Wayland, MA
Maps & Population Facts
Population
13,700
Population Density
911
Labor Participaton
68.4%
Bachelor's or Higher
82.6%
Median Household Income
$166,893
Median Individual Income
$76,285
Median Individual Income(Full-time Workers Only)
$112,743
Housing Estimates
Median House Value
$661,500
Median Gross Rent
$1,086
Median Mortgage Payment
$3,326
Housing Units
5,268
People who reside in Wayland live in:
Detached - Single Family Homes
83%
Apt, Condo, Other
17%
Analysis
Income
Households in Wayland earn significantly more money than the national median income, averaging 1.77% higher per household.
Housing
Wayland has a median house price of $661,500, which makes it one of the most expensive places in the United States to own property. The cost of renting in Wayland is 7% more than the national average.
| Percent | |
|---|---|
| Renter Occupied Households | 38% |
| New Construction (Built after 2000) | 7% |
Demographics
The median age in Wayland is 44. Wayland has a population that is significantly older than in comparison to the US median age.
Wayland 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
| Wayland | Massachusetts | USA | |
| Median Property Value | 661,500 | 385,400 | 217,600 |
| Median Mortgage Payment | 3,326 | 2,108 | 1,513 |
| Median Gross Rent | 1,086 | 1,208 | 1,012 |
| Property Vacancy | 5.1% | 10.0% | 12.6% |
| % Renters | 11% | 38% | 36% |
| Residents per Sq. Mi. | 911 | 885 | 93 |
Personal Comparison
| Wayland | Massachusetts | USA | |
| Median Household Income | 166,893 | 77,385 | 60,336 |
| Median Individual Income | 76,285 | 41,700 | 33,646 |
| Median Income (Full-Time) | 112,743 | 60,923 | 46,881 |
| Median Age | 44.4 | 39.5 | 38.1 |
| Labor Participation | 68.4% | 67.8% | 62.8% |
| Attained College Degree | 82.6% | 43.4% | 32.0% |
Population Density Analysis
Wayland, MA
911
Residents per Sq. Mile
The population density of Wayland 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 +