Hampden County Labor Market Information
EMSI/Labor Insights Extracted 06/2022
|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.|
- 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.