West Newbury, MA
Maps & Population Facts
Population
4,545
Population Density
338
Labor Participaton
68.1%
Bachelor's or Higher
53.4%
Median Household Income
$135,882
Median Individual Income
$54,500
Median Individual Income(Full-time Workers Only)
$85,694
Housing Estimates
Median House Value
$490,200
Median Gross Rent
$2,000
Median Mortgage Payment
$2,475
Housing Units
1,688
People who reside in West Newbury live in:
Detached - Single Family Homes
87%
Apt, Condo, Other
13%
Analysis
Income
Households in West Newbury earn significantly more money than the national median income, averaging 1.25% higher per household.
Housing
West Newbury has a median house price of $490,200. The cost of homeownership is significantly higher than most areas. The cost of renting in West Newbury is 98% more than the national average.
| Percent | |
|---|---|
| Renter Occupied Households | 38% |
| New Construction (Built after 2000) | 12% |
Demographics
The median age in West Newbury is 46. West Newbury has a population that is significantly older than in comparison to the US median age.
West Newbury 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
| West Newbury | Massachusetts | USA | |
| Median Property Value | 490,200 | 385,400 | 217,600 |
| Median Mortgage Payment | 2,475 | 2,108 | 1,513 |
| Median Gross Rent | 2,000 | 1,208 | 1,012 |
| Property Vacancy | 5.5% | 10.0% | 12.6% |
| % Renters | 7% | 38% | 36% |
| Residents per Sq. Mi. | 338 | 885 | 93 |
Personal Comparison
| West Newbury | Massachusetts | USA | |
| Median Household Income | 135,882 | 77,385 | 60,336 |
| Median Individual Income | 54,500 | 41,700 | 33,646 |
| Median Income (Full-Time) | 85,694 | 60,923 | 46,881 |
| Median Age | 46.2 | 39.5 | 38.1 |
| Labor Participation | 68.1% | 67.8% | 62.8% |
| Attained College Degree | 53.4% | 43.4% | 32.0% |
Population Density Analysis
West Newbury, MA
338
Residents per Sq. Mile
The population density of West Newbury 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 +