Chicopee, MA
Maps & Population Facts
Population
55,778
Population Density
2,435
Labor Participaton
62.5%
Bachelor's or Higher
17.1%
Median Household Income
$48,866
Median Individual Income
$32,827
Median Individual Income(Full-time Workers Only)
$45,559
Housing Estimates
Median House Value
$175,500
Median Gross Rent
$885
Median Mortgage Payment
$1,375
Housing Units
24,703
People who reside in Chicopee live in:
Detached - Single Family Homes
46%
Apt, Condo, Other
54%
Analysis
Income
Households in Chicopee earn signifcantly less money than the national median income, averaging 19% less per household.
Housing
Chicopee has a median house price of $175,500. The cost of owning a home in Chicopee is less than most areas. The cost of renting in Chicopee is 13% less than the national average.
| Percent | |
|---|---|
| Renter Occupied Households | 38% |
| New Construction (Built after 2000) | 3% |
Demographics
The median age in Chicopee is 40. The age of the general population in Chicopee is comparable with with the national average.
Chicopee ranks in the lowest of the nation for having an educated population and has significantly less college graduates per resident than most areas.
Housing Data
Housing Comparison
| Chicopee | Massachusetts | USA | |
| Median Property Value | 175,500 | 385,400 | 217,600 |
| Median Mortgage Payment | 1,375 | 2,108 | 1,513 |
| Median Gross Rent | 885 | 1,208 | 1,012 |
| Property Vacancy | 6.9% | 10.0% | 12.6% |
| % Renters | 43% | 38% | 36% |
| Residents per Sq. Mi. | 2,435 | 885 | 93 |
Personal Comparison
| Chicopee | Massachusetts | USA | |
| Median Household Income | 48,866 | 77,385 | 60,336 |
| Median Individual Income | 32,827 | 41,700 | 33,646 |
| Median Income (Full-Time) | 45,559 | 60,923 | 46,881 |
| Median Age | 39.6 | 39.5 | 38.1 |
| Labor Participation | 62.5% | 67.8% | 62.8% |
| Attained College Degree | 17.1% | 43.4% | 32.0% |
Population Density Analysis
Chicopee, MA
2,435
Residents per Sq. Mile
The population density of Chicopee is comparable to that of a Suburban Area.
Major City
10,000 Residents +
Mid-Sized City
5,000 Residents +
Small City
2,500 Residents +
Suburban
500 Residents +
Rural
100 Residents +
Remote
1 Residents +