Topsfield, MA
Maps & Population Facts
Population
6,496
Population Density
546
Labor Participaton
62.8%
Bachelor's or Higher
58.6%
Median Household Income
$131,387
Median Individual Income
$50,270
Median Individual Income(Full-time Workers Only)
$89,938
Housing Estimates
Median House Value
$566,700
Median Gross Rent
$323
Median Mortgage Payment
$2,722
Housing Units
2,271
People who reside in Topsfield live in:
Detached - Single Family Homes
85%
Apt, Condo, Other
15%
Analysis
Income
Households in Topsfield earn significantly more money than the national median income, averaging 1.18% higher per household.
Housing
Topsfield has a median house price of $566,700, which makes it one of the most expensive places in the United States to own property. The cost of renting in Topsfield is 68% less than the national average.
| Percent | |
|---|---|
| Renter Occupied Households | 38% |
| New Construction (Built after 2000) | 11% |
Demographics
The median age in Topsfield is 46. Topsfield has a population that is significantly older than in comparison to the US median age.
Topsfield 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
| Topsfield | Massachusetts | USA | |
| Median Property Value | 566,700 | 385,400 | 217,600 |
| Median Mortgage Payment | 2,722 | 2,108 | 1,513 |
| Median Gross Rent | 323 | 1,208 | 1,012 |
| Property Vacancy | 1.5% | 10.0% | 12.6% |
| % Renters | 5% | 38% | 36% |
| Residents per Sq. Mi. | 546 | 885 | 93 |
Personal Comparison
| Topsfield | Massachusetts | USA | |
| Median Household Income | 131,387 | 77,385 | 60,336 |
| Median Individual Income | 50,270 | 41,700 | 33,646 |
| Median Income (Full-Time) | 89,938 | 60,923 | 46,881 |
| Median Age | 46.3 | 39.5 | 38.1 |
| Labor Participation | 62.8% | 67.8% | 62.8% |
| Attained College Degree | 58.6% | 43.4% | 32.0% |
Population Density Analysis
Topsfield, MA
546
Residents per Sq. Mile
The population density of Topsfield 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 +