Sherborn, MA
Maps & Population Facts
Population
4,302
Population Density
272
Labor Participaton
65.0%
Bachelor's or Higher
82.9%
Median Household Income
$170,872
Median Individual Income
$67,750
Median Individual Income(Full-time Workers Only)
$134,398
Housing Estimates
Median House Value
$723,500
Median Gross Rent
$1,153
Median Mortgage Payment
$3,685
Housing Units
1,550
People who reside in Sherborn live in:
Detached - Single Family Homes
91%
Apt, Condo, Other
9%
Analysis
Income
Households in Sherborn earn significantly more money than the national median income, averaging 1.83% higher per household.
Housing
Sherborn has a median house price of $723,500, which makes it one of the most expensive places in the United States to own property. The cost of renting in Sherborn is 14% more than the national average.
| Percent | |
|---|---|
| Renter Occupied Households | 38% |
| New Construction (Built after 2000) | 7% |
Demographics
The median age in Sherborn is 45. Sherborn has a population that is significantly older than in comparison to the US median age.
Sherborn 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
| Sherborn | Massachusetts | USA | |
| Median Property Value | 723,500 | 385,400 | 217,600 |
| Median Mortgage Payment | 3,685 | 2,108 | 1,513 |
| Median Gross Rent | 1,153 | 1,208 | 1,012 |
| Property Vacancy | 4.5% | 10.0% | 12.6% |
| % Renters | 8% | 38% | 36% |
| Residents per Sq. Mi. | 272 | 885 | 93 |
Personal Comparison
| Sherborn | Massachusetts | USA | |
| Median Household Income | 170,872 | 77,385 | 60,336 |
| Median Individual Income | 67,750 | 41,700 | 33,646 |
| Median Income (Full-Time) | 134,398 | 60,923 | 46,881 |
| Median Age | 45.0 | 39.5 | 38.1 |
| Labor Participation | 65.0% | 67.8% | 62.8% |
| Attained College Degree | 82.9% | 43.4% | 32.0% |
Population Density Analysis
Sherborn, MA
272
Residents per Sq. Mile
The population density of Sherborn 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 +