Methuen, MA
Maps & Population Facts
Population
49,575
Population Density
2,232
Labor Participaton
72.4%
Bachelor's or Higher
29.2%
Median Household Income
$73,492
Median Individual Income
$37,012
Median Individual Income(Full-time Workers Only)
$51,796
Housing Estimates
Median House Value
$305,000
Median Gross Rent
$1,160
Median Mortgage Payment
$1,930
Housing Units
18,457
People who reside in Methuen live in:
Detached - Single Family Homes
59%
Apt, Condo, Other
41%
Analysis
Income
Households in Methuen earn significantly more money than the national median income, averaging 22% higher per household.
Housing
Methuen has a median house price of $305,000. The cost of homeownership is higher than most areas. The cost of renting in Methuen is 15% more than the national average.
Percent | |
---|---|
Renter Occupied Households | 38% |
New Construction (Built after 2000) | 10% |
Demographics
The median age in Methuen is 39. The age of the general population in Methuen is comparable with with the national average.
Methuen ranks average for having an educated population. The percent of residents who have a college degree is comparable with other areas.
Housing Data
Housing Comparison
Methuen | Massachusetts | USA | |
Median Property Value | 305,000 | 385,400 | 217,600 |
Median Mortgage Payment | 1,930 | 2,108 | 1,513 |
Median Gross Rent | 1,160 | 1,208 | 1,012 |
Property Vacancy | 4.3% | 10.0% | 12.6% |
% Renters | 29% | 38% | 36% |
Residents per Sq. Mi. | 2,232 | 885 | 93 |
Personal Comparison
Methuen | Massachusetts | USA | |
Median Household Income | 73,492 | 77,385 | 60,336 |
Median Individual Income | 37,012 | 41,700 | 33,646 |
Median Income (Full-Time) | 51,796 | 60,923 | 46,881 |
Median Age | 39.1 | 39.5 | 38.1 |
Labor Participation | 72.4% | 67.8% | 62.8% |
Attained College Degree | 29.2% | 43.4% | 32.0% |
Population Density Analysis
Methuen, MA
2,232
Residents per Sq. Mile
The population density of Methuen 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 +