Swansea, MA
Maps & Population Facts
Population
16,341
Population Density
721
Labor Participaton
69.1%
Bachelor's or Higher
23.7%
Median Household Income
$81,125
Median Individual Income
$41,344
Median Individual Income(Full-time Workers Only)
$52,140
Housing Estimates
Median House Value
$271,800
Median Gross Rent
$894
Median Mortgage Payment
$1,753
Housing Units
6,813
People who reside in Swansea live in:
Detached - Single Family Homes
91%
Apt, Condo, Other
9%
Analysis
Income
Households in Swansea earn significantly more money than the national median income, averaging 34% higher per household.
Housing
Swansea has a median house price of $271,800. The cost of homeownership is slightly higher than most areas. The cost of renting in Swansea is 12% less than the national average.
| Percent | |
|---|---|
| Renter Occupied Households | 38% |
| New Construction (Built after 2000) | 9% |
Demographics
The median age in Swansea is 46. Swansea has a population that is significantly older than in comparison to the US median age.
Swansea 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
| Swansea | Massachusetts | USA | |
| Median Property Value | 271,800 | 385,400 | 217,600 |
| Median Mortgage Payment | 1,753 | 2,108 | 1,513 |
| Median Gross Rent | 894 | 1,208 | 1,012 |
| Property Vacancy | 8.2% | 10.0% | 12.6% |
| % Renters | 14% | 38% | 36% |
| Residents per Sq. Mi. | 721 | 885 | 93 |
Personal Comparison
| Swansea | Massachusetts | USA | |
| Median Household Income | 81,125 | 77,385 | 60,336 |
| Median Individual Income | 41,344 | 41,700 | 33,646 |
| Median Income (Full-Time) | 52,140 | 60,923 | 46,881 |
| Median Age | 46.0 | 39.5 | 38.1 |
| Labor Participation | 69.1% | 67.8% | 62.8% |
| Attained College Degree | 23.7% | 43.4% | 32.0% |
Population Density Analysis
Swansea, MA
721
Residents per Sq. Mile
The population density of Swansea 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 +