Somerville, MA
Maps & Population Facts
Population
79,983
Population Density
19,395
Labor Participaton
77.8%
Bachelor's or Higher
61.1%
Median Household Income
$84,722
Median Individual Income
$43,881
Median Individual Income(Full-time Workers Only)
$56,649
Housing Estimates
Median House Value
$558,300
Median Gross Rent
$1,699
Median Mortgage Payment
$2,394
Housing Units
34,056
People who reside in Somerville live in:
Detached - Single Family Homes
10%
Apt, Condo, Other
90%
Analysis
Income
Households in Somerville earn significantly more money than the national median income, averaging 40% higher per household.
Housing
Somerville has a median house price of $558,300, which makes it one of the most expensive places in the United States to own property. The cost of renting in Somerville is 68% more than the national average.
| Percent | |
|---|---|
| Renter Occupied Households | 38% |
| New Construction (Built after 2000) | 5% |
Demographics
The median age in Somerville is 32. Somerville has a population that is significantly younger than in comparison to the US median age.
Somerville 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
| Somerville | Massachusetts | USA | |
| Median Property Value | 558,300 | 385,400 | 217,600 |
| Median Mortgage Payment | 2,394 | 2,108 | 1,513 |
| Median Gross Rent | 1,699 | 1,208 | 1,012 |
| Property Vacancy | 4.7% | 10.0% | 12.6% |
| % Renters | 66% | 38% | 36% |
| Residents per Sq. Mi. | 19,395 | 885 | 93 |
Personal Comparison
| Somerville | Massachusetts | USA | |
| Median Household Income | 84,722 | 77,385 | 60,336 |
| Median Individual Income | 43,881 | 41,700 | 33,646 |
| Median Income (Full-Time) | 56,649 | 60,923 | 46,881 |
| Median Age | 31.5 | 39.5 | 38.1 |
| Labor Participation | 77.8% | 67.8% | 62.8% |
| Attained College Degree | 61.1% | 43.4% | 32.0% |
Population Density Analysis
Somerville, MA
19,395
Residents per Sq. Mile
The population density of Somerville is comparable to that of a Major 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 +