To inquire about the local labor market, employment trends or the characteristics of the region’s population, Send an e-mail to Larry Martin or call him at (413) 755-1361. You can also use our online form to contact us.
Hampden County Labor Market Information
EMSI/Labor Insights Extracted 06/2022
Economy Overview
| 462,550 | 221,462 | $55.4K |
| Population (2021) | Total Regional Employment | Median Household Income (2019) |
| Population decreased by 5,324 over the last 5 years and is projected to decrease by 10,795 over the next 5 years. | Jobs decreased by 8,403 over the last 5 years but are projected to grow by 1,190 over the next 5 years. | Median household income is $7.4K below the national median household income of $62.8K. |
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Takeaways
- As of 2021 the region’s population declined by 1.1% since 2016, falling by 5,324. Population is expected to decrease by 2.3% between 2021 and 2026, losing 10,795.
- From 2016 to 2021, jobs declined by 3.7% in Hampden County, MA from 229,865 to 221,462. This change fell short of the national growth rate of 0.7% by 4.4%. As the number of jobs declined, the labor force participation rate increased from 59.2% to 61.3% between 2016 and 2021.
- Concerning educational attainment, 16.9% of Hampden County, MA residents possess a Bachelor’s Degree (3.4% below the national average), and 9.3% hold an Associate’s Degree (0.6% above the national average).
- The top three industries in 2021 are Individual and Family Services, Education and Hospitals (Local Government), and Restaurants and Other Eating Places.