Medway, MA
Maps & Population Facts

Population
13,162
Population Density
1,140
Labor Participaton
77.3%
Bachelor's or Higher
59.0%
Median Household Income
$115,432
Median Individual Income
$56,906
Median Individual Income(Full-time Workers Only)
$71,781

Housing Estimates

Median House Value
$383,800
Median Gross Rent
$1,078
Median Mortgage Payment
$2,442
Housing Units
4,837
People who reside in Medway live in:
Detached - Single Family Homes
82%
Apt, Condo, Other
18%
Analysis

Income

Households in Medway earn significantly more money than the national median income, averaging 91% higher per household.

Housing

Medway has a median house price of $383,800. The cost of homeownership is higher than most areas. The cost of renting in Medway is 7% more than the national average.

Percent
Renter Occupied Households 38%
New Construction (Built after 2000) 9%

Demographics

The median age in Medway is 41. Medway has a population that is older than in comparison to the US median age.

Medway 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
Medway Massachusetts USA
Median Property Value 383,800 385,400 217,600
Median Mortgage Payment 2,442 2,108 1,513
Median Gross Rent 1,078 1,208 1,012
Property Vacancy 4.0% 10.0% 12.6%
% Renters 12% 38% 36%
Residents per Sq. Mi. 1,140 885 93
Personal Comparison
Medway Massachusetts USA
Median Household Income 115,432 77,385 60,336
Median Individual Income 56,906 41,700 33,646
Median Income (Full-Time) 71,781 60,923 46,881
Median Age 41.2 39.5 38.1
Labor Participation 77.3% 67.8% 62.8%
Attained College Degree 59.0% 43.4% 32.0%

Population Density Analysis

Medway, MA
1,140
Residents per Sq. Mile
The population density of Medway 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 +

Demographics