Shrewsbury, MA
Maps & Population Facts
Population
36,716
Population Density
1,771
Labor Participaton
68.6%
Bachelor's or Higher
56.6%
Median Household Income
$100,640
Median Individual Income
$54,260
Median Individual Income(Full-time Workers Only)
$75,358
Housing Estimates
Median House Value
$394,600
Median Gross Rent
$1,244
Median Mortgage Payment
$2,225
Housing Units
13,958
People who reside in Shrewsbury live in:
Detached - Single Family Homes
62%
Apt, Condo, Other
38%
Analysis
Income
Households in Shrewsbury earn significantly more money than the national median income, averaging 67% higher per household.
Housing
Shrewsbury has a median house price of $394,600. The cost of homeownership is higher than most areas. The cost of renting in Shrewsbury is 23% more than the national average.
| Percent | |
|---|---|
| Renter Occupied Households | 38% |
| New Construction (Built after 2000) | 13% |
Demographics
The median age in Shrewsbury is 41. Shrewsbury has a population that is older than in comparison to the US median age.
Shrewsbury 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
| Shrewsbury | Massachusetts | USA | |
| Median Property Value | 394,600 | 385,400 | 217,600 |
| Median Mortgage Payment | 2,225 | 2,108 | 1,513 |
| Median Gross Rent | 1,244 | 1,208 | 1,012 |
| Property Vacancy | 7.5% | 10.0% | 12.6% |
| % Renters | 26% | 38% | 36% |
| Residents per Sq. Mi. | 1,771 | 885 | 93 |
Personal Comparison
| Shrewsbury | Massachusetts | USA | |
| Median Household Income | 100,640 | 77,385 | 60,336 |
| Median Individual Income | 54,260 | 41,700 | 33,646 |
| Median Income (Full-Time) | 75,358 | 60,923 | 46,881 |
| Median Age | 41.4 | 39.5 | 38.1 |
| Labor Participation | 68.6% | 67.8% | 62.8% |
| Attained College Degree | 56.6% | 43.4% | 32.0% |
Population Density Analysis
Shrewsbury, MA
1,771
Residents per Sq. Mile
The population density of Shrewsbury 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 +