Holyoke, MA
Maps & Population Facts
Population
40,362
Population Density
1,907
Labor Participaton
57.3%
Bachelor's or Higher
24.1%
Median Household Income
$37,954
Median Individual Income
$30,914
Median Individual Income(Full-time Workers Only)
$43,813
Housing Estimates
Median House Value
$182,700
Median Gross Rent
$795
Median Mortgage Payment
$1,396
Housing Units
17,046
People who reside in Holyoke live in:
Detached - Single Family Homes
33%
Apt, Condo, Other
67%
Analysis
Income
Households in Holyoke earn signifcantly less money than the national median income, averaging 37% less per household.
Housing
Holyoke has a median house price of $182,700. The cost of homeownership is slightly less than most areas. The cost of renting in Holyoke is 21% less than the national average.
Percent | |
---|---|
Renter Occupied Households | 38% |
New Construction (Built after 2000) | 5% |
Demographics
The median age in Holyoke is 35. Holyoke has a population that is younger than in comparison to the US median age.
Holyoke 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
Holyoke | Massachusetts | USA | |
Median Property Value | 182,700 | 385,400 | 217,600 |
Median Mortgage Payment | 1,396 | 2,108 | 1,513 |
Median Gross Rent | 795 | 1,208 | 1,012 |
Property Vacancy | 9.6% | 10.0% | 12.6% |
% Renters | 59% | 38% | 36% |
Residents per Sq. Mi. | 1,907 | 885 | 93 |
Personal Comparison
Holyoke | Massachusetts | USA | |
Median Household Income | 37,954 | 77,385 | 60,336 |
Median Individual Income | 30,914 | 41,700 | 33,646 |
Median Income (Full-Time) | 43,813 | 60,923 | 46,881 |
Median Age | 35.2 | 39.5 | 38.1 |
Labor Participation | 57.3% | 67.8% | 62.8% |
Attained College Degree | 24.1% | 43.4% | 32.0% |
Population Density Analysis
Holyoke, MA
1,907
Residents per Sq. Mile
The population density of Holyoke 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 +