North Reading, MA
Maps & Population Facts
Population
15,598
Population Density
1,186
Labor Participaton
70.8%
Bachelor's or Higher
52.3%
Median Household Income
$124,750
Median Individual Income
$53,309
Median Individual Income(Full-time Workers Only)
$77,292
Housing Estimates
Median House Value
$469,200
Median Gross Rent
$1,434
Median Mortgage Payment
$2,394
Housing Units
5,711
People who reside in North Reading live in:
Detached - Single Family Homes
78%
Apt, Condo, Other
22%
Analysis
Income
Households in North Reading earn significantly more money than the national median income, averaging 1.07% higher per household.
Housing
North Reading has a median house price of $469,200. The cost of homeownership is significantly higher than most areas. The cost of renting in North Reading is 42% more than the national average.
| Percent | |
|---|---|
| Renter Occupied Households | 38% |
| New Construction (Built after 2000) | 12% |
Demographics
The median age in North Reading is 44. North Reading has a population that is significantly older than in comparison to the US median age.
North Reading 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
| North Reading | Massachusetts | USA | |
| Median Property Value | 469,200 | 385,400 | 217,600 |
| Median Mortgage Payment | 2,394 | 2,108 | 1,513 |
| Median Gross Rent | 1,434 | 1,208 | 1,012 |
| Property Vacancy | 5.1% | 10.0% | 12.6% |
| % Renters | 14% | 38% | 36% |
| Residents per Sq. Mi. | 1,186 | 885 | 93 |
Personal Comparison
| North Reading | Massachusetts | USA | |
| Median Household Income | 124,750 | 77,385 | 60,336 |
| Median Individual Income | 53,309 | 41,700 | 33,646 |
| Median Income (Full-Time) | 77,292 | 60,923 | 46,881 |
| Median Age | 44.3 | 39.5 | 38.1 |
| Labor Participation | 70.8% | 67.8% | 62.8% |
| Attained College Degree | 52.3% | 43.4% | 32.0% |
Population Density Analysis
North Reading, MA
1,186
Residents per Sq. Mile
The population density of North Reading 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 +