Monson, MA
Maps & Population Facts
Population
8,803
Population Density
199
Labor Participaton
68.6%
Bachelor's or Higher
26.5%
Median Household Income
$78,677
Median Individual Income
$43,456
Median Individual Income(Full-time Workers Only)
$54,558
Housing Estimates
Median House Value
$234,200
Median Gross Rent
$835
Median Mortgage Payment
$1,551
Housing Units
3,627
People who reside in Monson live in:
Detached - Single Family Homes
79%
Apt, Condo, Other
21%
Analysis
Income
Households in Monson earn significantly more money than the national median income, averaging 30% higher per household.
Housing
Monson has a median house price of $234,200. The cost of homeownership is comparable with other areas. The cost of renting in Monson is 17% less than the national average.
Percent | |
---|---|
Renter Occupied Households | 38% |
New Construction (Built after 2000) | 12% |
Demographics
The median age in Monson is 47. Monson has a population that is significantly older than in comparison to the US median age.
Monson ranks worse than average for having an educated population with less college graduates per resident than most areas.
Housing Data
Housing Comparison
Monson | Massachusetts | USA | |
Median Property Value | 234,200 | 385,400 | 217,600 |
Median Mortgage Payment | 1,551 | 2,108 | 1,513 |
Median Gross Rent | 835 | 1,208 | 1,012 |
Property Vacancy | 4.2% | 10.0% | 12.6% |
% Renters | 17% | 38% | 36% |
Residents per Sq. Mi. | 199 | 885 | 93 |
Personal Comparison
Monson | Massachusetts | USA | |
Median Household Income | 78,677 | 77,385 | 60,336 |
Median Individual Income | 43,456 | 41,700 | 33,646 |
Median Income (Full-Time) | 54,558 | 60,923 | 46,881 |
Median Age | 47.0 | 39.5 | 38.1 |
Labor Participation | 68.6% | 67.8% | 62.8% |
Attained College Degree | 26.5% | 43.4% | 32.0% |
Population Density Analysis
Monson, MA
199
Residents per Sq. Mile
The population density of Monson 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 +