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Gloucester Massachusetts Real Estate By Jennifer Hershey

Gloucester Massachusetts Real Estate

Gloucester, Massachusetts, is located in Essex County, 17 miles NE of Lynn, Massachusetts and 28 miles NE of Boston, Massachusetts. Gloucester has a population of 30,273.

Gloucester Homes

Gloucester properties pool is 12,592 residential properties including Gloucester new homes. Median age of real estate in Gloucester is 1939. Average Household size is 3 people. 4% are one bedroom homes, 24% are 2 bedroom homes, 47% are 3 bedroom homes, 17% are 4 bedroom homes, and 8% are 5+ bedroom homes.

Gloucester Mortgage Statistics

Gloucester mortgages vs. USA median statistics

Homes Gloucester USA
Homes With No Mortgage 32%
30%
Homes With Mortgage 68%
70%
First Mortgage Only 53%
54%
First & Second Mortgage or HELOC 15%
16%

Gloucester Area Real Estate Tax

Gloucester Real estate Tax: Median Real Estate Taxes (2000) were $2,605 comparing to 1999 Median Family income $ 58,459. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Gloucester School District: Children make up 22% of Gloucester population. Gloucester has 6,659 under 18 years old residents, or 0.44 kids per one worker, or 0.53 kids per one household.

Gloucester Real Estate & Gloucester Homeownership

There are 3903.52 or 31% one person households, 4155.36 or 33% two person households, and 1888.8 or 15% three person households in Gloucester, Massachusetts. Median residents age is 40.1, Senior citizens (65+) make up 4,713 or 15.6%% of Gloucester population.

There are 15,104 workers (over 16 years of age) in Gloucester. Of these, 86.18% drive to work. Approximately 3.83% of workers in Gloucester take public transportation. An estimated 5.01% walk to work.

Median Gloucester homeowner's housing expences are 21.3%

Crime in Gloucester (2003), crimes per 10,000 residents per year

Type of Crime Gloucester USA, 2003
Violent Crimes
17.51
47.5
Robberies
0.99
14.2
Aggravated Assaults
15.53
29.5
Property Crimes
199.52
358.8
Burglaries
37.33
74.0
Larceny-Thefts
156.24
241.5
Motor Vehicle Thefts
5.95
43.3

Invest in Gloucester Properties

When making a decision about buying real estate in Gloucester Massachusetts area, you should consider following statistical data:

Category Gloucester USA
Near Medium City
Lynn, Massachusetts
-
Near Large City
Boston, Massachusetts
-
Gloucester Zip Codes
01930
-
Gloucester Area Codes
978
-
White population
96.99%
75.1%
African-American population
0.61%
12.3%
Asian
0.72%
3.6%
American Indian & Alaskan
0.12%
0.9%
Hispanic (of any race)
1.48%
12.5%
Median Family Income (1999)
$ 58,459%
$42,000
Population Below Poverty Level
8.69%
12.4%

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See Also:

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Andover Massachusetts Real Estate
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