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Gloucester, Massachusetts Mortgage and Housing Information
Population: 30,273
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.
Cost of Single-Family Houses
| Median price asked in year 2000 | $300,000 |
|---|
Value of Houses and Condos
| U.S. | Massachusetts | Gloucester | |
|---|---|---|---|
| Median home value in year 2000 | $111,800 | $182,800 | $203,400 |
Monthly Owner Costs
| U.S. | Massachusetts | Gloucester | |
|---|---|---|---|
| With a mortgage | $1,088 | $1,353 | $1,385 |
| Without a mortgage | $295 | $406 | $429 |
Ownership of Single-family Houses
| Mortgage Type | Number of Single-family Houses | Percent of total |
|---|---|---|
| Without a mortgage | 1,836 | 31.7% |
| First Mortgage Only | 3,051 | 52.6% |
| Second Mortgage and/or Home Equity Loan | 912 | 15.7% |
| Total | 5,799 | 100% |
Tenancy in Gloucester
| Owner-occupied homes | 7,523 |
|---|---|
| Renter-occupied homes | 5,069 |
| Homes for sale | 63 |
| Homes for rent | 142 |
| Total | 13,958 |
Age of Gloucester Residents
| Males | 39 |
|---|---|
| Females | 41 |
Income
| U.S. | Massachusetts | Gloucester | |
|---|---|---|---|
| Median Earnings | $23,755 | $28,420 | $28,950 |
| Median Earnings, Males | $29,458 | $35,485 | $35,640 |
| Median Earnings, Females | $18,957 | $22,454 | $23,434 |
Males earn $12,206 (52.1%) more than Females in Gloucester.
Commuting in Gloucester
| Means of Transport | Number of People |
|---|---|
| Car, solo | 11,851 |
| Carpooled | 1,166 |
| Public Transit | 578 |
| Bicycle | 10 |
| Walking | 757 |
| Other Means | 89 |
| Total, Commuted | 14,451 |
| Worked from home | 653 |
| Total | 15,104 |
Time Spent Commuting in Gloucester
| Time spent in minutes | Number of People |
|---|---|
| Less than 5 | 792 |
| 5-9 | 2,989 |
| 10-14 | 2,881 |
| 15-19 | 1,636 |
| 20-24 | 1,224 |
| 25-29 | 542 |
| 30-34 | 1,113 |
| 35-39 | 311 |
| 40-44 | 383 |
| 45-59 | 1,088 |
| 60-89 | 983 |
| Over 90 | 509 |
Education
| Level | Number of Males | Percent of Males | Number of Females | Percent of Females |
|---|---|---|---|---|
| Some College | 1,876 | 18.5% | 2,003 | 19.8% |
| Associate Degree | 734 | 7.2% | 1,151 | 11.4% |
| Bachelor's Degree | 1,887 | 18.6% | 1,838 | 18.1% |
| Master's Degree | 692 | 6.8% | 839 | 8.3% |
| Professional Degree | 242 | 2.4% | 172 | 1.7% |
| Doctorate Degree | 169 | 1.7% | 99 | 1.0% |
| Total (at least some college) | 5,600 | 55.3% | 6,102 | 53.2% |
| Total over 25 | 10,133 | 100% | 11,465 | 100% |
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