Click on the tabs below for more information.

Community Characteristics

01945
Characteristics Close to Military Facility(ies), Stable Population, Very Low Residential Turnover, Coastal Area, Suburb of Boston
Closest Airport GENERAL ED (12 miles)
Closest 2 Year College MARIAN COURT COLLEGE (3 miles)
Closest 4 Year College SALEM STATE COLLEGE (1 mile)
Closest Major Sports Team BOSTON CELTICS / BOSTON BRUINS (14 mile)

Population

01945 Massachusetts
Population 20,027 6,640,744
Population Density (people/mile) 4,490 629
Population Growth (since 2000) -1% 5%
Male 9,582 3,230,444
Female 10,445 3,410,300
Median Age 45.52 38.35

Age Distribution

0-9 10-19 20-29 30-39 40-49 50-59 60-69 70-79 80+
2313 2197 1306 2177 3357 3977 2486 1255 960

Household

01945 Massachusetts
Number of Households 8,174 2,485,805
Average Household Size 2.43 2.57
Household: With Children 2,508 797,784
Household: With no Children 5,665 1,688,021
Household: Family 5,325 1,581,056
Household: Non-Family 2,849 904,749
Total Dwelling Units 8,865 2,756,545

Marital Status

Marital Status
Never Married - 21.3% 21.3%
Married - 59.8% 59.8%
Separated - 3.0% 3.0%
Widowed - 7.0% 7.0%
Divorced - 8.8% 8.8%

Housing

01945 Massachusetts
Median Home Price $453,100 $255,000
In Current Residence 5+ Years 55.55% 47.1%
Annual Residential Turnover 9.41% 14.05%
Median Years in Residence 6.63 4.67
Median Dwelling Age 55 44

Housing Type

Housing Type
Owner - 70.9% 70.9%
Renter - 21.3% 21.3%
Vacant - 7.8% 7.8%

Transportation

Travel to Work

Travel to Work
Public - 6% 6%
Drive/Carpool - 83% 83%
Walk/Bike/Other - 5% 5%
Work at home - 7% 7%

Income

01945 Massachusetts
Median Household Income $108,235 $62,695
Average Household Income $149,125 $88,458
Average Income Change (since 2000) 46% 24%
Per Capita Income $61,619 $34,268
Sales Tax Rate 6.25% N/A
Sales Tax Type PL N/A
Median Disposable Income $82,923 $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+
274 453 366 419 401 1076 1703 2004 1094 383

Median Income by Age

under 25 25-34 35-44 45-54 55-64 65-74 75+
51667 75281 113657 129007 119870 82237 68214

Employment

Employment by Industry
Agriculture, Forestry and Fishing 77
Mining 6
Construction 243
Manufacturing 577
Transportation and Communications 322
Wholesale Trade 149
Retail Trade 1170
Finance, Insurance and Real Estate 552
Services 3482
Public Administration 320
Employees/Unclassified 101

Employment by Occupation
Handlers, Helpers, and Laborers 134
Transportation Material Moving Workers 149
Machine Operators, Assemblers, and Inspectors 125
Construction, Repair, and Mining: Field Based 190
Precision, Craft, and Repair: Site Based 444
Farming Forestry and Fishing 129
Other Services: Field Based 85
Other Services: Site Based 990
Protective Services 111
Private Household 0
Technical, Sales and Administrative 32
Administrative Support 1312
Sales Workers and Clerks 489
Technologies and Technicians 205
Sales Professionals 143
Professional Specialty Occupations 1363
Executive, Managers, Administrators 995

Net Worth

01945 Massachusetts
Average Household Net Worth $470,220 $268,317
Median Home Price $453,100 $255,000

Median Value of Assets (Dollars)
Any Non-Financial Assets 785559
Other Non-Financial Assets 37018
Business Equity 243759
Investment Property 108224
Home Equity 0
Vehicle Owned 23163
Any Financial Assets 183985
Other Financial Assets 21588
Other Managed Accounts 69621
Cash Value Life Insurance 15145
Retirement Accounts 105677
Mutual Funds 97285
Stocks 37154
Bonds (not US Savings) 132546
Savings Bonds 1932
Certificates of Deposit 26525
Transaction Account 17288

Median Value of Debts (Dollars)
Investment 212033
Credit Card 4866
Line of Credit 9044
Installment Loan 15213
Mortgage 252424

Cost of Living

01945 Massachusetts
Average Total Household Expenditure $93,813 $64,090
Household Expenditure Index (100=National Average) 168 115

Cost of Living Index (100=National Average)
Gifts 195
Utilities 151
Transportation 159
Tobacco 130
Reading 170
Personal Care 164
Miscellaneous Expenses 158
Household Operations 191
Shelter 171
Household Furnishings and Equipment 177
Health Care 152
Food and Beverages 158
Entertainment 171
Education 205
Apparel 170
Personal Insurance 195
Contribution 207

Climate

Average Temperature (fahrenheit)

January July
Low 20.4 63
High 37.1 82.1

Weather Index (100 = National Average)
Overall 92
Earthquake 87
Hail 78
Hurricane 137
Tornado 29
Wind 134