Billerica, MA
Maps & Population Facts
Population
42,791
Population Density
1,673
Labor Participaton
70.4%
Bachelor's or Higher
33.7%
Median Household Income
$99,453
Median Individual Income
$43,000
Median Individual Income(Full-time Workers Only)
$61,725
Housing Estimates
Median House Value
$371,500
Median Gross Rent
$1,340
Median Mortgage Payment
$2,178
Housing Units
14,974
People who reside in Billerica live in:
Detached - Single Family Homes
74%
Apt, Condo, Other
26%
Analysis
Income
Households in Billerica earn significantly more money than the national median income, averaging 65% higher per household.
Housing
Billerica has a median house price of $371,500. The cost of homeownership is higher than most areas. The cost of renting in Billerica is 32% more than the national average.
Percent | |
---|---|
Renter Occupied Households | 38% |
New Construction (Built after 2000) | 12% |
Demographics
The median age in Billerica is 41. Billerica has a population that is older than in comparison to the US median age.
Billerica ranks better than average for having an educated population with more college graduates per resident than most areas.
Housing Data
Housing Comparison
Billerica | Massachusetts | USA | |
Median Property Value | 371,500 | 385,400 | 217,600 |
Median Mortgage Payment | 2,178 | 2,108 | 1,513 |
Median Gross Rent | 1,340 | 1,208 | 1,012 |
Property Vacancy | 3.3% | 10.0% | 12.6% |
% Renters | 19% | 38% | 36% |
Residents per Sq. Mi. | 1,673 | 885 | 93 |
Personal Comparison
Billerica | Massachusetts | USA | |
Median Household Income | 99,453 | 77,385 | 60,336 |
Median Individual Income | 43,000 | 41,700 | 33,646 |
Median Income (Full-Time) | 61,725 | 60,923 | 46,881 |
Median Age | 40.5 | 39.5 | 38.1 |
Labor Participation | 70.4% | 67.8% | 62.8% |
Attained College Degree | 33.7% | 43.4% | 32.0% |
Population Density Analysis
Billerica, MA
1,673
Residents per Sq. Mile
The population density of Billerica 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 +