Beverly, MA
Maps & Population Facts
Population
41,431
Population Density
2,746
Labor Participaton
67.7%
Bachelor's or Higher
48.1%
Median Household Income
$77,893
Median Individual Income
$39,161
Median Individual Income(Full-time Workers Only)
$62,917
Housing Estimates
Median House Value
$392,900
Median Gross Rent
$1,141
Median Mortgage Payment
$2,277
Housing Units
17,295
People who reside in Beverly live in:
Detached - Single Family Homes
53%
Apt, Condo, Other
47%
Analysis
Income
Households in Beverly earn significantly more money than the national median income, averaging 29% higher per household.
Housing
Beverly has a median house price of $392,900. The cost of homeownership is higher than most areas. The cost of renting in Beverly is 13% more than the national average.
Percent | |
---|---|
Renter Occupied Households | 38% |
New Construction (Built after 2000) | 6% |
Demographics
The median age in Beverly is 41. Beverly has a population that is older than in comparison to the US median age.
Beverly 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
Beverly | Massachusetts | USA | |
Median Property Value | 392,900 | 385,400 | 217,600 |
Median Mortgage Payment | 2,277 | 2,108 | 1,513 |
Median Gross Rent | 1,141 | 1,208 | 1,012 |
Property Vacancy | 5.1% | 10.0% | 12.6% |
% Renters | 39% | 38% | 36% |
Residents per Sq. Mi. | 2,746 | 885 | 93 |
Personal Comparison
Beverly | Massachusetts | USA | |
Median Household Income | 77,893 | 77,385 | 60,336 |
Median Individual Income | 39,161 | 41,700 | 33,646 |
Median Income (Full-Time) | 62,917 | 60,923 | 46,881 |
Median Age | 40.9 | 39.5 | 38.1 |
Labor Participation | 67.7% | 67.8% | 62.8% |
Attained College Degree | 48.1% | 43.4% | 32.0% |
Population Density Analysis
Beverly, MA
2,746
Residents per Sq. Mile
The population density of Beverly is comparable to that of a Small City.
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 +