Boxborough, MA
Maps & Population Facts
Population
5,546
Population Density
539
Labor Participaton
72.7%
Bachelor's or Higher
71.8%
Median Household Income
$101,077
Median Individual Income
$60,785
Median Individual Income(Full-time Workers Only)
$99,276
Housing Estimates
Median House Value
$506,700
Median Gross Rent
$1,010
Median Mortgage Payment
$2,394
Housing Units
2,351
People who reside in Boxborough live in:
Detached - Single Family Homes
54%
Apt, Condo, Other
46%
Analysis
Income
Households in Boxborough earn significantly more money than the national median income, averaging 68% higher per household.
Housing
Boxborough has a median house price of $506,700, which makes it one of the most expensive places in the United States to own property. The cost of renting in Boxborough is % less than the national average.
| Percent | |
|---|---|
| Renter Occupied Households | 38% |
| New Construction (Built after 2000) | 9% |
Demographics
The median age in Boxborough is 44. Boxborough has a population that is significantly older than in comparison to the US median age.
Boxborough 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
| Boxborough | Massachusetts | USA | |
| Median Property Value | 506,700 | 385,400 | 217,600 |
| Median Mortgage Payment | 2,394 | 2,108 | 1,513 |
| Median Gross Rent | 1,010 | 1,208 | 1,012 |
| Property Vacancy | 2.7% | 10.0% | 12.6% |
| % Renters | 26% | 38% | 36% |
| Residents per Sq. Mi. | 539 | 885 | 93 |
Personal Comparison
| Boxborough | Massachusetts | USA | |
| Median Household Income | 101,077 | 77,385 | 60,336 |
| Median Individual Income | 60,785 | 41,700 | 33,646 |
| Median Income (Full-Time) | 99,276 | 60,923 | 46,881 |
| Median Age | 43.5 | 39.5 | 38.1 |
| Labor Participation | 72.7% | 67.8% | 62.8% |
| Attained College Degree | 71.8% | 43.4% | 32.0% |
Population Density Analysis
Boxborough, MA
539
Residents per Sq. Mile
The population density of Boxborough 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 +