Rutland, MA
Maps & Population Facts
Population
8,463
Population Density
241
Labor Participaton
70.8%
Bachelor's or Higher
45.1%
Median Household Income
$100,962
Median Individual Income
$51,532
Median Individual Income(Full-time Workers Only)
$66,314
Housing Estimates
Median House Value
$281,800
Median Gross Rent
$948
Median Mortgage Payment
$2,078
Housing Units
3,151
People who reside in Rutland live in:
Detached - Single Family Homes
83%
Apt, Condo, Other
17%
Analysis
Income
Households in Rutland earn significantly more money than the national median income, averaging 67% higher per household.
Housing
Rutland has a median house price of $281,800. The cost of homeownership is higher than most areas. The cost of renting in Rutland is 6% less than the national average.
Percent | |
---|---|
Renter Occupied Households | 38% |
New Construction (Built after 2000) | 25% |
Demographics
The median age in Rutland is 40. The age of the general population in Rutland is comparable with with the national average.
Rutland 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
Rutland | Massachusetts | USA | |
Median Property Value | 281,800 | 385,400 | 217,600 |
Median Mortgage Payment | 2,078 | 2,108 | 1,513 |
Median Gross Rent | 948 | 1,208 | 1,012 |
Property Vacancy | 7.8% | 10.0% | 12.6% |
% Renters | 16% | 38% | 36% |
Residents per Sq. Mi. | 241 | 885 | 93 |
Personal Comparison
Rutland | Massachusetts | USA | |
Median Household Income | 100,962 | 77,385 | 60,336 |
Median Individual Income | 51,532 | 41,700 | 33,646 |
Median Income (Full-Time) | 66,314 | 60,923 | 46,881 |
Median Age | 40.2 | 39.5 | 38.1 |
Labor Participation | 70.8% | 67.8% | 62.8% |
Attained College Degree | 45.1% | 43.4% | 32.0% |
Population Density Analysis
Rutland, MA
241
Residents per Sq. Mile
The population density of Rutland 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 +