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Community Characteristics

02703
Characteristics Stable Population, Low Residential Turnover, Suburb of Boston
Closest Airport THEODORE F (16 miles)
Closest 2 Year College DEAN COLLEGE (11 miles)
Closest 4 Year College WHEATON COLLEGE (6 miles)
Closest Major Sports Team PAWTUCKET RED SOX (AAA) (6 mile)

Population

02703 Massachusetts
Population 42,241 6,640,744
Population Density (people/mile) 1,456 629
Population Growth (since 2000) 1% 5%
Male 20,684 3,230,444
Female 21,600 3,410,300
Median Age 38.17 38.35

Age Distribution

0-9 10-19 20-29 30-39 40-49 50-59 60-69 70-79 80+
5319 5285 5135 5901 6600 5796 4212 2234 1803

Household

02703 Massachusetts
Number of Households 15,902 2,485,805
Average Household Size 2.6 2.57
Household: With Children 5,544 797,784
Household: With no Children 10,358 1,688,021
Household: Family 10,719 1,581,056
Household: Non-Family 5,183 904,749
Total Dwelling Units 16,902 2,756,545

Marital Status

Marital Status
Never Married - 25.5% 25.5%
Married - 55.0% 55.0%
Separated - 3.7% 3.7%
Widowed - 7.0% 7.0%
Divorced - 8.7% 8.7%

Housing

02703 Massachusetts
Median Home Price $202,000 $255,000
In Current Residence 5+ Years 48.42% 47.1%
Annual Residential Turnover 12.07% 14.05%
Median Years in Residence 4.83 4.67
Median Dwelling Age 38 44

Housing Type

Housing Type
Owner - 62.6% 62.6%
Renter - 31.5% 31.5%
Vacant - 5.9% 5.9%

Transportation

Travel to Work

Travel to Work
Public - 5% 5%
Drive/Carpool - 90% 90%
Walk/Bike/Other - 2% 2%
Work at home - 2% 2%

Income

02703 Massachusetts
Median Household Income $61,626 $62,695
Average Household Income $78,307 $88,458
Average Income Change (since 2000) 21% 24%
Per Capita Income $30,628 $34,268
Sales Tax Rate 6.25% N/A
Sales Tax Type PL N/A
Median Disposable Income $51,065 $51,960

Household Income by Dollar Range

under $10K $10-20K $20-30K $30-40K $40-50K $50-75K $75-125K $125-200K $200-500K $500K+
745 1245 1291 1366 1494 3428 4059 1990 219 64

Median Income by Age

under 25 25-34 35-44 45-54 55-64 65-74 75+
42333 56125 69572 78189 68746 46608 34934

Employment

Employment by Industry
Agriculture, Forestry and Fishing 124
Mining 0
Construction 611
Manufacturing 8347
Transportation and Communications 357
Wholesale Trade 773
Retail Trade 4586
Finance, Insurance and Real Estate 694
Services 7933
Public Administration 682
Employees/Unclassified 47

Employment by Occupation
Handlers, Helpers, and Laborers 654
Transportation Material Moving Workers 649
Machine Operators, Assemblers, and Inspectors 816
Construction, Repair, and Mining: Field Based 673
Precision, Craft, and Repair: Site Based 2434
Farming Forestry and Fishing 482
Other Services: Field Based 192
Other Services: Site Based 3112
Protective Services 430
Private Household 1
Technical, Sales and Administrative 46
Administrative Support 3837
Sales Workers and Clerks 1762
Technologies and Technicians 946
Sales Professionals 429
Professional Specialty Occupations 4673
Executive, Managers, Administrators 2970

Net Worth

02703 Massachusetts
Average Household Net Worth $262,751 $268,317
Median Home Price $202,000 $255,000

Median Value of Assets (Dollars)
Any Non-Financial Assets 466899
Other Non-Financial Assets 22388
Business Equity 143358
Investment Property 81467
Home Equity 0
Vehicle Owned 18836
Any Financial Assets 101950
Other Financial Assets 12533
Other Managed Accounts 61569
Cash Value Life Insurance 10035
Retirement Accounts 67899
Mutual Funds 64401
Stocks 22142
Bonds (not US Savings) 80781
Savings Bonds 1588
Certificates of Deposit 20390
Transaction Account 10071

Median Value of Debts (Dollars)
Investment 131820
Credit Card 3808
Line of Credit 5335
Installment Loan 13945
Mortgage 146147

Cost of Living

02703 Massachusetts
Average Total Household Expenditure $59,467 $64,090
Household Expenditure Index (100=National Average) 106 115

Cost of Living Index (100=National Average)
Gifts 105
Utilities 106
Transportation 108
Tobacco 105
Reading 107
Personal Care 107
Miscellaneous Expenses 106
Household Operations 106
Shelter 106
Household Furnishings and Equipment 107
Health Care 106
Food and Beverages 106
Entertainment 106
Education 105
Apparel 106
Personal Insurance 105
Contribution 103

Climate

Average Temperature (fahrenheit)

January July
Low 17.8 61.4
High 37 83

Weather Index (100 = National Average)
Overall 101
Earthquake 63
Hail 144
Hurricane 139
Tornado 33
Wind 192