Pros and Cons of Living In Holyoke, Massachusetts. Is Holyoke, MA a Nice Place To Live or Retire?

Holyoke, Massachusetts

Moving to Holyoke In Massachusetts ? Is Holyoke, MA a Nice Place To Live? Pros and Cons of Living in Holyoke, Massachusetts. Find out the best and worst about to live, raise a family or retire in Holyoke.

Holyoke is a city in Hampden County, Massachusetts, United States, that lies between the western bank of the Connecticut River and the Mount Tom Range. As of the 2020 census, the city had a population of 38,247. Located 8 miles (13 km) north of Springfield, Holyoke is part of the Springfield Metropolitan Area, one of the two distinct metropolitan areas in Massachusetts.

Holyoke is among the early planned industrial cities in the United States. Built in tandem with the Holyoke Dam to utilize the water power of Hadley Falls, it is one of a handful of cities in New England built on the grid plan. During the late 19th century the city produced an estimated 80% of the writing paper used in the United States and was home to the largest paper mill...

DEMOGRAPHICS

Population
40161
Unemployment
7.1%
51% NAT AVG.
Poverty
27.5%
96% NAT AVG.
Cost Of Living
109
9% NAT AVG.

ECONOMICS

Median Home Cost
$197700
14% NAT AVG.
Median Income
$42537
37% NAT AVG.
Median Rent
$847
27% NAT AVG.
Overall Score
5

CRIME REPORT

Total Crime
1608
71% NAT. AVG.
195% STATE AVG.
Violent Crime
362
133% NAT. AVG.
193% STATE AVG.
Property Crime
1246
59% NAT. AVG.
196% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 4
Unemployed People
1 in 14
People Earning < $10,000
1 in 9
People Earning < $50,000
57%
People With Any Degree
1 in 3.3

ETHNICITY

Ethnicity Holyoke USA
White 41.1% 60.1%
African American 2.4% 12.2%
American Indian 0.1% 0.6%
Asian 0.6% 5.6%
Hawaiian 0% 0.2%
Multiracial 1.2% 2.8%
Hispanic 54.6% 18.2%
Other 0.1% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Holyoke USA
Less than $10,000 11.7% 5.8%
$10,000 to $14,999 10.2% 4.1%
$15,000 to $24,999 11.7% 8.5%
$25,000 to $34,999 10.1% 8.6%
$35,000 to $49,999 13.3% 12.0%
$50,000 to $74,999 15.3% 17.2%
$75,000 to $99,999 9.1% 12.8%
$100,000 to $149,999 9.6% 15.6%
$150,000 to $199,999 5.3% 7.1%

EDUCATION

Education Holyoke USA
< 9th Grade 8% 5.0%
9-12th Grade 13% 7.0%
High School or GED 32% 27.0%
Other College 17% 20.0%
Associate's Degree 8% 9%
Bachelor's Degree 14% 20.0%
Master's Degree 7% 9.0%
Professional Degree 1% 2.0%
Doctorate Degree 0% 1.0%
Holyoke is a city in Massachusetts state in USA with a population of 40161 residents.. The poverty rate of Holyoke is 27.5%, which is 96% higher than national average. The typical household in Holyoke earns $42537 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 4 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 9 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 57% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Holyoke remained 7.1%, which is 51% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census.

Cost of living in Holyoke is 109, which is 9% higher than national average. In Holyoke, only 22% of adults have a bachelor's degree and 25% have some college but no degree. Median home value in Holyoke is $197700 , which is 14% lower than national average. While median income in Holyoke remained $42537, which is 37% lower than national average.
Holyoke Scorecard

Jobs50%

Housing80%

Affordability40%

Safety30%

Amenities90%

Diversity85%

Education50%

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