Amherst, MA
Maps & Population Facts
Population
39,880
Population Density
1,444
Labor Participaton
56.5%
Bachelor's or Higher
66.7%
Median Household Income
$50,203
Median Individual Income
$6,577
Median Individual Income(Full-time Workers Only)
$52,881
Housing Estimates
Median House Value
$347,700
Median Gross Rent
$1,275
Median Mortgage Payment
$2,226
Housing Units
10,286
People who reside in Amherst live in:
Detached - Single Family Homes
43%
Apt, Condo, Other
57%
Analysis
Income
Households in Amherst earn less money than the national median income, averaging 17% less per household.
Housing
Amherst has a median house price of $347,700. The cost of homeownership is higher than most areas. The cost of renting in Amherst is 26% more than the national average.
Percent | |
---|---|
Renter Occupied Households | 38% |
New Construction (Built after 2000) | 7% |
Demographics
The median age in Amherst is 21. Amherst has a population that is significantly younger than in comparison to the US median age.
Amherst ranks in the highest of the nation for having an educated population with more college graduates per resident than most areas.
Housing Data
Housing Comparison
Amherst | Massachusetts | USA | |
Median Property Value | 347,700 | 385,400 | 217,600 |
Median Mortgage Payment | 2,226 | 2,108 | 1,513 |
Median Gross Rent | 1,275 | 1,208 | 1,012 |
Property Vacancy | 8.8% | 10.0% | 12.6% |
% Renters | 56% | 38% | 36% |
Residents per Sq. Mi. | 1,444 | 885 | 93 |
Personal Comparison
Amherst | Massachusetts | USA | |
Median Household Income | 50,203 | 77,385 | 60,336 |
Median Individual Income | 6,577 | 41,700 | 33,646 |
Median Income (Full-Time) | 52,881 | 60,923 | 46,881 |
Median Age | 21.4 | 39.5 | 38.1 |
Labor Participation | 56.5% | 67.8% | 62.8% |
Attained College Degree | 66.7% | 43.4% | 32.0% |
Population Density Analysis
Amherst, MA
1,444
Residents per Sq. Mile
The population density of Amherst is comparable to that of a Suburban Area.
Major City
10,000 Residents +
Mid-Sized City
5,000 Residents +
Small City
2,500 Residents +
Suburban
500 Residents +
Rural
100 Residents +
Remote
1 Residents +