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Community Characteristics

02050
Characteristics Stable Population, Low Residential Turnover, Coastal Area, Suburb of Boston
Closest Airport GENERAL ED (23 miles)
Closest 2 Year College MASSASOIT COMMUNITY COLLEGE (14 miles)
Closest 4 Year College BRIDGEWATER STATE COLLEGE (15 miles)
Closest Major Sports Team BOSTON CELTICS / BOSTON BRUINS (25 mile)

Population

02050 Massachusetts
Population 26,115 6,640,744
Population Density (people/mile) 884 629
Population Growth (since 2000) 6% 5%
Male 12,838 3,230,444
Female 13,277 3,410,300
Median Age 40.87 38.35

Age Distribution

0-9 10-19 20-29 30-39 40-49 50-59 60-69 70-79 80+
3427 3448 2518 2880 4485 4492 2880 1334 647

Household

02050 Massachusetts
Number of Households 9,488 2,485,805
Average Household Size 2.75 2.57
Household: With Children 3,437 797,784
Household: With no Children 6,050 1,688,021
Household: Family 6,780 1,581,056
Household: Non-Family 2,708 904,749
Total Dwelling Units 10,913 2,756,545

Marital Status

Marital Status
Never Married - 24.8% 24.8%
Married - 58.6% 58.6%
Separated - 2.5% 2.5%
Widowed - 6.3% 6.3%
Divorced - 7.8% 7.8%

Housing

02050 Massachusetts
Median Home Price $337,250 $255,000
In Current Residence 5+ Years 52.56% 47.1%
Annual Residential Turnover 11.94% 14.05%
Median Years in Residence 5.73 4.67
Median Dwelling Age 35 44

Housing Type

Housing Type
Owner - 71.9% 71.9%
Renter - 15.0% 15.0%
Vacant - 13.1% 13.1%

Transportation

Travel to Work

Travel to Work
Public - 3% 3%
Drive/Carpool - 93% 93%
Walk/Bike/Other - 1% 1%
Work at home - 3% 3%

Income

02050 Massachusetts
Median Household Income $85,227 $62,695
Average Household Income $106,992 $88,458
Average Income Change (since 2000) 28% 24%
Per Capita Income $38,899 $34,268
Sales Tax Rate 6.25% N/A
Sales Tax Type PL N/A
Median Disposable Income $67,789 $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+
324 459 447 540 600 1619 2891 1981 525 102

Median Income by Age

under 25 25-34 35-44 45-54 55-64 65-74 75+
48235 72987 90954 103243 93378 67238 49231

Employment

Employment by Industry
Agriculture, Forestry and Fishing 108
Mining 0
Construction 436
Manufacturing 611
Transportation and Communications 189
Wholesale Trade 456
Retail Trade 1255
Finance, Insurance and Real Estate 591
Services 2297
Public Administration 1191
Employees/Unclassified 38

Employment by Occupation
Handlers, Helpers, and Laborers 159
Transportation Material Moving Workers 174
Machine Operators, Assemblers, and Inspectors 104
Construction, Repair, and Mining: Field Based 271
Precision, Craft, and Repair: Site Based 496
Farming Forestry and Fishing 177
Other Services: Field Based 34
Other Services: Site Based 918
Protective Services 123
Private Household 0
Technical, Sales and Administrative 24
Administrative Support 1335
Sales Workers and Clerks 490
Technologies and Technicians 267
Sales Professionals 145
Professional Specialty Occupations 1375
Executive, Managers, Administrators 1040

Net Worth

02050 Massachusetts
Average Household Net Worth $366,894 $268,317
Median Home Price $337,250 $255,000

Median Value of Assets (Dollars)
Any Non-Financial Assets 627593
Other Non-Financial Assets 30278
Business Equity 195105
Investment Property 95883
Home Equity 0
Vehicle Owned 21942
Any Financial Assets 147665
Other Financial Assets 17365
Other Managed Accounts 63456
Cash Value Life Insurance 12940
Retirement Accounts 90569
Mutual Funds 81066
Stocks 29979
Bonds (not US Savings) 111380
Savings Bonds 1753
Certificates of Deposit 23645
Transaction Account 14116

Median Value of Debts (Dollars)
Investment 172087
Credit Card 4566
Line of Credit 7300
Installment Loan 15035
Mortgage 203931

Cost of Living

02050 Massachusetts
Average Total Household Expenditure $74,081 $64,090
Household Expenditure Index (100=National Average) 132 115

Cost of Living Index (100=National Average)
Gifts 143
Utilities 124
Transportation 131
Tobacco 114
Reading 133
Personal Care 131
Miscellaneous Expenses 128
Household Operations 143
Shelter 134
Household Furnishings and Equipment 138
Health Care 124
Food and Beverages 128
Entertainment 134
Education 147
Apparel 133
Personal Insurance 143
Contribution 146

Climate

Average Temperature (fahrenheit)

January July
Low 20.3 62.5
High 38.3 82

Weather Index (100 = National Average)
Overall 89
Earthquake 70
Hail 50
Hurricane 140
Tornado 22
Wind 110