Hampden, MA
Maps & Population Facts
Population
5,193
Population Density
265
Labor Participaton
64.5%
Bachelor's or Higher
35.7%
Median Household Income
$81,304
Median Individual Income
$45,692
Median Individual Income(Full-time Workers Only)
$65,446
Housing Estimates
Median House Value
$275,200
Median Gross Rent
$964
Median Mortgage Payment
$1,846
Housing Units
2,088
People who reside in Hampden live in:
Detached - Single Family Homes
88%
Apt, Condo, Other
12%
Analysis
Income
Households in Hampden earn significantly more money than the national median income, averaging 35% higher per household.
Housing
Hampden has a median house price of $275,200. The cost of homeownership is slightly higher than most areas. The cost of renting in Hampden is 5% less than the national average.
Percent | |
---|---|
Renter Occupied Households | 38% |
New Construction (Built after 2000) | 7% |
Demographics
The median age in Hampden is 49. Hampden has a population that is significantly older than in comparison to the US median age.
Hampden ranks better than average for having an educated population with more college graduates per resident than most areas.
Housing Data
Housing Comparison
Hampden | Massachusetts | USA | |
Median Property Value | 275,200 | 385,400 | 217,600 |
Median Mortgage Payment | 1,846 | 2,108 | 1,513 |
Median Gross Rent | 964 | 1,208 | 1,012 |
Property Vacancy | 5.4% | 10.0% | 12.6% |
% Renters | 9% | 38% | 36% |
Residents per Sq. Mi. | 265 | 885 | 93 |
Personal Comparison
Hampden | Massachusetts | USA | |
Median Household Income | 81,304 | 77,385 | 60,336 |
Median Individual Income | 45,692 | 41,700 | 33,646 |
Median Income (Full-Time) | 65,446 | 60,923 | 46,881 |
Median Age | 49.4 | 39.5 | 38.1 |
Labor Participation | 64.5% | 67.8% | 62.8% |
Attained College Degree | 35.7% | 43.4% | 32.0% |
Population Density Analysis
Hampden, MA
265
Residents per Sq. Mile
The population density of Hampden is comparable to that of a Rural 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 +