Lunenburg, MA
Maps & Population Facts
Population
11,150
Population Density
422
Labor Participaton
68.5%
Bachelor's or Higher
35.4%
Median Household Income
$97,775
Median Individual Income
$48,038
Median Individual Income(Full-time Workers Only)
$66,764
Housing Estimates
Median House Value
$285,300
Median Gross Rent
$1,617
Median Mortgage Payment
$2,142
Housing Units
4,504
People who reside in Lunenburg live in:
Detached - Single Family Homes
80%
Apt, Condo, Other
20%
Analysis
Income
Households in Lunenburg earn significantly more money than the national median income, averaging 62% higher per household.
Housing
Lunenburg has a median house price of $285,300. The cost of homeownership is higher than most areas. The cost of renting in Lunenburg is 60% more than the national average.
Percent | |
---|---|
Renter Occupied Households | 38% |
New Construction (Built after 2000) | 21% |
Demographics
The median age in Lunenburg is 44. Lunenburg has a population that is significantly older than in comparison to the US median age.
Lunenburg ranks better than average for having an educated population with more college graduates per resident than most areas.
Housing Data
Housing Comparison
Lunenburg | Massachusetts | USA | |
Median Property Value | 285,300 | 385,400 | 217,600 |
Median Mortgage Payment | 2,142 | 2,108 | 1,513 |
Median Gross Rent | 1,617 | 1,208 | 1,012 |
Property Vacancy | 7.4% | 10.0% | 12.6% |
% Renters | 20% | 38% | 36% |
Residents per Sq. Mi. | 422 | 885 | 93 |
Personal Comparison
Lunenburg | Massachusetts | USA | |
Median Household Income | 97,775 | 77,385 | 60,336 |
Median Individual Income | 48,038 | 41,700 | 33,646 |
Median Income (Full-Time) | 66,764 | 60,923 | 46,881 |
Median Age | 44.1 | 39.5 | 38.1 |
Labor Participation | 68.5% | 67.8% | 62.8% |
Attained College Degree | 35.4% | 43.4% | 32.0% |
Population Density Analysis
Lunenburg, MA
422
Residents per Sq. Mile
The population density of Lunenburg 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 +