Hampden County
Massachusetts · Pop. 466,372
Ranked #87 of 200 counties
44Moderate
Median Home Price
🏠$260K
5.0% YoY
Median Rent
🔑$1,250
Median Income
💰$48K
Rent Burden
📊33.0%
% of income to rent
Housing Shortage
🏗️2,000
estimated unit deficit
Building Permits (2024)
📋1,200
Price-to-Income Ratio
⚖️5.4x
Homeownership Rate
🏡56.0%
How Hampden County Compares
| Metric | Hampden County | Massachusetts | National |
|---|---|---|---|
| Home Price | $260K | $571K | $410K |
| Rent | $1,250 | $1,757 | $1,500 |
| Income | $48K | $100K | $75K |
| Rent Burden | 33.0% | 36.5% | 30.0% |
| Homeownership | 56.0% | 62.0% | 65.0% |
Key Takeaways
- • Home prices are 37% below the national average.
- • Rent is 17% below the national average.
- • The county has an estimated housing shortage of 2,000 units.
- • 1,200 building permits were issued in 2024.
- • Year-over-year home prices changed by 5.0%.