Hampshire County · Massachusetts · Northeast · 31k residents
Northampton, MA: economy, jobs & business costs
The site-selection read on Northampton: labor costs, talent, corporate tax, energy, and business activity, with the Massachusetts median as the yardstick. Compare it live against any of 3,000 US cities.
Data coverage: ACS place data; supplementary fields may use state estimates.
Average weekly wages in the surrounding labor market run $1,208/wk. Massachusetts's corporate income tax rate is 8%. Commercial electricity averages 20.9¢/kWh.
Compare Northampton side by side
Avg. weekly wage
$1,208/wk
Corporate income tax
8%
Bachelor's degree or higher
62.7%
Commercial electricity
20.9¢/kWh
Economic momentum
How fast Northampton's economy is moving, ranked against the US cities we track.
9/100
Cooling
Ranks Northampton's residential building-permit and jobs growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. This is economic activity, not commercial lease rates or vacancy. Not investment or relocation advice.
| ACS median home value | $429,700 |
| Price per sq. ft. | $400 |
| Property tax rate | 1.14% |
| 1-bedroom rent | $1,177/mo |
| 2-bedroom rent | $1,568/mo |
| State & local income tax | 5% |
| Sales tax | 6.25% |
| Corporate income tax | 8% |
| Avg. weekly wage | $1,208/wk |
| Bachelor's degree or higher | 62.7% |
| Commercial electricity | 20.9¢/kWh |
| Businesses per 1k residents | 30.3/1k |
| Wage: Software developer | $126,670 |
| Wage: Registered nurse | $101,270 |
| Wage: General manager | $98,200 |
| Wage: Customer service | $43,560 |
| Wage: Warehouse worker | $36,730 |
| Wage: Heavy truck driver | $61,260 |
| Wage: Electrician | $76,980 |
| Wage: Retail salesperson | $36,630 |
| Cost of living index | 112 |
| Groceries index | 108 |
| Utilities | $245/mo |
| Transit pass | $90/mo |
| Gas price | $3.35/gal |
| Healthcare index | 108 |
| Childcare (per child) | $1,900/mo |
| Median household income | $80,288 |
| Unemployment rate | 3.6% |
| Population | 31k |
| Crime index | 30/100 |
| School rating | 8.5/10 |
| Walkability | 30/100 |
| Disaster risk | 70/100 |
| Avg. commute | 30 min |
| Sunny days / year | 200 days |
| July high | 83°F |
| January low | 14°F |
| Annual snowfall | 37 in |
| Home price YoY | +4.3% |
| Home price MoM | +0.3% |
| Rent YoY | +3.8% |
| Rent MoM | -0.6% |
| Employment (jobs) YoY | -1.4% |
| Building permits YoY | -62.1% |
| Ocean coast | 75 mi |
| Big lake | 70 mi |
| Mountains | 34 mi |
| Major airport | 27 mi |
| Ski resort | 36 mi |
Popular comparisons
Nearby
- Easthampton, MA · 16k
- Amherst Town, MA · 38k
- Holyoke, MA · 38k
- Chicopee, MA · 55k
- West Springfield Town, MA · 29k
Similar size
- North Attleborough Town, MA · 31k
- Norwood, MA · 32k
- Wellesley, MA · 30k
- Gloucester, MA · 30k
- Melrose, MA · 30k
Real listings in Northampton
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is Northampton a good place to run a business?
- Massachusetts's corporate income tax rate is 8%; average weekly wages in the surrounding labor market run $1,208/wk; commercial electricity averages 20.9¢/kWh. Weigh these against your own priorities in the business comparison tool.
- What is the cost of living in Northampton, MA?
- Northampton indexes at 112 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $1,568/mo and a acs median home value of $429,700.
- How much does a house cost in Northampton?
- The acs median home value in Northampton is $429,700 (Census ACS estimate; individual listings vary).
- How much is rent in Northampton?
- A two-bedroom in Northampton rents for about $1,568/mo.