Marion, MA
Maps & Population Facts
Population
5,065
Population Density
359
Labor Participaton
54.3%
Bachelor's or Higher
51.8%
Median Household Income
$76,576
Median Individual Income
$46,429
Median Individual Income(Full-time Workers Only)
$76,488
Housing Estimates
Median House Value
$471,000
Median Gross Rent
$1,078
Median Mortgage Payment
$2,377
Housing Units
2,494
People who reside in Marion live in:
Detached - Single Family Homes
92%
Apt, Condo, Other
8%
Analysis
Income
Households in Marion earn significantly more money than the national median income, averaging 27% higher per household.
Housing
Marion has a median house price of $471,000. The cost of homeownership is significantly higher than most areas. The cost of renting in Marion is 7% more than the national average.
Percent | |
---|---|
Renter Occupied Households | 38% |
New Construction (Built after 2000) | 14% |
Demographics
The median age in Marion is 51. Marion has a population that is significantly older than in comparison to the US median age.
Marion 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
Marion | Massachusetts | USA | |
Median Property Value | 471,000 | 385,400 | 217,600 |
Median Mortgage Payment | 2,377 | 2,108 | 1,513 |
Median Gross Rent | 1,078 | 1,208 | 1,012 |
Property Vacancy | 23.9% | 10.0% | 12.6% |
% Renters | 19% | 38% | 36% |
Residents per Sq. Mi. | 359 | 885 | 93 |
Personal Comparison
Marion | Massachusetts | USA | |
Median Household Income | 76,576 | 77,385 | 60,336 |
Median Individual Income | 46,429 | 41,700 | 33,646 |
Median Income (Full-Time) | 76,488 | 60,923 | 46,881 |
Median Age | 51.2 | 39.5 | 38.1 |
Labor Participation | 54.3% | 67.8% | 62.8% |
Attained College Degree | 51.8% | 43.4% | 32.0% |
Population Density Analysis
Marion, MA
359
Residents per Sq. Mile
The population density of Marion 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 +