Wellfleet, MA
Maps & Population Facts
Population
3,171
Population Density
160
Labor Participaton
54.9%
Bachelor's or Higher
52.6%
Median Household Income
$59,042
Median Individual Income
$22,183
Median Individual Income(Full-time Workers Only)
$54,875
Housing Estimates
Median House Value
$501,300
Median Gross Rent
$1,027
Median Mortgage Payment
$1,682
Housing Units
4,447
People who reside in Wellfleet live in:
Detached - Single Family Homes
89%
Apt, Condo, Other
11%
Analysis
Income
Households in Wellfleet earn slightly less money than the national median income, averaging 2% less per household.
Housing
Wellfleet has a median house price of $501,300, which makes it one of the most expensive places in the United States to own property. The cost of renting in Wellfleet is 1% more than the national average.
| Percent | |
|---|---|
| Renter Occupied Households | 38% |
| New Construction (Built after 2000) | 15% |
Demographics
The median age in Wellfleet is 58. Wellfleet has a population that is significantly older than in comparison to the US median age.
Wellfleet 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
| Wellfleet | Massachusetts | USA | |
| Median Property Value | 501,300 | 385,400 | 217,600 |
| Median Mortgage Payment | 1,682 | 2,108 | 1,513 |
| Median Gross Rent | 1,027 | 1,208 | 1,012 |
| Property Vacancy | 66.2% | 10.0% | 12.6% |
| % Renters | 17% | 38% | 36% |
| Residents per Sq. Mi. | 160 | 885 | 93 |
Personal Comparison
| Wellfleet | Massachusetts | USA | |
| Median Household Income | 59,042 | 77,385 | 60,336 |
| Median Individual Income | 22,183 | 41,700 | 33,646 |
| Median Income (Full-Time) | 54,875 | 60,923 | 46,881 |
| Median Age | 57.6 | 39.5 | 38.1 |
| Labor Participation | 54.9% | 67.8% | 62.8% |
| Attained College Degree | 52.6% | 43.4% | 32.0% |
Population Density Analysis
Wellfleet, MA
160
Residents per Sq. Mile
The population density of Wellfleet 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 +