Southbridge, MA
Maps & Population Facts
Population
16,858
Population Density
833
Labor Participaton
65.2%
Bachelor's or Higher
15.9%
Median Household Income
$50,202
Median Individual Income
$31,500
Median Individual Income(Full-time Workers Only)
$41,337
Housing Estimates
Median House Value
$188,200
Median Gross Rent
$868
Median Mortgage Payment
$1,633
Housing Units
7,474
People who reside in Southbridge live in:
Detached - Single Family Homes
36%
Apt, Condo, Other
64%
Analysis
Income
Households in Southbridge earn less money than the national median income, averaging 17% less per household.
Housing
Southbridge has a median house price of $188,200. The cost of homeownership is slightly less than most areas. The cost of renting in Southbridge is 14% less than the national average.
Percent | |
---|---|
Renter Occupied Households | 38% |
New Construction (Built after 2000) | 3% |
Demographics
The median age in Southbridge is 40. The age of the general population in Southbridge is comparable with with the national average.
Southbridge ranks in the lowest of the nation for having an educated population and has significantly less college graduates per resident than most areas.
Housing Data
Housing Comparison
Southbridge | Massachusetts | USA | |
Median Property Value | 188,200 | 385,400 | 217,600 |
Median Mortgage Payment | 1,633 | 2,108 | 1,513 |
Median Gross Rent | 868 | 1,208 | 1,012 |
Property Vacancy | 7.3% | 10.0% | 12.6% |
% Renters | 57% | 38% | 36% |
Residents per Sq. Mi. | 833 | 885 | 93 |
Personal Comparison
Southbridge | Massachusetts | USA | |
Median Household Income | 50,202 | 77,385 | 60,336 |
Median Individual Income | 31,500 | 41,700 | 33,646 |
Median Income (Full-Time) | 41,337 | 60,923 | 46,881 |
Median Age | 40.1 | 39.5 | 38.1 |
Labor Participation | 65.2% | 67.8% | 62.8% |
Attained College Degree | 15.9% | 43.4% | 32.0% |
Population Density Analysis
Southbridge, MA
833
Residents per Sq. Mile
The population density of Southbridge 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 +