Halifax, MA
Maps & Population Facts
Population
7,739
Population Density
485
Labor Participaton
72.3%
Bachelor's or Higher
27.3%
Median Household Income
$77,993
Median Individual Income
$36,735
Median Individual Income(Full-time Workers Only)
$56,605
Housing Estimates
Median House Value
$281,500
Median Gross Rent
$1,599
Median Mortgage Payment
$2,031
Housing Units
2,941
People who reside in Halifax live in:
Detached - Single Family Homes
70%
Apt, Condo, Other
30%
Analysis
Income
Households in Halifax earn significantly more money than the national median income, averaging 29% higher per household.
Housing
Halifax has a median house price of $281,500. The cost of homeownership is higher than most areas. The cost of renting in Halifax is 58% more than the national average.
Percent | |
---|---|
Renter Occupied Households | 38% |
New Construction (Built after 2000) | 9% |
Demographics
The median age in Halifax is 43. Halifax has a population that is significantly older than in comparison to the US median age.
Halifax ranks worse than average for having an educated population with less college graduates per resident than most areas.
Housing Data
Housing Comparison
Halifax | Massachusetts | USA | |
Median Property Value | 281,500 | 385,400 | 217,600 |
Median Mortgage Payment | 2,031 | 2,108 | 1,513 |
Median Gross Rent | 1,599 | 1,208 | 1,012 |
Property Vacancy | 3.1% | 10.0% | 12.6% |
% Renters | 12% | 38% | 36% |
Residents per Sq. Mi. | 485 | 885 | 93 |
Personal Comparison
Halifax | Massachusetts | USA | |
Median Household Income | 77,993 | 77,385 | 60,336 |
Median Individual Income | 36,735 | 41,700 | 33,646 |
Median Income (Full-Time) | 56,605 | 60,923 | 46,881 |
Median Age | 42.5 | 39.5 | 38.1 |
Labor Participation | 72.3% | 67.8% | 62.8% |
Attained College Degree | 27.3% | 43.4% | 32.0% |
Population Density Analysis
Halifax, MA
485
Residents per Sq. Mile
The population density of Halifax is comparable to that of a Rural 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 +