Grafton, MA
Maps & Population Facts
Population
18,517
Population Density
812
Labor Participaton
71.3%
Bachelor's or Higher
50.7%
Median Household Income
$100,605
Median Individual Income
$55,672
Median Individual Income(Full-time Workers Only)
$73,218
Housing Estimates
Median House Value
$352,000
Median Gross Rent
$1,121
Median Mortgage Payment
$2,177
Housing Units
7,299
People who reside in Grafton live in:
Detached - Single Family Homes
59%
Apt, Condo, Other
41%
Analysis
Income
Households in Grafton earn significantly more money than the national median income, averaging 67% higher per household.
Housing
Grafton has a median house price of $352,000. The cost of homeownership is higher than most areas. The cost of renting in Grafton is 11% more than the national average.
Percent | |
---|---|
Renter Occupied Households | 38% |
New Construction (Built after 2000) | 20% |
Demographics
The median age in Grafton is 41. Grafton has a population that is older than in comparison to the US median age.
Grafton 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
Grafton | Massachusetts | USA | |
Median Property Value | 352,000 | 385,400 | 217,600 |
Median Mortgage Payment | 2,177 | 2,108 | 1,513 |
Median Gross Rent | 1,121 | 1,208 | 1,012 |
Property Vacancy | 4.9% | 10.0% | 12.6% |
% Renters | 26% | 38% | 36% |
Residents per Sq. Mi. | 812 | 885 | 93 |
Personal Comparison
Grafton | Massachusetts | USA | |
Median Household Income | 100,605 | 77,385 | 60,336 |
Median Individual Income | 55,672 | 41,700 | 33,646 |
Median Income (Full-Time) | 73,218 | 60,923 | 46,881 |
Median Age | 41.3 | 39.5 | 38.1 |
Labor Participation | 71.3% | 67.8% | 62.8% |
Attained College Degree | 50.7% | 43.4% | 32.0% |
Population Density Analysis
Grafton, MA
812
Residents per Sq. Mile
The population density of Grafton 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 +