Leicester, MA
Maps & Population Facts
Population
11,277
Population Density
485
Labor Participaton
68.5%
Bachelor's or Higher
28.3%
Median Household Income
$76,738
Median Individual Income
$37,157
Median Individual Income(Full-time Workers Only)
$50,300
Housing Estimates
Median House Value
$231,300
Median Gross Rent
$959
Median Mortgage Payment
$1,668
Housing Units
4,498
People who reside in Leicester live in:
Detached - Single Family Homes
74%
Apt, Condo, Other
26%
Analysis
Income
Households in Leicester earn significantly more money than the national median income, averaging 27% higher per household.
Housing
Leicester has a median house price of $231,300. The cost of homeownership is comparable with other areas. The cost of renting in Leicester is 5% less than the national average.
Percent | |
---|---|
Renter Occupied Households | 38% |
New Construction (Built after 2000) | 9% |
Demographics
The median age in Leicester is 44. Leicester has a population that is significantly older than in comparison to the US median age.
Leicester ranks worse than average for having an educated population with less college graduates per resident than most areas.
Housing Data
Housing Comparison
Leicester | Massachusetts | USA | |
Median Property Value | 231,300 | 385,400 | 217,600 |
Median Mortgage Payment | 1,668 | 2,108 | 1,513 |
Median Gross Rent | 959 | 1,208 | 1,012 |
Property Vacancy | 5.6% | 10.0% | 12.6% |
% Renters | 26% | 38% | 36% |
Residents per Sq. Mi. | 485 | 885 | 93 |
Personal Comparison
Leicester | Massachusetts | USA | |
Median Household Income | 76,738 | 77,385 | 60,336 |
Median Individual Income | 37,157 | 41,700 | 33,646 |
Median Income (Full-Time) | 50,300 | 60,923 | 46,881 |
Median Age | 44.4 | 39.5 | 38.1 |
Labor Participation | 68.5% | 67.8% | 62.8% |
Attained College Degree | 28.3% | 43.4% | 32.0% |
Population Density Analysis
Leicester, MA
485
Residents per Sq. Mile
The population density of Leicester 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 +