Groveland, MA
Maps & Population Facts
Population
6,697
Population Density
754
Labor Participaton
66.5%
Bachelor's or Higher
40.0%
Median Household Income
$95,031
Median Individual Income
$40,531
Median Individual Income(Full-time Workers Only)
$60,857
Housing Estimates
Median House Value
$381,100
Median Gross Rent
$1,272
Median Mortgage Payment
$2,266
Housing Units
2,467
People who reside in Groveland live in:
Detached - Single Family Homes
75%
Apt, Condo, Other
25%
Analysis
Income
Households in Groveland earn significantly more money than the national median income, averaging 58% higher per household.
Housing
Groveland has a median house price of $381,100. The cost of homeownership is higher than most areas. The cost of renting in Groveland is 26% more than the national average.
Percent | |
---|---|
Renter Occupied Households | 38% |
New Construction (Built after 2000) | 16% |
Demographics
The median age in Groveland is 45. Groveland has a population that is significantly older than in comparison to the US median age.
Groveland 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
Groveland | Massachusetts | USA | |
Median Property Value | 381,100 | 385,400 | 217,600 |
Median Mortgage Payment | 2,266 | 2,108 | 1,513 |
Median Gross Rent | 1,272 | 1,208 | 1,012 |
Property Vacancy | 5.2% | 10.0% | 12.6% |
% Renters | 16% | 38% | 36% |
Residents per Sq. Mi. | 754 | 885 | 93 |
Personal Comparison
Groveland | Massachusetts | USA | |
Median Household Income | 95,031 | 77,385 | 60,336 |
Median Individual Income | 40,531 | 41,700 | 33,646 |
Median Income (Full-Time) | 60,857 | 60,923 | 46,881 |
Median Age | 44.6 | 39.5 | 38.1 |
Labor Participation | 66.5% | 67.8% | 62.8% |
Attained College Degree | 40.0% | 43.4% | 32.0% |
Population Density Analysis
Groveland, MA
754
Residents per Sq. Mile
The population density of Groveland 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 +