Berkley, MA
Maps & Population Facts
Population
6,630
Population Density
402
Labor Participaton
73.3%
Bachelor's or Higher
31.1%
Median Household Income
$89,597
Median Individual Income
$46,514
Median Individual Income(Full-time Workers Only)
$55,905
Housing Estimates
Median House Value
$343,700
Median Gross Rent
$0
Median Mortgage Payment
$1,819
Housing Units
2,402
People who reside in Berkley live in:
Detached - Single Family Homes
97%
Apt, Condo, Other
3%
Analysis
Income
Households in Berkley earn significantly more money than the national median income, averaging 48% higher per household.
Housing
Berkley has a median house price of $343,700. The cost of homeownership is higher than most areas. The cost of renting in Berkley is 1.00% less than the national average.
Percent | |
---|---|
Renter Occupied Households | 38% |
New Construction (Built after 2000) | 17% |
Demographics
The median age in Berkley is 43. Berkley has a population that is significantly older than in comparison to the US median age.
Berkley ranks average for having an educated population. The percent of residents who have a college degree is comparable with other areas.
Housing Data
Housing Comparison
Berkley | Massachusetts | USA | |
Median Property Value | 343,700 | 385,400 | 217,600 |
Median Mortgage Payment | 1,819 | 2,108 | 1,513 |
Median Gross Rent | 0 | 1,208 | 1,012 |
Property Vacancy | 0.6% | 10.0% | 12.6% |
% Renters | 4% | 38% | 36% |
Residents per Sq. Mi. | 402 | 885 | 93 |
Personal Comparison
Berkley | Massachusetts | USA | |
Median Household Income | 89,597 | 77,385 | 60,336 |
Median Individual Income | 46,514 | 41,700 | 33,646 |
Median Income (Full-Time) | 55,905 | 60,923 | 46,881 |
Median Age | 42.7 | 39.5 | 38.1 |
Labor Participation | 73.3% | 67.8% | 62.8% |
Attained College Degree | 31.1% | 43.4% | 32.0% |
Population Density Analysis
Berkley, MA
402
Residents per Sq. Mile
The population density of Berkley is comparable to that of a Rural 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 +