Westwood, MA
Maps & Population Facts
Population
15,597
Population Density
1,433
Labor Participaton
67.6%
Bachelor's or Higher
70.4%
Median Household Income
$145,799
Median Individual Income
$71,758
Median Individual Income(Full-time Workers Only)
$102,706
Housing Estimates
Median House Value
$663,000
Median Gross Rent
$1,575
Median Mortgage Payment
$3,162
Housing Units
5,882
People who reside in Westwood live in:
Detached - Single Family Homes
78%
Apt, Condo, Other
22%
Analysis
Income
Households in Westwood earn significantly more money than the national median income, averaging 1.42% higher per household.
Housing
Westwood has a median house price of $663,000, which makes it one of the most expensive places in the United States to own property. The cost of renting in Westwood is 56% more than the national average.
Percent | |
---|---|
Renter Occupied Households | 38% |
New Construction (Built after 2000) | 11% |
Demographics
The median age in Westwood is 45. Westwood has a population that is significantly older than in comparison to the US median age.
Westwood 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
Westwood | Massachusetts | USA | |
Median Property Value | 663,000 | 385,400 | 217,600 |
Median Mortgage Payment | 3,162 | 2,108 | 1,513 |
Median Gross Rent | 1,575 | 1,208 | 1,012 |
Property Vacancy | 6.1% | 10.0% | 12.6% |
% Renters | 14% | 38% | 36% |
Residents per Sq. Mi. | 1,433 | 885 | 93 |
Personal Comparison
Westwood | Massachusetts | USA | |
Median Household Income | 145,799 | 77,385 | 60,336 |
Median Individual Income | 71,758 | 41,700 | 33,646 |
Median Income (Full-Time) | 102,706 | 60,923 | 46,881 |
Median Age | 45.0 | 39.5 | 38.1 |
Labor Participation | 67.6% | 67.8% | 62.8% |
Attained College Degree | 70.4% | 43.4% | 32.0% |
Population Density Analysis
Westwood, MA
1,433
Residents per Sq. Mile
The population density of Westwood 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 +