Wilmington, MA
Maps & Population Facts
Population
23,538
Population Density
1,387
Labor Participaton
73.1%
Bachelor's or Higher
40.8%
Median Household Income
$118,549
Median Individual Income
$51,126
Median Individual Income(Full-time Workers Only)
$65,545
Housing Estimates
Median House Value
$422,800
Median Gross Rent
$1,772
Median Mortgage Payment
$2,347
Housing Units
8,074
People who reside in Wilmington live in:
Detached - Single Family Homes
84%
Apt, Condo, Other
16%
Analysis
Income
Households in Wilmington earn significantly more money than the national median income, averaging 96% higher per household.
Housing
Wilmington has a median house price of $422,800. The cost of homeownership is significantly higher than most areas. The cost of renting in Wilmington is 75% more than the national average.
| Percent | |
|---|---|
| Renter Occupied Households | 38% |
| New Construction (Built after 2000) | 14% |
Demographics
The median age in Wilmington is 42. Wilmington has a population that is older than in comparison to the US median age.
Wilmington 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
| Wilmington | Massachusetts | USA | |
| Median Property Value | 422,800 | 385,400 | 217,600 |
| Median Mortgage Payment | 2,347 | 2,108 | 1,513 |
| Median Gross Rent | 1,772 | 1,208 | 1,012 |
| Property Vacancy | 1.6% | 10.0% | 12.6% |
| % Renters | 16% | 38% | 36% |
| Residents per Sq. Mi. | 1,387 | 885 | 93 |
Personal Comparison
| Wilmington | Massachusetts | USA | |
| Median Household Income | 118,549 | 77,385 | 60,336 |
| Median Individual Income | 51,126 | 41,700 | 33,646 |
| Median Income (Full-Time) | 65,545 | 60,923 | 46,881 |
| Median Age | 42.3 | 39.5 | 38.1 |
| Labor Participation | 73.1% | 67.8% | 62.8% |
| Attained College Degree | 40.8% | 43.4% | 32.0% |
Population Density Analysis
Wilmington, MA
1,387
Residents per Sq. Mile
The population density of Wilmington 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 +