Cost of Living in Holyoke, MA
Population: 37,949 • 2026 Data
$51,892
Median Household Income
-33% vs national
$1,016
Median Monthly Rent
-25% vs national
$255,300
Median Home Value
-25% vs national
6.9%
Unemployment Rate
Housing in Holyoke
The median home value in Holyoke, MA is $255,300. Monthly rent for a typical unit averages $1,016, while total monthly housing costs (including utilities and insurance) average $1,120.
Rent-to-income ratio: 23.5%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Holyoke, MA is $51,892. The unemployment rate stands at 6.9%, with a labor force of 17,178 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.