Russell, MA
Maps & Population Facts
Population
1,330
Population Density
76
Labor Participaton
66.8%
Bachelor's or Higher
30.3%
Median Household Income
$66,985
Median Individual Income
$41,484
Median Individual Income(Full-time Workers Only)
$50,560
Housing Estimates
Median House Value
$216,000
Median Gross Rent
$838
Median Mortgage Payment
$1,613
Housing Units
586
People who reside in Russell live in:
Detached - Single Family Homes
86%
Apt, Condo, Other
14%
Analysis
Income
Households in Russell earn more money than the national median income, averaging 11% higher per household.
Housing
Russell has a median house price of $216,000. The cost of homeownership is comparable with other areas. The cost of renting in Russell is 17% less than the national average.
| Percent | |
|---|---|
| Renter Occupied Households | 38% |
| New Construction (Built after 2000) | 12% |
Demographics
The median age in Russell is 46. Russell has a population that is significantly older than in comparison to the US median age.
Russell ranks average for having an educated population. The percent of residents who have a college degree is comparable with other areas.
Housing Data
Housing Comparison
| Russell | Massachusetts | USA | |
| Median Property Value | 216,000 | 385,400 | 217,600 |
| Median Mortgage Payment | 1,613 | 2,108 | 1,513 |
| Median Gross Rent | 838 | 1,208 | 1,012 |
| Property Vacancy | 9.4% | 10.0% | 12.6% |
| % Renters | 11% | 38% | 36% |
| Residents per Sq. Mi. | 76 | 885 | 93 |
Personal Comparison
| Russell | Massachusetts | USA | |
| Median Household Income | 66,985 | 77,385 | 60,336 |
| Median Individual Income | 41,484 | 41,700 | 33,646 |
| Median Income (Full-Time) | 50,560 | 60,923 | 46,881 |
| Median Age | 46.2 | 39.5 | 38.1 |
| Labor Participation | 66.8% | 67.8% | 62.8% |
| Attained College Degree | 30.3% | 43.4% | 32.0% |
Population Density Analysis
Russell, MA
76
Residents per Sq. Mile
The population density of Russell is comparable to that of a Remote 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 +