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Community Characteristics

01832
Characteristics Stable Population, Low Residential Turnover, Suburb of Boston
Closest Airport MANCHESTER (18 miles)
Closest 2 Year College NORTHERN ESSEX COMM COLL (4 miles)
Closest 4 Year College MERRIMACK COLLEGE (8 miles)
Closest Major Sports Team LOWELL SPINNERS (A) (13 mile)

Population

01832 Massachusetts
Population 21,867 6,640,744
Population Density (people/mile) 1,832 629
Population Growth (since 2000) 4% 5%
Male 10,633 3,230,444
Female 11,233 3,410,300
Median Age 35.1 38.35

Age Distribution

0-9 10-19 20-29 30-39 40-49 50-59 60-69 70-79 80+
2981 2758 3347 2971 3124 2839 2036 1032 779

Household

01832 Massachusetts
Number of Households 8,319 2,485,805
Average Household Size 2.61 2.57
Household: With Children 2,957 797,784
Household: With no Children 5,361 1,688,021
Household: Family 5,379 1,581,056
Household: Non-Family 2,940 904,749
Total Dwelling Units 8,946 2,756,545

Marital Status

Marital Status
Never Married - 28.2% 28.2%
Married - 50.0% 50.0%
Separated - 4.6% 4.6%
Widowed - 5.8% 5.8%
Divorced - 11.5% 11.5%

Housing

01832 Massachusetts
Median Home Price $175,000 $255,000
In Current Residence 5+ Years 46.03% 47.1%
Annual Residential Turnover 12.8% 14.05%
Median Years in Residence 4.6 4.67
Median Dwelling Age 39 44

Housing Type

Housing Type
Owner - 58.5% 58.5%
Renter - 34.5% 34.5%
Vacant - 7.0% 7.0%

Transportation

Travel to Work

Travel to Work
Public - 2% 2%
Drive/Carpool - 94% 94%
Walk/Bike/Other - 2% 2%
Work at home - 2% 2%

Income

01832 Massachusetts
Median Household Income $55,153 $62,695
Average Household Income $69,800 $88,458
Average Income Change (since 2000) 13% 24%
Per Capita Income $27,055 $34,268
Sales Tax Rate 6.25% N/A
Sales Tax Type PL N/A
Median Disposable Income $46,157 $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+
594 898 753 691 828 1863 1909 593 91 100

Median Income by Age

under 25 25-34 35-44 45-54 55-64 65-74 75+
30606 51961 63601 66660 62448 44213 26324

Employment

Employment by Industry
Agriculture, Forestry and Fishing 35
Mining 0
Construction 262
Manufacturing 801
Transportation and Communications 73
Wholesale Trade 360
Retail Trade 1759
Finance, Insurance and Real Estate 238
Services 1699
Public Administration 43
Employees/Unclassified 16

Employment by Occupation
Handlers, Helpers, and Laborers 165
Transportation Material Moving Workers 165
Machine Operators, Assemblers, and Inspectors 194
Construction, Repair, and Mining: Field Based 201
Precision, Craft, and Repair: Site Based 532
Farming Forestry and Fishing 107
Other Services: Field Based 36
Other Services: Site Based 819
Protective Services 81
Private Household 0
Technical, Sales and Administrative 9
Administrative Support 871
Sales Workers and Clerks 570
Technologies and Technicians 90
Sales Professionals 146
Professional Specialty Occupations 670
Executive, Managers, Administrators 613

Net Worth

01832 Massachusetts
Average Household Net Worth $177,812 $268,317
Median Home Price $175,000 $255,000

Median Value of Assets (Dollars)
Any Non-Financial Assets 488256
Other Non-Financial Assets 18839
Business Equity 119356
Investment Property 75839
Home Equity 0
Vehicle Owned 17331
Any Financial Assets 81607
Other Financial Assets 10392
Other Managed Accounts 61874
Cash Value Life Insurance 8754
Retirement Accounts 57759
Mutual Funds 57068
Stocks 18613
Bonds (not US Savings) 67691
Savings Bonds 1459
Certificates of Deposit 19038
Transaction Account 8253

Median Value of Debts (Dollars)
Investment 177031
Credit Card 3453
Line of Credit 4498
Installment Loan 13344
Mortgage 188891

Cost of Living

01832 Massachusetts
Average Total Household Expenditure $54,775 $64,090
Household Expenditure Index (100=National Average) 98 115

Cost of Living Index (100=National Average)
Gifts 94
Utilities 100
Transportation 100
Tobacco 102
Reading 98
Personal Care 99
Miscellaneous Expenses 99
Household Operations 95
Shelter 97
Household Furnishings and Equipment 97
Health Care 99
Food and Beverages 99
Entertainment 98
Education 93
Apparel 98
Personal Insurance 94
Contribution 90

Climate

Average Temperature (fahrenheit)

January July
Low 15.6 60.8
High 34.9 83.5

Weather Index (100 = National Average)
Overall 80
Earthquake 92
Hail 38
Hurricane 105
Tornado 56
Wind 76