Harvard, MA
Maps & Population Facts
Population
6,542
Population Density
248
Labor Participaton
54.2%
Bachelor's or Higher
62.8%
Median Household Income
$134,355
Median Individual Income
$49,127
Median Individual Income(Full-time Workers Only)
$87,083
Housing Estimates
Median House Value
$544,000
Median Gross Rent
$1,280
Median Mortgage Payment
$2,961
Housing Units
1,947
People who reside in Harvard live in:
Detached - Single Family Homes
89%
Apt, Condo, Other
11%
Analysis
Income
Households in Harvard earn significantly more money than the national median income, averaging 1.23% higher per household.
Housing
Harvard has a median house price of $544,000, which makes it one of the most expensive places in the United States to own property. The cost of renting in Harvard is 26% more than the national average.
| Percent | |
|---|---|
| Renter Occupied Households | 38% |
| New Construction (Built after 2000) | 14% |
Demographics
The median age in Harvard is 46. Harvard has a population that is significantly older than in comparison to the US median age.
Harvard 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
| Harvard | Massachusetts | USA | |
| Median Property Value | 544,000 | 385,400 | 217,600 |
| Median Mortgage Payment | 2,961 | 2,108 | 1,513 |
| Median Gross Rent | 1,280 | 1,208 | 1,012 |
| Property Vacancy | 1.6% | 10.0% | 12.6% |
| % Renters | 7% | 38% | 36% |
| Residents per Sq. Mi. | 248 | 885 | 93 |
Personal Comparison
| Harvard | Massachusetts | USA | |
| Median Household Income | 134,355 | 77,385 | 60,336 |
| Median Individual Income | 49,127 | 41,700 | 33,646 |
| Median Income (Full-Time) | 87,083 | 60,923 | 46,881 |
| Median Age | 46.3 | 39.5 | 38.1 |
| Labor Participation | 54.2% | 67.8% | 62.8% |
| Attained College Degree | 62.8% | 43.4% | 32.0% |
Population Density Analysis
Harvard, MA
248
Residents per Sq. Mile
The population density of Harvard 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 +