Woburn, MA
Maps & Population Facts
Population
39,500
Population Density
3,124
Labor Participaton
70.9%
Bachelor's or Higher
41.4%
Median Household Income
$83,304
Median Individual Income
$43,207
Median Individual Income(Full-time Workers Only)
$59,073
Housing Estimates
Median House Value
$394,900
Median Gross Rent
$1,451
Median Mortgage Payment
$2,173
Housing Units
16,277
People who reside in Woburn live in:
Detached - Single Family Homes
52%
Apt, Condo, Other
48%
Analysis
Income
Households in Woburn earn significantly more money than the national median income, averaging 38% higher per household.
Housing
Woburn has a median house price of $394,900. The cost of homeownership is higher than most areas. The cost of renting in Woburn is 43% more than the national average.
Percent | |
---|---|
Renter Occupied Households | 38% |
New Construction (Built after 2000) | 8% |
Demographics
The median age in Woburn is 40. The age of the general population in Woburn is comparable with with the national average.
Woburn 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
Woburn | Massachusetts | USA | |
Median Property Value | 394,900 | 385,400 | 217,600 |
Median Mortgage Payment | 2,173 | 2,108 | 1,513 |
Median Gross Rent | 1,451 | 1,208 | 1,012 |
Property Vacancy | 6.4% | 10.0% | 12.6% |
% Renters | 38% | 38% | 36% |
Residents per Sq. Mi. | 3,124 | 885 | 93 |
Personal Comparison
Woburn | Massachusetts | USA | |
Median Household Income | 83,304 | 77,385 | 60,336 |
Median Individual Income | 43,207 | 41,700 | 33,646 |
Median Income (Full-Time) | 59,073 | 60,923 | 46,881 |
Median Age | 40.4 | 39.5 | 38.1 |
Labor Participation | 70.9% | 67.8% | 62.8% |
Attained College Degree | 41.4% | 43.4% | 32.0% |
Population Density Analysis
Woburn, MA
3,124
Residents per Sq. Mile
The population density of Woburn 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 +