Marblehead, Massachusetts Median Income

Marblehead, Massachusetts has a population of 20,500, with a median household income of $94,000.

Current median income data for Marblehead.

$94,000

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Population

20,500

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Median Income

$94,000

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Unemployment

4.70%

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Housing Price

$520,000

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Crime Rate

3.50

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Internet Speed

233.00 Mbps

Marblehead is a small local community located in Massachusetts. The city has a population that is below the average city population in Massachusetts, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Situated in Massachusetts, Marblehead provides insight into regional population trends, income levels, and housing conditions.

Population Overview

Marblehead has a population of 20,500, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Marblehead is $94,000, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Marblehead is about $520,000, making it relatively affordable compared to many cities in Massachusetts.

Employment and Safety

The unemployment rate in Marblehead is 4.70%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Marblehead are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in Massachusetts, Marblehead shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Overall, Marblehead offers a balanced mix of economic conditions, population trends, and housing opportunities within Massachusetts.

Frequently Asked Questions about Marblehead

What is the population of Marblehead?

The population of Marblehead is approximately 20,500.

Is Marblehead a good place to live?

Marblehead offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Marblehead?

The median household income in Marblehead is around $94,000.

How expensive is housing in Marblehead?

The average housing price in Marblehead is approximately $520,000.