Newbury, MA
Maps & Population Facts
Population
6,964
Population Density
298
Labor Participaton
66.0%
Bachelor's or Higher
56.9%
Median Household Income
$89,433
Median Individual Income
$48,426
Median Individual Income(Full-time Workers Only)
$69,385
Housing Estimates
Median House Value
$466,700
Median Gross Rent
$1,190
Median Mortgage Payment
$2,469
Housing Units
3,087
People who reside in Newbury live in:
Detached - Single Family Homes
87%
Apt, Condo, Other
13%
Analysis
Income
Households in Newbury earn significantly more money than the national median income, averaging 48% higher per household.
Housing
Newbury has a median house price of $466,700. The cost of homeownership is significantly higher than most areas. The cost of renting in Newbury is 18% more than the national average.
Percent | |
---|---|
Renter Occupied Households | 38% |
New Construction (Built after 2000) | 12% |
Demographics
The median age in Newbury is 49. Newbury has a population that is significantly older than in comparison to the US median age.
Newbury 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
Newbury | Massachusetts | USA | |
Median Property Value | 466,700 | 385,400 | 217,600 |
Median Mortgage Payment | 2,469 | 2,108 | 1,513 |
Median Gross Rent | 1,190 | 1,208 | 1,012 |
Property Vacancy | 8.8% | 10.0% | 12.6% |
% Renters | 17% | 38% | 36% |
Residents per Sq. Mi. | 298 | 885 | 93 |
Personal Comparison
Newbury | Massachusetts | USA | |
Median Household Income | 89,433 | 77,385 | 60,336 |
Median Individual Income | 48,426 | 41,700 | 33,646 |
Median Income (Full-Time) | 69,385 | 60,923 | 46,881 |
Median Age | 49.0 | 39.5 | 38.1 |
Labor Participation | 66.0% | 67.8% | 62.8% |
Attained College Degree | 56.9% | 43.4% | 32.0% |
Population Density Analysis
Newbury, MA
298
Residents per Sq. Mile
The population density of Newbury 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 +