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Community Characteristics

01950
Characteristics Stable Population, Low Residential Turnover, Coastal Area, Suburb of Boston
Closest Airport PORTSMOUTH (19 miles)
Closest 2 Year College NORTHERN ESSEX COMM COLL (11 miles)
Closest 4 Year College GORDON COLLEGE (15 miles)
Closest Major Sports Team LOWELL SPINNERS (A) (27 mile)

Population

01950 Massachusetts
Population 17,805 6,640,744
Population Density (people/mile) 1,916 629
Population Growth (since 2000) 3% 5%
Male 8,393 3,230,444
Female 9,412 3,410,300
Median Age 44.13 38.35

Age Distribution

0-9 10-19 20-29 30-39 40-49 50-59 60-69 70-79 80+
1750 1891 1573 2234 3073 3461 1973 973 880

Household

01950 Massachusetts
Number of Households 7,478 2,485,805
Average Household Size 2.32 2.57
Household: With Children 2,015 797,784
Household: With no Children 5,464 1,688,021
Household: Family 4,405 1,581,056
Household: Non-Family 3,073 904,749
Total Dwelling Units 8,153 2,756,545

Marital Status

Marital Status
Never Married - 26.6% 26.6%
Married - 52.4% 52.4%
Separated - 3.3% 3.3%
Widowed - 7.0% 7.0%
Divorced - 10.7% 10.7%

Housing

01950 Massachusetts
Median Home Price $355,000 $255,000
In Current Residence 5+ Years 45.61% 47.1%
Annual Residential Turnover 15.32% 14.05%
Median Years in Residence 4.55 4.67
Median Dwelling Age 61 44

Housing Type

Housing Type
Owner - 63.9% 63.9%
Renter - 27.8% 27.8%
Vacant - 8.3% 8.3%

Transportation

Travel to Work

Travel to Work
Public - 3% 3%
Drive/Carpool - 87% 87%
Walk/Bike/Other - 4% 4%
Work at home - 6% 6%

Income

01950 Massachusetts
Median Household Income $77,526 $62,695
Average Household Income $103,520 $88,458
Average Income Change (since 2000) 33% 24%
Per Capita Income $43,829 $34,268
Sales Tax Rate 6.25% N/A
Sales Tax Type PL N/A
Median Disposable Income $62,228 $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+
306 505 494 561 613 1119 1972 1326 432 150

Median Income by Age

under 25 25-34 35-44 45-54 55-64 65-74 75+
43000 63106 86996 96814 86100 54167 36983

Employment

Employment by Industry
Agriculture, Forestry and Fishing 60
Mining 16
Construction 328
Manufacturing 2653
Transportation and Communications 362
Wholesale Trade 484
Retail Trade 2780
Finance, Insurance and Real Estate 827
Services 5806
Public Administration 312
Employees/Unclassified 66

Employment by Occupation
Handlers, Helpers, and Laborers 363
Transportation Material Moving Workers 359
Machine Operators, Assemblers, and Inspectors 429
Construction, Repair, and Mining: Field Based 379
Precision, Craft, and Repair: Site Based 1127
Farming Forestry and Fishing 252
Other Services: Field Based 83
Other Services: Site Based 1876
Protective Services 191
Private Household 1
Technical, Sales and Administrative 38
Administrative Support 2526
Sales Workers and Clerks 1112
Technologies and Technicians 547
Sales Professionals 311
Professional Specialty Occupations 2340
Executive, Managers, Administrators 1695

Net Worth

01950 Massachusetts
Average Household Net Worth $337,742 $268,317
Median Home Price $355,000 $255,000

Median Value of Assets (Dollars)
Any Non-Financial Assets 656135
Other Non-Financial Assets 28968
Business Equity 187631
Investment Property 93430
Home Equity 0
Vehicle Owned 20939
Any Financial Assets 139939
Other Financial Assets 16583
Other Managed Accounts 64552
Cash Value Life Insurance 12334
Retirement Accounts 85698
Mutual Funds 79177
Stocks 28803
Bonds (not US Savings) 105441
Savings Bonds 1727
Certificates of Deposit 23208
Transaction Account 13409

Median Value of Debts (Dollars)
Investment 198815
Credit Card 4329
Line of Credit 6908
Installment Loan 14562
Mortgage 228357

Cost of Living

01950 Massachusetts
Average Total Household Expenditure $72,430 $64,090
Household Expenditure Index (100=National Average) 129 115

Cost of Living Index (100=National Average)
Gifts 139
Utilities 124
Transportation 127
Tobacco 115
Reading 131
Personal Care 129
Miscellaneous Expenses 127
Household Operations 137
Shelter 131
Household Furnishings and Equipment 134
Health Care 124
Food and Beverages 126
Entertainment 131
Education 142
Apparel 130
Personal Insurance 138
Contribution 142

Climate

Average Temperature (fahrenheit)

January July
Low 15.6 60.8
High 34.9 83.5

Weather Index (100 = National Average)
Overall 79
Earthquake 97
Hail 62
Hurricane 115
Tornado 33
Wind 92