HomeMassachusettsHampden CountyChicopee city
Chicopee city, Massachusetts: commercial real estate data.
Chicopee city is a Census city of 55,295 people across 22.91 square miles of land, in Hampden County. Median household income is $62,615, 55.7 percent of occupied homes are owned, and the SBA record carries 38 7(a) approvals to borrowers here worth $14.8 m.
76 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Chicopee
What Chicopee is
- Census place typecity
- Land area22.91 sq mi
- Water area0.97 sq mi
- Population per square mile of land2,414
- County holding the largest share of its areaHampden County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Chicopee
How many people live in Chicopee
- Population55,295
- Median age41.9
- Population under 1810,632
- Share under 1819.2 percent
- Population 65 and over10,770
- Share 65 and over19.5 percent
- Households24,424
- Family households13,617
- Share of households that are families55.8 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Chicopee
Income and work in Chicopee
- Median household income$62,615
- Per capita income$35,887
- Civilian labor force27,816
- Employed26,071
- Unemployed1,745 plus or minus 462
- Unemployment rate6.3 percent plus or minus 1.6
- Adults 25 and over39,868
- Adults 25 and over with a high school diploma or higher86.4 percent
- Adults 25 and over with a bachelor degree or higher22.9 percent
- Adults 25 and over with a graduate degree8.9 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Chicopee
Housing in Chicopee
- Housing units25,744
- Occupied units24,424
- Vacant units1,320 plus or minus 460
- Vacancy rate5.1 percent plus or minus 1.8
- Owner occupied13,611
- Renter occupied10,813
- Ownership rate55.7 percent
- Median owner-occupied home value$274,500
- Median gross rent, monthly$1,157
- Annual rent as a share of median income22.2 percent
- Single family units13,905
- Share single family54.0 percent
- Units in buildings of two or more11,216
- Share in buildings of two or more43.6 percent
- Mobile homes623 plus or minus 211
- Median year structure built1958
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Chicopee
How Chicopee gets to work
- Workers 16 and over who commute23,512
- Commuting under 15 minutes7,473
- Share commuting under 15 minutes31.8 percent
- Commuting 30 minutes or more5,257
- Share commuting 30 minutes or more22.4 percent
- Drove alone78.3 percent
- Carpooled9.0 percent
- Public transport1.3 percent plus or minus 0.6
- Walked2.0 percent plus or minus 1.1
- Worked from home8.0 percent plus or minus 1.8
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Chicopee
SBA loans in Chicopee (7(a))
- Approvals38
- Gross approval$14,799,900
- Average approval$389,471
- Median approval$100,000
- Ninetieth percentile approval$1,500,000
- Largest approval$3,120,000
- Jobs supported220
- Jobs per approval5.8
- Loans with a final outcome4
- Paid in full4
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more10.5 percent
- Share to franchises5.3 percent
- Distinct lenders13
- Distinct industries by NAICS27
A charge-off rate is not published here. only 4 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Chicopee
SBA loans in Chicopee (504)
- Approvals22
- Gross approval$20,721,000
- Average approval$941,864
- Median approval$287,000
- Largest approval$4,576,000
- Jobs supported263
- Loans with a final outcome6
- Charged off0
- Median term240 months
- Distinct CDCs3
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Hampden County, not Chicopee
Hampden County context, not Chicopee figures
These are Hampden County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Chicopee measurements.
- Establishments in Hampden County9,339
- Employment at those establishments, Hampden County168,744
- Covered employment, Hampden County202,129
- Average annual pay, Hampden County$62,834
- Average weekly wage, Hampden County$1,208
- Housing units permitted, Hampden County443
- Of those, single family, Hampden County289
- County product, 2024, Hampden County$30,597,888,000
- County product change over the prior year, Hampden County4.7 percent
- Average income of an arriving household, Hampden County$61,357
Every figure in this section is published for Hampden County as a whole and is not a measurement of Chicopee. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Chicopee questions, answered from the record.
How many people live in Chicopee, Massachusetts?
55,295, in 24,424 households. Chicopee city covers 22.91 square miles of land, which is 2,414 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Chicopee in?
Hampden County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Chicopee?
$62,615. The median owner-occupied home is valued at $274,500. Median gross rent is $1,157 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Chicopee businesses?
38 7(a) approvals totalling $14.8 m, across 13 lenders, median approval $100,000, plus 22 504 approvals worth $20.7 m. These count approvals to borrowers whose address is in Chicopee, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Chicopee borrowers get paid back?
No rate is published for Chicopee. only 4 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Chicopee figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Hampden County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Chicopee.
Is zoning published for Chicopee?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.