New Bedford, MA
Maps & Population Facts
Population
95,125
Population Density
4,757
Labor Participaton
62.3%
Bachelor's or Higher
17.0%
Median Household Income
$40,626
Median Individual Income
$29,468
Median Individual Income(Full-time Workers Only)
$42,198
Housing Estimates
Median House Value
$211,500
Median Gross Rent
$802
Median Mortgage Payment
$1,576
Housing Units
43,393
People who reside in New Bedford live in:
Detached - Single Family Homes
30%
Apt, Condo, Other
70%
Analysis
Income
Households in New Bedford earn signifcantly less money than the national median income, averaging 33% less per household.
Housing
New Bedford has a median house price of $211,500. The cost of homeownership is comparable with other areas. The cost of renting in New Bedford is 21% less than the national average.
| Percent | |
|---|---|
| Renter Occupied Households | 38% |
| New Construction (Built after 2000) | 4% |
Demographics
The median age in New Bedford is 38. The age of the general population in New Bedford is comparable with with the national average.
New Bedford ranks in the lowest of the nation for having an educated population and has significantly less college graduates per resident than most areas.
Housing Data
Housing Comparison
| New Bedford | Massachusetts | USA | |
| Median Property Value | 211,500 | 385,400 | 217,600 |
| Median Mortgage Payment | 1,576 | 2,108 | 1,513 |
| Median Gross Rent | 802 | 1,208 | 1,012 |
| Property Vacancy | 9.0% | 10.0% | 12.6% |
| % Renters | 59% | 38% | 36% |
| Residents per Sq. Mi. | 4,757 | 885 | 93 |
Personal Comparison
| New Bedford | Massachusetts | USA | |
| Median Household Income | 40,626 | 77,385 | 60,336 |
| Median Individual Income | 29,468 | 41,700 | 33,646 |
| Median Income (Full-Time) | 42,198 | 60,923 | 46,881 |
| Median Age | 37.5 | 39.5 | 38.1 |
| Labor Participation | 62.3% | 67.8% | 62.8% |
| Attained College Degree | 17.0% | 43.4% | 32.0% |
Population Density Analysis
New Bedford, MA
4,757
Residents per Sq. Mile
The population density of New Bedford is comparable to that of a Small City.
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 +