Cost of Living in Westfield, MA
Population: 40,673 • 2026 Data
$82,847
Median Household Income
+7% vs national
$1,064
Median Monthly Rent
-21% vs national
$295,500
Median Home Value
-13% vs national
4.0%
Unemployment Rate
Housing in Westfield
The median home value in Westfield, MA is $295,500. Monthly rent for a typical unit averages $1,064, while total monthly housing costs (including utilities and insurance) average $1,271.
Rent-to-income ratio: 15.4%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Westfield, MA is $82,847. The unemployment rate stands at 4.0%, with a labor force of 20,222 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.