Fairhaven, MA
Maps & Population Facts
Population
16,027
Population Density
1,294
Labor Participaton
61.4%
Bachelor's or Higher
30.0%
Median Household Income
$62,090
Median Individual Income
$39,835
Median Individual Income(Full-time Workers Only)
$54,913
Housing Estimates
Median House Value
$270,800
Median Gross Rent
$886
Median Mortgage Payment
$1,698
Housing Units
7,188
People who reside in Fairhaven live in:
Detached - Single Family Homes
73%
Apt, Condo, Other
27%
Analysis
Income
Households in Fairhaven earn more money than the national median income, averaging 3% higher per household.
Housing
Fairhaven has a median house price of $270,800. The cost of homeownership is slightly higher than most areas. The cost of renting in Fairhaven is 12% less than the national average.
| Percent | |
|---|---|
| Renter Occupied Households | 38% |
| New Construction (Built after 2000) | 7% |
Demographics
The median age in Fairhaven is 47. Fairhaven has a population that is significantly older than in comparison to the US median age.
Fairhaven 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
| Fairhaven | Massachusetts | USA | |
| Median Property Value | 270,800 | 385,400 | 217,600 |
| Median Mortgage Payment | 1,698 | 2,108 | 1,513 |
| Median Gross Rent | 886 | 1,208 | 1,012 |
| Property Vacancy | 9.5% | 10.0% | 12.6% |
| % Renters | 25% | 38% | 36% |
| Residents per Sq. Mi. | 1,294 | 885 | 93 |
Personal Comparison
| Fairhaven | Massachusetts | USA | |
| Median Household Income | 62,090 | 77,385 | 60,336 |
| Median Individual Income | 39,835 | 41,700 | 33,646 |
| Median Income (Full-Time) | 54,913 | 60,923 | 46,881 |
| Median Age | 46.7 | 39.5 | 38.1 |
| Labor Participation | 61.4% | 67.8% | 62.8% |
| Attained College Degree | 30.0% | 43.4% | 32.0% |
Population Density Analysis
Fairhaven, MA
1,294
Residents per Sq. Mile
The population density of Fairhaven 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 +