Marblehead, MA
Maps & Population Facts
Population
20,393
Population Density
4,660
Labor Participaton
64.6%
Bachelor's or Higher
70.3%
Median Household Income
$110,025
Median Individual Income
$61,188
Median Individual Income(Full-time Workers Only)
$93,210
Housing Estimates
Median House Value
$611,100
Median Gross Rent
$1,408
Median Mortgage Payment
$2,738
Housing Units
8,853
People who reside in Marblehead live in:
Detached - Single Family Homes
71%
Apt, Condo, Other
29%
Analysis
Income
Households in Marblehead earn significantly more money than the national median income, averaging 82% higher per household.
Housing
Marblehead has a median house price of $611,100, which makes it one of the most expensive places in the United States to own property. The cost of renting in Marblehead is 39% more than the national average.
| Percent | |
|---|---|
| Renter Occupied Households | 38% |
| New Construction (Built after 2000) | 4% |
Demographics
The median age in Marblehead is 48. Marblehead has a population that is significantly older than in comparison to the US median age.
Marblehead 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
| Marblehead | Massachusetts | USA | |
| Median Property Value | 611,100 | 385,400 | 217,600 |
| Median Mortgage Payment | 2,738 | 2,108 | 1,513 |
| Median Gross Rent | 1,408 | 1,208 | 1,012 |
| Property Vacancy | 6.8% | 10.0% | 12.6% |
| % Renters | 20% | 38% | 36% |
| Residents per Sq. Mi. | 4,660 | 885 | 93 |
Personal Comparison
| Marblehead | Massachusetts | USA | |
| Median Household Income | 110,025 | 77,385 | 60,336 |
| Median Individual Income | 61,188 | 41,700 | 33,646 |
| Median Income (Full-Time) | 93,210 | 60,923 | 46,881 |
| Median Age | 47.8 | 39.5 | 38.1 |
| Labor Participation | 64.6% | 67.8% | 62.8% |
| Attained College Degree | 70.3% | 43.4% | 32.0% |
Population Density Analysis
Marblehead, MA
4,660
Residents per Sq. Mile
The population density of Marblehead is comparable to that of a Small City.
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 +