This section is generated from cached city metrics and clearly labeled state-level benchmarks. It is meant to make the Holyoke page less generic and more useful for comparing housing, income, utilities, taxes, insurance, demographics, and nearby alternatives.
Affordability Summary
Population is 37,949, so Holyoke should be compared with similar-size places before using broader Massachusetts averages. Median household income is $51,892, so the best affordability read for Holyoke is income versus housing, taxes, utilities, and insurance together.
Median home value is $255,300, so ownership costs in Holyoke should be checked with mortgage, property tax, insurance, and maintenance assumptions. Two-bedroom rent is $1,016/mo, so renters can compare Holyoke against ownership costs and nearby rental markets.
Housing and Income Context
For Holyoke, income is more constrained, so utilities, rent, and taxes deserve extra attention. Home values sit in a moderate range where taxes and utilities still change the monthly math.
Use the home value, rent, and income fields together before deciding whether Holyoke looks more favorable for renting, buying, or comparing with Westfield, MA.
Utility Cost Context
The residential electricity benchmark is $0.302/kWh, so Holyoke households should treat usage, home size, heating, and cooling as the practical bill drivers. The electricity value shown for Holyoke is a Massachusetts state-level EIA benchmark, so it should not be read as a local provider tariff.
For Holyoke, utility planning is stronger when the electric benchmark is paired with home age, square footage, insulation, HVAC equipment, and household occupancy.
Property Tax Context
Median property tax paid is $3,919, so Holyoke buyers should still verify parcel-specific tax records before budgeting. Parcel boundaries, exemptions, school districts, and reassessment rules can move the actual bill for a Holyoke address.
Compare the property tax field with home value rather than reading it by itself; a lower tax bill can still pair with a different assessment base or exemption profile.
Insurance and Risk Context
Insurance costs in Holyoke depend on address-level factors such as roof condition, structure age, coverage limits, claims history, deductible choice, and carrier underwriting.
Home value, tax burden, and insurance exposure should be reviewed together for Holyoke, especially when comparing with Westfield, MA.
Population and Demographics
Median age is 39.1, so Holyoke may have different school, commute, healthcare, and housing demand patterns than a statewide average. Bachelor+ share is 24.3%, so Holyoke education context can be useful when reading labor-market and school sections.
Unemployment is 4.7%, so Holyoke wage and job-market context should be compared with commute options and regional employment centers.
