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Community Characteristics

01876
Characteristics Significant Percentage of Family Households, Growing Population, Low Residential Turnover, Suburb of Boston
Closest Airport LAURENCE G (10 miles)
Closest 2 Year College MIDDLESEX COMMUNITY COLLEGE (6 miles)
Closest 4 Year College UNIVERSITY OF MASSACHUSETTS LOWELL (6 miles)
Closest Major Sports Team LOWELL SPINNERS (A) (5 mile)

Population

01876 Massachusetts
Population 29,881 6,640,744
Population Density (people/mile) 1,401 629
Population Growth (since 2000) 4% 5%
Male 14,818 3,230,444
Female 15,063 3,410,300
Median Age 39.39 38.35

Age Distribution

0-9 10-19 20-29 30-39 40-49 50-59 60-69 70-79 80+
3916 3648 2818 4375 4821 4818 3178 1429 879

Household

01876 Massachusetts
Number of Households 10,031 2,485,805
Average Household Size 2.89 2.57
Household: With Children 3,881 797,784
Household: With no Children 6,151 1,688,021
Household: Family 7,724 1,581,056
Household: Non-Family 2,307 904,749
Total Dwelling Units 10,612 2,756,545

Marital Status

Marital Status
Never Married - 22.3% 22.3%
Married - 60.0% 60.0%
Separated - 3.0% 3.0%
Widowed - 6.7% 6.7%
Divorced - 8.0% 8.0%

Housing

01876 Massachusetts
Median Home Price $284,650 $255,000
In Current Residence 5+ Years 64.55% 47.1%
Annual Residential Turnover 9.97% 14.05%
Median Years in Residence 8.98 4.67
Median Dwelling Age 30 44

Housing Type

Housing Type
Owner - 85.1% 85.1%
Renter - 9.5% 9.5%
Vacant - 5.5% 5.5%

Transportation

Travel to Work

Travel to Work
Public - 3% 3%
Drive/Carpool - 93% 93%
Walk/Bike/Other - 1% 1%
Work at home - 2% 2%

Income

01876 Massachusetts
Median Household Income $80,005 $62,695
Average Household Income $90,437 $88,458
Average Income Change (since 2000) 15% 24%
Per Capita Income $31,052 $34,268
Sales Tax Rate 6.25% N/A
Sales Tax Type PL N/A
Median Disposable Income $64,061 $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+
224 588 490 549 728 1910 3578 1679 196 87

Median Income by Age

under 25 25-34 35-44 45-54 55-64 65-74 75+
71786 75965 85515 92447 85246 64673 48684

Employment

Employment by Industry

Agriculture, Forestry and Fishing 112
Mining 6
Construction 777
Manufacturing 615
Transportation and Communications 347
Wholesale Trade 972
Retail Trade 3908
Finance, Insurance and Real Estate 521
Services 7144
Public Administration 415
Employees/Unclassified 106

Employment by Occupation

Handlers, Helpers, and Laborers 372
Transportation Material Moving Workers 386
Machine Operators, Assemblers, and Inspectors 292
Construction, Repair, and Mining: Field Based 518
Precision, Craft, and Repair: Site Based 1089
Farming Forestry and Fishing 303
Other Services: Field Based 113
Other Services: Site Based 2098
Protective Services 248
Private Household 0
Technical, Sales and Administrative 30
Administrative Support 2514
Sales Workers and Clerks 1489
Technologies and Technicians 577
Sales Professionals 362
Professional Specialty Occupations 2575
Executive, Managers, Administrators 1851

Net Worth

01876 Massachusetts
Average Household Net Worth $265,052 $268,317
Median Home Price $284,650 $255,000

Median Value of Assets (Dollars)

Any Non-Financial Assets 686900
Other Non-Financial Assets 26929
Business Equity 170273
Investment Property 89723
Home Equity 0
Vehicle Owned 21397
Any Financial Assets 129230
Other Financial Assets 15238
Other Managed Accounts 60298
Cash Value Life Insurance 11836
Retirement Accounts 83049
Mutual Funds 72775
Stocks 26354
Bonds (not US Savings) 100853
Savings Bonds 1701
Certificates of Deposit 22301
Transaction Account 12524

Median Value of Debts (Dollars)

Investment 237246
Credit Card 4429
Line of Credit 6371
Installment Loan 14967
Mortgage 282785

Cost of Living

01876 Massachusetts
Average Total Household Expenditure $65,987 $64,090
Household Expenditure Index (100=National Average) 118 115

Cost of Living Index (100=National Average)

Gifts 119
Utilities 114
Transportation 120
Tobacco 108
Reading 118
Personal Care 118
Miscellaneous Expenses 116
Household Operations 122
Shelter 118
Household Furnishings and Equipment 122
Health Care 113
Food and Beverages 116
Entertainment 119
Education 121
Apparel 117
Personal Insurance 120
Contribution 116

Climate

Average Temperature (fahrenheit)

January July
Low 15.7 60.4
High 35.2 82.5

Weather Index (100 = National Average)

Overall 101
Earthquake 85
Hail 54
Hurricane 118
Tornado 87
Wind 96