Manchester By The Sea, MA
Maps & Population Facts
Population
5,327
Population Density
577
Labor Participaton
64.5%
Bachelor's or Higher
61.2%
Median Household Income
$105,500
Median Individual Income
$52,213
Median Individual Income(Full-time Workers Only)
$78,458
Housing Estimates
Median House Value
$763,600
Median Gross Rent
$1,301
Median Mortgage Payment
$3,077
Housing Units
2,327
People who reside in Manchester By The Sea live in:
Detached - Single Family Homes
70%
Apt, Condo, Other
30%
Analysis
Income
Households in Manchester By The Sea earn significantly more money than the national median income, averaging 75% higher per household.
Housing
Manchester By The Sea has a median house price of $763,600, which makes it one of the most expensive places in the United States to own property. The cost of renting in Manchester By The Sea is 29% more than the national average.
| Percent | |
|---|---|
| Renter Occupied Households | 38% |
| New Construction (Built after 2000) | 5% |
Demographics
The median age in Manchester By The Sea is 51. Manchester By The Sea has a population that is significantly older than in comparison to the US median age.
Manchester By The Sea 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
| Manchester By The Sea | Massachusetts | USA | |
| Median Property Value | 763,600 | 385,400 | 217,600 |
| Median Mortgage Payment | 3,077 | 2,108 | 1,513 |
| Median Gross Rent | 1,301 | 1,208 | 1,012 |
| Property Vacancy | 9.5% | 10.0% | 12.6% |
| % Renters | 30% | 38% | 36% |
| Residents per Sq. Mi. | 577 | 885 | 93 |
Personal Comparison
| Manchester By The Sea | Massachusetts | USA | |
| Median Household Income | 105,500 | 77,385 | 60,336 |
| Median Individual Income | 52,213 | 41,700 | 33,646 |
| Median Income (Full-Time) | 78,458 | 60,923 | 46,881 |
| Median Age | 51.1 | 39.5 | 38.1 |
| Labor Participation | 64.5% | 67.8% | 62.8% |
| Attained College Degree | 61.2% | 43.4% | 32.0% |
Population Density Analysis
Manchester By The Sea, MA
577
Residents per Sq. Mile
The population density of Manchester By The Sea 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 +