Winchester, MA
Maps & Population Facts
Population
22,579
Population Density
3,743
Labor Participaton
67.8%
Bachelor's or Higher
75.4%
Median Household Income
$152,196
Median Individual Income
$76,847
Median Individual Income(Full-time Workers Only)
$104,792
Housing Estimates
Median House Value
$842,300
Median Gross Rent
$1,568
Median Mortgage Payment
$3,475
Housing Units
8,310
People who reside in Winchester live in:
Detached - Single Family Homes
72%
Apt, Condo, Other
28%
Analysis
Income
Households in Winchester earn significantly more money than the national median income, averaging 1.52% higher per household.
Housing
Winchester has a median house price of $842,300, which makes it one of the most expensive places in the United States to own property. The cost of renting in Winchester is 55% more than the national average.
| Percent | |
|---|---|
| Renter Occupied Households | 38% |
| New Construction (Built after 2000) | 7% |
Demographics
The median age in Winchester is 43. Winchester has a population that is significantly older than in comparison to the US median age.
Winchester 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
| Winchester | Massachusetts | USA | |
| Median Property Value | 842,300 | 385,400 | 217,600 |
| Median Mortgage Payment | 3,475 | 2,108 | 1,513 |
| Median Gross Rent | 1,568 | 1,208 | 1,012 |
| Property Vacancy | 4.6% | 10.0% | 12.6% |
| % Renters | 14% | 38% | 36% |
| Residents per Sq. Mi. | 3,743 | 885 | 93 |
Personal Comparison
| Winchester | Massachusetts | USA | |
| Median Household Income | 152,196 | 77,385 | 60,336 |
| Median Individual Income | 76,847 | 41,700 | 33,646 |
| Median Income (Full-Time) | 104,792 | 60,923 | 46,881 |
| Median Age | 43.3 | 39.5 | 38.1 |
| Labor Participation | 67.8% | 67.8% | 62.8% |
| Attained College Degree | 75.4% | 43.4% | 32.0% |
Population Density Analysis
Winchester, MA
3,743
Residents per Sq. Mile
The population density of Winchester is comparable to that of a Small City.
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 +