Mendon, MA
Maps & Population Facts
Population
5,995
Population Density
337
Labor Participaton
75.4%
Bachelor's or Higher
47.0%
Median Household Income
$125,816
Median Individual Income
$57,647
Median Individual Income(Full-time Workers Only)
$80,815
Housing Estimates
Median House Value
$422,400
Median Gross Rent
$1,486
Median Mortgage Payment
$2,337
Housing Units
2,104
People who reside in Mendon live in:
Detached - Single Family Homes
92%
Apt, Condo, Other
8%
Analysis
Income
Households in Mendon earn significantly more money than the national median income, averaging 1.09% higher per household.
Housing
Mendon has a median house price of $422,400. The cost of homeownership is significantly higher than most areas. The cost of renting in Mendon is 47% more than the national average.
Percent | |
---|---|
Renter Occupied Households | 38% |
New Construction (Built after 2000) | 13% |
Demographics
The median age in Mendon is 45. Mendon has a population that is significantly older than in comparison to the US median age.
Mendon 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
Mendon | Massachusetts | USA | |
Median Property Value | 422,400 | 385,400 | 217,600 |
Median Mortgage Payment | 2,337 | 2,108 | 1,513 |
Median Gross Rent | 1,486 | 1,208 | 1,012 |
Property Vacancy | 1.9% | 10.0% | 12.6% |
% Renters | 12% | 38% | 36% |
Residents per Sq. Mi. | 337 | 885 | 93 |
Personal Comparison
Mendon | Massachusetts | USA | |
Median Household Income | 125,816 | 77,385 | 60,336 |
Median Individual Income | 57,647 | 41,700 | 33,646 |
Median Income (Full-Time) | 80,815 | 60,923 | 46,881 |
Median Age | 44.8 | 39.5 | 38.1 |
Labor Participation | 75.4% | 67.8% | 62.8% |
Attained College Degree | 47.0% | 43.4% | 32.0% |
Population Density Analysis
Mendon, MA
337
Residents per Sq. Mile
The population density of Mendon 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 +