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Community Characteristics

01255
Characteristics Very Low Residential Turnover
Closest Airport BRADLEY IN (26 miles)
Closest 2 Year College NORTHWESTERN CT COMM COLL (14 miles)
Closest 4 Year College SIMONS ROCK COLLEGE OF BARD (15 miles)
Closest Major Sports Team NEW BRITAIN ROCK CATS (AA) (37 mile)

Population

01255 Massachusetts
Population 743 6,640,744
Population Density (people/mile) 15 629
Population Growth (since 2000) -4% 5%
Male 402 3,230,444
Female 341 3,410,300
Median Age 47.21 38.35

Age Distribution

0-9 10-19 20-29 30-39 40-49 50-59 60-69 70-79 80+
59 81 70 64 124 143 103 68 29

Household

01255 Massachusetts
Number of Households 311 2,485,805
Average Household Size 2.22 2.57
Household: With Children 81 797,784
Household: With no Children 231 1,688,021
Household: Family 194 1,581,056
Household: Non-Family 117 904,749
Total Dwelling Units 632 2,756,545

Marital Status

Marital Status
Never Married - 17.6% 17.6%
Married - 58.8% 58.8%
Separated - 11.0% 11.0%
Widowed - 5.5% 5.5%
Divorced - 7.2% 7.2%

Housing

01255 Massachusetts
Median Home Price $189,996 $255,000
In Current Residence 5+ Years 44.37% 47.1%
Annual Residential Turnover 8.68% 14.05%
Median Years in Residence 4.45 4.67
Median Dwelling Age 32 44

Housing Type

Housing Type
Owner - 42.4% 42.4%
Renter - 6.8% 6.8%
Vacant - 50.8% 50.8%

Transportation

Travel to Work

Travel to Work
Public - 1% 1%
Drive/Carpool - 86% 86%
Walk/Bike/Other - 3% 3%
Work at home - 10% 10%

Income

01255 Massachusetts
Median Household Income $59,166 $62,695
Average Household Income $82,841 $88,458
Average Income Change (since 2000) 28% 24%
Per Capita Income $41,016 $34,268
Sales Tax Rate 6.25% N/A
Sales Tax Type PL N/A
Median Disposable Income $49,166 $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+
14 22 22 38 36 75 59 29 15 2

Median Income by Age

under 25 25-34 35-44 45-54 55-64 65-74 75+
45000 49000 58000 69375 64167 46000 44000

Employment

Employment by Industry
Agriculture, Forestry and Fishing 0
Mining 0
Construction 14
Manufacturing 11
Transportation and Communications 1
Wholesale Trade 3
Retail Trade 24
Finance, Insurance and Real Estate 2
Services 151
Public Administration 26
Employees/Unclassified 4

Employment by Occupation
Handlers, Helpers, and Laborers 7
Transportation Material Moving Workers 3
Machine Operators, Assemblers, and Inspectors 7
Construction, Repair, and Mining: Field Based 8
Precision, Craft, and Repair: Site Based 19
Farming Forestry and Fishing 5
Other Services: Field Based 4
Other Services: Site Based 43
Protective Services 6
Private Household 0
Technical, Sales and Administrative 1
Administrative Support 30
Sales Workers and Clerks 9
Technologies and Technicians 9
Sales Professionals 2
Professional Specialty Occupations 49
Executive, Managers, Administrators 31

Net Worth

01255 Massachusetts
Average Household Net Worth $299,893 $268,317
Median Home Price $189,996 $255,000

Median Value of Assets (Dollars)
Any Non-Financial Assets 443156
Other Non-Financial Assets 23831
Business Equity 153504
Investment Property 85620
Home Equity 0
Vehicle Owned 19232
Any Financial Assets 105899
Other Financial Assets 13456
Other Managed Accounts 65222
Cash Value Life Insurance 10764
Retirement Accounts 71338
Mutual Funds 67901
Stocks 24040
Bonds (not US Savings) 89019
Savings Bonds 1706
Certificates of Deposit 21321
Transaction Account 10412

Median Value of Debts (Dollars)
Investment 102721
Credit Card 3894
Line of Credit 6179
Installment Loan 14045
Mortgage 117244

Cost of Living

01255 Massachusetts
Average Total Household Expenditure $62,232 $64,090
Household Expenditure Index (100=National Average) 111 115

Cost of Living Index (100=National Average)
Gifts 113
Utilities 110
Transportation 111
Tobacco 110
Reading 112
Personal Care 111
Miscellaneous Expenses 111
Household Operations 111
Shelter 111
Household Furnishings and Equipment 112
Health Care 112
Food and Beverages 110
Entertainment 112
Education 108
Apparel 111
Personal Insurance 112
Contribution 115

Climate

Average Temperature (fahrenheit)

January July
Low 11.9 57.9
High 29.1 78.1

Weather Index (100 = National Average)
Overall 71
Earthquake 56
Hail 37
Hurricane 96
Tornado 45
Wind 66