higher than the US median of $74,580. The local unemployment rate is 6.6%, above the national average of 4.8%. Massachusetts's top state income tax rate is 9.0% and the combined sales tax is 6.3%. The climate averages highs of 61.1°F and lows of 40.9°F, with about 51.7" of annual snowfall. Overall, Hampden has a cost of living index of 113 versus the US average of 100, meaning it is 13% more expensive.

🏠 Housing

Median Home Value
$345,200
13% above avg
Property Tax Rate
1.2%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,044
1 BR
$1,205
2 BR
$1,496
3 BR
$1,823
4 BR
$2,037
Owner-occupied 96.8%
Renter-occupied 3.2%

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
28.5 min
6% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
7.2%

Commute Mode

Drove alone
83.8%
Carpooled
8.3%
Walked
0.7%
Work from home
7.2%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 9.0%
Total Sales Tax 6.3%
State rate 6.3%
Avg local rate 0.0%
Property Tax 1.2%

💼 Income & Employment

Median Household Income
$110,703
48% above avg
Per Capita Income
$50,922
Unemployment Rate
6.6%
38% above avg
Poverty Rate
2.0%
Labor Force Participation
54.7%

🎓 Education

Bachelor's degree+ 20.5%
Graduate degree 17.2%

👥 Demographics

Median Age 52.8
Male median age 50.2
Female median age 57.4

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
61.1°F
Avg Low
40.9°F
Annual Precip
47"
Annual Snowfall
51.7"
10° 30° 50° 70° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 353947617280858376645241
Low °F 192128384858636254423325
Precip" 3.283.133.813.883.794.284.174.214.394.523.514.08
Snow" 14.214.89.41.10.00.00.00.00.00.71.410.1

Frequently Asked Questions

What is the cost of living in Hampden, MA?

Hampden has a cost index of 113 (100 = national average). It is 13% above the national average.

What is the average home price in Hampden?

The median home value in Hampden is $345,200 according to 2023 Census ACS data.

What is the median income in Hampden?

The median household income in Hampden is $110,703 per year (2023 ACS 5-year estimates).

What is the sales tax in Hampden, MA?

The combined state and local sales tax rate in Hampden is 6.3%. The Massachusetts state income tax top rate is 9.0%.

Is Hampden, MA affordable?

Hampden is above average in cost of living, with an index of 113 — about 13% higher than the national average.

What is the weather like in Hampden?

Hampden has average high temperatures of 61.1°F and average lows of 40.9°F. Annual precipitation is 47". Average annual snowfall is 51.7". Data from NOAA 1991–2020 Climate Normals.