Reading, MA
Maps & Population Facts
Population
25,769
Population Density
2,583
Labor Participaton
72.2%
Bachelor's or Higher
62.0%
Median Household Income
$114,354
Median Individual Income
$63,226
Median Individual Income(Full-time Workers Only)
$85,245
Housing Estimates
Median House Value
$491,200
Median Gross Rent
$1,349
Median Mortgage Payment
$2,564
Housing Units
9,886
People who reside in Reading live in:
Detached - Single Family Homes
70%
Apt, Condo, Other
30%
Analysis
Income
Households in Reading earn significantly more money than the national median income, averaging 90% higher per household.
Housing
Reading has a median house price of $491,200. The cost of homeownership is significantly higher than most areas. The cost of renting in Reading is 33% more than the national average.
Percent | |
---|---|
Renter Occupied Households | 38% |
New Construction (Built after 2000) | 11% |
Demographics
The median age in Reading is 42. Reading has a population that is older than in comparison to the US median age.
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
Reading | Massachusetts | USA | |
Median Property Value | 491,200 | 385,400 | 217,600 |
Median Mortgage Payment | 2,564 | 2,108 | 1,513 |
Median Gross Rent | 1,349 | 1,208 | 1,012 |
Property Vacancy | 4.1% | 10.0% | 12.6% |
% Renters | 21% | 38% | 36% |
Residents per Sq. Mi. | 2,583 | 885 | 93 |
Personal Comparison
Reading | Massachusetts | USA | |
Median Household Income | 114,354 | 77,385 | 60,336 |
Median Individual Income | 63,226 | 41,700 | 33,646 |
Median Income (Full-Time) | 85,245 | 60,923 | 46,881 |
Median Age | 41.9 | 39.5 | 38.1 |
Labor Participation | 72.2% | 67.8% | 62.8% |
Attained College Degree | 62.0% | 43.4% | 32.0% |
Population Density Analysis
Reading, MA
2,583
Residents per Sq. Mile
The population density of Reading 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 +