Agawam, MA

Average · 91

Massachusetts · Population 28,510 · Updated March 2026

$1,234
Median Rent / Month
$82,359
Median Income
$290,000
Median Home Value
$1,368
Owner Costs / Month

Affordability

How far your income goes in Agawam

18.0%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in Massachusetts

State-level tax rates that affect your costs

9.0%
Income Tax (Top Rate)
6.25%
Sales Tax
1.15%
Property Tax Rate

Estimated Annual Costs

$14,808
Annual Rent
$7,412
State Income Tax
$3,335
Property Tax (est.)

Cost of Living Overview

Agawam offers a below-average cost of living, giving residents more purchasing power compared to many US cities. With a cost index of 91 (where 100 equals the national median), Agawam residents can expect to pay median rent of $1,234/month while earning a median household income of $82,359/year.

The median home value in Agawam, MA is $290,000, with typical monthly owner costs around $1,368 including mortgage, insurance, and taxes. The median rent-to-income ratio of 18.0% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

Massachusetts's top income tax rate of 9.0% is among the highest in the nation, adding to the overall cost burden. Combined with a 6.25% sales tax rate and 1.15% effective property tax rate, the overall tax environment is a factor in the total cost of living in Agawam.

Frequently Asked Questions

Common questions about living costs in Agawam

What is the cost of living in Agawam, MA?
The cost of living index in Agawam, MA is 91 (US average = 100). Median monthly rent is $1,234, median household income is $82,359/year, and the median home value is $290,000.
Is Agawam, MA affordable?
Yes, Agawam is more affordable than the national average with a cost index of 91. The rent-to-income ratio is 18.0%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Agawam, MA?
The median gross rent in Agawam, MA is $1,234 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $14,808.
What is the median household income in Agawam?
The median household income in Agawam, MA is $82,359 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Massachusetts?
Massachusetts has a top income tax rate of 9.0%, a sales tax of 6.25%, and an effective property tax rate of 1.15%.