Sterling, MA
Maps & Population Facts
Population
8,000
Population Density
261
Labor Participaton
66.1%
Bachelor's or Higher
49.1%
Median Household Income
$102,500
Median Individual Income
$51,502
Median Individual Income(Full-time Workers Only)
$77,953
Housing Estimates
Median House Value
$340,500
Median Gross Rent
$1,270
Median Mortgage Payment
$2,133
Housing Units
2,825
People who reside in Sterling live in:
Detached - Single Family Homes
85%
Apt, Condo, Other
15%
Analysis
Income
Households in Sterling earn significantly more money than the national median income, averaging 70% higher per household.
Housing
Sterling has a median house price of $340,500. The cost of homeownership is higher than most areas. The cost of renting in Sterling is 25% more than the national average.
Percent | |
---|---|
Renter Occupied Households | 38% |
New Construction (Built after 2000) | 15% |
Demographics
The median age in Sterling is 45. Sterling has a population that is significantly older than in comparison to the US median age.
Sterling 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
Sterling | Massachusetts | USA | |
Median Property Value | 340,500 | 385,400 | 217,600 |
Median Mortgage Payment | 2,133 | 2,108 | 1,513 |
Median Gross Rent | 1,270 | 1,208 | 1,012 |
Property Vacancy | 4.7% | 10.0% | 12.6% |
% Renters | 13% | 38% | 36% |
Residents per Sq. Mi. | 261 | 885 | 93 |
Personal Comparison
Sterling | Massachusetts | USA | |
Median Household Income | 102,500 | 77,385 | 60,336 |
Median Individual Income | 51,502 | 41,700 | 33,646 |
Median Income (Full-Time) | 77,953 | 60,923 | 46,881 |
Median Age | 44.7 | 39.5 | 38.1 |
Labor Participation | 66.1% | 67.8% | 62.8% |
Attained College Degree | 49.1% | 43.4% | 32.0% |
Population Density Analysis
Sterling, MA
261
Residents per Sq. Mile
The population density of Sterling 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 +