Hanson, MA
Maps & Population Facts
Population
10,560
Population Density
703
Labor Participaton
71.5%
Bachelor's or Higher
31.8%
Median Household Income
$96,389
Median Individual Income
$45,044
Median Individual Income(Full-time Workers Only)
$61,990
Housing Estimates
Median House Value
$344,300
Median Gross Rent
$932
Median Mortgage Payment
$2,011
Housing Units
3,811
People who reside in Hanson live in:
Detached - Single Family Homes
86%
Apt, Condo, Other
14%
Analysis
Income
Households in Hanson earn significantly more money than the national median income, averaging 60% higher per household.
Housing
Hanson has a median house price of $344,300. The cost of homeownership is higher than most areas. The cost of renting in Hanson is 8% less than the national average.
Percent | |
---|---|
Renter Occupied Households | 38% |
New Construction (Built after 2000) | 10% |
Demographics
The median age in Hanson is 45. Hanson has a population that is significantly older than in comparison to the US median age.
Hanson 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
Hanson | Massachusetts | USA | |
Median Property Value | 344,300 | 385,400 | 217,600 |
Median Mortgage Payment | 2,011 | 2,108 | 1,513 |
Median Gross Rent | 932 | 1,208 | 1,012 |
Property Vacancy | 2.4% | 10.0% | 12.6% |
% Renters | 8% | 38% | 36% |
Residents per Sq. Mi. | 703 | 885 | 93 |
Personal Comparison
Hanson | Massachusetts | USA | |
Median Household Income | 96,389 | 77,385 | 60,336 |
Median Individual Income | 45,044 | 41,700 | 33,646 |
Median Income (Full-Time) | 61,990 | 60,923 | 46,881 |
Median Age | 44.7 | 39.5 | 38.1 |
Labor Participation | 71.5% | 67.8% | 62.8% |
Attained College Degree | 31.8% | 43.4% | 32.0% |
Population Density Analysis
Hanson, MA
703
Residents per Sq. Mile
The population density of Hanson 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 +