Wales, MA
Maps & Population Facts
Population
2,009
Population Density
128
Labor Participaton
62.0%
Bachelor's or Higher
18.1%
Median Household Income
$50,625
Median Individual Income
$34,458
Median Individual Income(Full-time Workers Only)
$50,948
Housing Estimates
Median House Value
$186,000
Median Gross Rent
$848
Median Mortgage Payment
$1,466
Housing Units
962
People who reside in Wales live in:
Detached - Single Family Homes
82%
Apt, Condo, Other
18%
Analysis
Income
Households in Wales earn less money than the national median income, averaging 16% less per household.
Housing
Wales has a median house price of $186,000. The cost of homeownership is slightly less than most areas. The cost of renting in Wales is 16% less than the national average.
Percent | |
---|---|
Renter Occupied Households | 38% |
New Construction (Built after 2000) | 13% |
Demographics
The median age in Wales is 43. Wales has a population that is significantly older than in comparison to the US median age.
Wales 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
Wales | Massachusetts | USA | |
Median Property Value | 186,000 | 385,400 | 217,600 |
Median Mortgage Payment | 1,466 | 2,108 | 1,513 |
Median Gross Rent | 848 | 1,208 | 1,012 |
Property Vacancy | 15.3% | 10.0% | 12.6% |
% Renters | 21% | 38% | 36% |
Residents per Sq. Mi. | 128 | 885 | 93 |
Personal Comparison
Wales | Massachusetts | USA | |
Median Household Income | 50,625 | 77,385 | 60,336 |
Median Individual Income | 34,458 | 41,700 | 33,646 |
Median Income (Full-Time) | 50,948 | 60,923 | 46,881 |
Median Age | 42.9 | 39.5 | 38.1 |
Labor Participation | 62.0% | 67.8% | 62.8% |
Attained College Degree | 18.1% | 43.4% | 32.0% |
Population Density Analysis
Wales, MA
128
Residents per Sq. Mile
The population density of Wales 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 +