Dracut, MA
Maps & Population Facts
Population
31,113
Population Density
1,505
Labor Participaton
71.2%
Bachelor's or Higher
27.0%
Median Household Income
$86,697
Median Individual Income
$42,781
Median Individual Income(Full-time Workers Only)
$60,395
Housing Estimates
Median House Value
$304,800
Median Gross Rent
$1,281
Median Mortgage Payment
$1,950
Housing Units
11,543
People who reside in Dracut live in:
Detached - Single Family Homes
67%
Apt, Condo, Other
33%
Analysis
Income
Households in Dracut earn significantly more money than the national median income, averaging 44% higher per household.
Housing
Dracut has a median house price of $304,800. The cost of homeownership is higher than most areas. The cost of renting in Dracut is 27% more than the national average.
Percent | |
---|---|
Renter Occupied Households | 38% |
New Construction (Built after 2000) | 11% |
Demographics
The median age in Dracut is 40. The age of the general population in Dracut is comparable with with the national average.
Dracut ranks worse than average for having an educated population with less college graduates per resident than most areas.
Housing Data
Housing Comparison
Dracut | Massachusetts | USA | |
Median Property Value | 304,800 | 385,400 | 217,600 |
Median Mortgage Payment | 1,950 | 2,108 | 1,513 |
Median Gross Rent | 1,281 | 1,208 | 1,012 |
Property Vacancy | 2.7% | 10.0% | 12.6% |
% Renters | 24% | 38% | 36% |
Residents per Sq. Mi. | 1,505 | 885 | 93 |
Personal Comparison
Dracut | Massachusetts | USA | |
Median Household Income | 86,697 | 77,385 | 60,336 |
Median Individual Income | 42,781 | 41,700 | 33,646 |
Median Income (Full-Time) | 60,395 | 60,923 | 46,881 |
Median Age | 40.1 | 39.5 | 38.1 |
Labor Participation | 71.2% | 67.8% | 62.8% |
Attained College Degree | 27.0% | 43.4% | 32.0% |
Population Density Analysis
Dracut, MA
1,505
Residents per Sq. Mile
The population density of Dracut 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 +