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Community Characteristics

01532
Characteristics Significant Percentage of Family Households, Growing Population, Low Residential Turnover, Suburb of Boston
Closest Airport LAURENCE G (20 miles)
Closest 2 Year College QUINSIGAMOND COMMUNITY COLLEGE (8 miles)
Closest 4 Year College UNIVERSITY OF PHOENIX CTRL MA (4 miles)
Closest Major Sports Team NEW ENGLAND PATRIOTS (25 mile)

Population

01532 Massachusetts
Population 15,691 6,640,744
Population Density (people/mile) 803 629
Population Growth (since 2000) 11% 5%
Male 7,799 3,230,444
Female 7,892 3,410,300
Median Age 39.66 38.35

Age Distribution

0-9 10-19 20-29 30-39 40-49 50-59 60-69 70-79 80+
2228 2150 1303 1990 2828 2635 1515 694 349

Household

01532 Massachusetts
Number of Households 5,328 2,485,805
Average Household Size 2.92 2.57
Household: With Children 2,316 797,784
Household: With no Children 3,012 1,688,021
Household: Family 4,146 1,581,056
Household: Non-Family 1,182 904,749
Total Dwelling Units 5,626 2,756,545

Marital Status

Marital Status
Never Married - 19.9% 19.9%
Married - 65.2% 65.2%
Separated - 3.2% 3.2%
Widowed - 4.4% 4.4%
Divorced - 7.2% 7.2%

Housing

01532 Massachusetts
Median Home Price $315,000 $255,000
In Current Residence 5+ Years 56.49% 47.1%
Annual Residential Turnover 11.75% 14.05%
Median Years in Residence 6.75 4.67
Median Dwelling Age 29 44

Housing Type

Housing Type
Owner - 81.1% 81.1%
Renter - 13.6% 13.6%
Vacant - 5.3% 5.3%

Transportation

Travel to Work

Travel to Work
Public - 1% 1%
Drive/Carpool - 95% 95%
Walk/Bike/Other - 0% 0%
Work at home - 4% 4%

Income

01532 Massachusetts
Median Household Income $110,729 $62,695
Average Household Income $129,219 $88,458
Average Income Change (since 2000) 40% 24%
Per Capita Income $44,086 $34,268
Sales Tax Rate 6.25% N/A
Sales Tax Type PL N/A
Median Disposable Income $84,891 $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+
81 154 216 212 233 649 1583 1596 535 70

Median Income by Age

under 25 25-34 35-44 45-54 55-64 65-74 75+
80556 87500 113131 126241 115818 85563 79167

Employment

Employment by Industry

Agriculture, Forestry and Fishing 135
Mining 12
Construction 217
Manufacturing 561
Transportation and Communications 191
Wholesale Trade 914
Retail Trade 1862
Finance, Insurance and Real Estate 747
Services 3100
Public Administration 155
Employees/Unclassified 30

Employment by Occupation

Handlers, Helpers, and Laborers 183
Transportation Material Moving Workers 201
Machine Operators, Assemblers, and Inspectors 154
Construction, Repair, and Mining: Field Based 233
Precision, Craft, and Repair: Site Based 633
Farming Forestry and Fishing 220
Other Services: Field Based 39
Other Services: Site Based 1110
Protective Services 129
Private Household 0
Technical, Sales and Administrative 15
Administrative Support 1458
Sales Workers and Clerks 711
Technologies and Technicians 256
Sales Professionals 219
Professional Specialty Occupations 1261
Executive, Managers, Administrators 1074

Net Worth

01532 Massachusetts
Average Household Net Worth $491,250 $268,317
Median Home Price $315,000 $255,000

Median Value of Assets (Dollars)

Any Non-Financial Assets 673130
Other Non-Financial Assets 37150
Business Equity 241260
Investment Property 107700
Home Equity 0
Vehicle Owned 24085
Any Financial Assets 186795
Other Financial Assets 21545
Other Managed Accounts 65795
Cash Value Life Insurance 15315
Retirement Accounts 108197
Mutual Funds 95962
Stocks 36832
Bonds (not US Savings) 135180
Savings Bonds 1855
Certificates of Deposit 26331
Transaction Account 17575

Median Value of Debts (Dollars)

Investment 149630
Credit Card 5084
Line of Credit 8873
Installment Loan 15710
Mortgage 183596

Cost of Living

01532 Massachusetts
Average Total Household Expenditure $84,183 $64,090
Household Expenditure Index (100=National Average) 150 115

Cost of Living Index (100=National Average)

Gifts 170
Utilities 136
Transportation 146
Tobacco 117
Reading 151
Personal Care 148
Miscellaneous Expenses 142
Household Operations 169
Shelter 153
Household Furnishings and Equipment 159
Health Care 136
Food and Beverages 143
Entertainment 153
Education 179
Apparel 152
Personal Insurance 170
Contribution 175

Climate

Average Temperature (fahrenheit)

January July
Low 15.2 62.7
High 33.2 81

Weather Index (100 = National Average)

Overall 105
Earthquake 65
Hail 100
Hurricane 132
Tornado 69
Wind 100