Chicopee, Massachusetts is a medium-sized city with a population of 56,100 inhabitants. At 86%, the majority of the Chicopee population is White; this is followed by 4% Black and 2% Asian. If you are not a fan of long commutes, you will enjoy living in Chicopee. With average one way commute time of only 19 minutes, getting to and from work is a breeze compared to the national average of 26 minutes.
Without the right tools, relocating to any new town can be very stressful and challenging. Living in Chicopee, Massachusetts could be a positive experience for anyone who puts in the time to do the research required. With useful information like amenities, cost of living, weather, housing and other key data points, finding the best places to live in Chicopee and in the areas around Chicopee is a much easier task.
The livability score in Chicopee is 68/100 and the city is ranked in the 55th percentile of all cities across America. Based on the rankings for each individual category, Chicopee has received high marks for amenities (A+) and education (B). Chicopee does not fare well for the following: crime (D), cost of living (D), weather (D-), employment (D) and housing (F). It might be wise to take a closer look at each category to find out why.
Conveniently located amenities and interesting attractions are a great way to continuously enjoy Chicopee on a regular basis. Knowing that there are an abundance of amenities and things to do can ensure that you always have access to nearby grocery stores, restaurants and coffee shops.
Assuming that Chicopee meets all of your requirements, the next most important item to examine is the affordability of real estate in Chicopee. Everything else becomes a lot less important if it turns out that home prices in Chicopee are simply unattainable. Median real estate prices in Chicopee come in at $173,800, which is 49% lower than the Massachusetts average. The home price to income ratio compares the median home prices to the median household income. In Chicopee, the home price to income ratio is 3.6, which is 25% lower than the Massachusetts average. Knowing if your home will appreciate on a long term or even a short term basis should be factored into your decision making. An increase in your home’s value can be a good way to generate tax-free equity that can create long term financial security. In the past year, appreciation rates for homes in the Chicopee area were 3.6% and 5 year appreciation rates were 3.8%.
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