Stoneham, MA
Maps & Population Facts
Population
21,967
Population Density
3,652
Labor Participaton
70.3%
Bachelor's or Higher
44.8%
Median Household Income
$90,320
Median Individual Income
$52,002
Median Individual Income(Full-time Workers Only)
$65,722
Housing Estimates
Median House Value
$438,700
Median Gross Rent
$1,390
Median Mortgage Payment
$2,353
Housing Units
9,318
People who reside in Stoneham live in:
Detached - Single Family Homes
55%
Apt, Condo, Other
45%
Analysis
Income
Households in Stoneham earn significantly more money than the national median income, averaging 50% higher per household.
Housing
Stoneham has a median house price of $438,700. The cost of homeownership is significantly higher than most areas. The cost of renting in Stoneham is 37% more than the national average.
| Percent | |
|---|---|
| Renter Occupied Households | 38% |
| New Construction (Built after 2000) | 3% |
Demographics
The median age in Stoneham is 44. Stoneham has a population that is significantly older than in comparison to the US median age.
Stoneham 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
| Stoneham | Massachusetts | USA | |
| Median Property Value | 438,700 | 385,400 | 217,600 |
| Median Mortgage Payment | 2,353 | 2,108 | 1,513 |
| Median Gross Rent | 1,390 | 1,208 | 1,012 |
| Property Vacancy | 2.7% | 10.0% | 12.6% |
| % Renters | 34% | 38% | 36% |
| Residents per Sq. Mi. | 3,652 | 885 | 93 |
Personal Comparison
| Stoneham | Massachusetts | USA | |
| Median Household Income | 90,320 | 77,385 | 60,336 |
| Median Individual Income | 52,002 | 41,700 | 33,646 |
| Median Income (Full-Time) | 65,722 | 60,923 | 46,881 |
| Median Age | 44.4 | 39.5 | 38.1 |
| Labor Participation | 70.3% | 67.8% | 62.8% |
| Attained College Degree | 44.8% | 43.4% | 32.0% |
Population Density Analysis
Stoneham, MA
3,652
Residents per Sq. Mile
The population density of Stoneham is comparable to that of a Small 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 +