Marshfield, MA
Maps & Population Facts
Population
25,648
Population Density
895
Labor Participaton
68.3%
Bachelor's or Higher
43.7%
Median Household Income
$94,737
Median Individual Income
$43,335
Median Individual Income(Full-time Workers Only)
$70,587
Housing Estimates
Median House Value
$432,700
Median Gross Rent
$1,362
Median Mortgage Payment
$2,414
Housing Units
10,660
People who reside in Marshfield live in:
Detached - Single Family Homes
81%
Apt, Condo, Other
19%
Analysis
Income
Households in Marshfield earn significantly more money than the national median income, averaging 57% higher per household.
Housing
Marshfield has a median house price of $432,700. The cost of homeownership is significantly higher than most areas. The cost of renting in Marshfield is 35% more than the national average.
Percent | |
---|---|
Renter Occupied Households | 38% |
New Construction (Built after 2000) | 12% |
Demographics
The median age in Marshfield is 45. Marshfield has a population that is significantly older than in comparison to the US median age.
Marshfield 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
Marshfield | Massachusetts | USA | |
Median Property Value | 432,700 | 385,400 | 217,600 |
Median Mortgage Payment | 2,414 | 2,108 | 1,513 |
Median Gross Rent | 1,362 | 1,208 | 1,012 |
Property Vacancy | 12.9% | 10.0% | 12.6% |
% Renters | 22% | 38% | 36% |
Residents per Sq. Mi. | 895 | 885 | 93 |
Personal Comparison
Marshfield | Massachusetts | USA | |
Median Household Income | 94,737 | 77,385 | 60,336 |
Median Individual Income | 43,335 | 41,700 | 33,646 |
Median Income (Full-Time) | 70,587 | 60,923 | 46,881 |
Median Age | 44.6 | 39.5 | 38.1 |
Labor Participation | 68.3% | 67.8% | 62.8% |
Attained College Degree | 43.7% | 43.4% | 32.0% |
Population Density Analysis
Marshfield, MA
895
Residents per Sq. Mile
The population density of Marshfield 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 +