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Groton, Massachusetts Mortgage and Housing Information

Population: 1,113
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
$450,000

Value of Houses and Condos

A comparison of the average prices of homes in Groton, Massachusetts and the U.S.
U.S.MassachusettsGroton
Median home value
in year 2000
$111,800$182,800$282,700

Monthly Owner Costs

Median owner costs for owner-occupied houses and condos in year 2000
U.S.MassachusettsGroton
With a mortgage$1,088$1,353$1,823
Without a mortgage$295$406$480

Ownership of Single-family Houses

Types of mortgages for owner-occupied Single-family Houses in Groton (2000)
Mortgage TypeNumber of Single-family HousesPercent of total
Without a mortgage6637.5%
First Mortgage Only6335.8%
Second Mortgage and/or Home Equity Loan4726.7%
Total176100%

Tenancy in Groton

How many people in Groton live in their own home? How many rent their home? Data for houses and condos, from 2000.
Owner-occupied homes248
Renter-occupied homes194
Homes for sale2
Homes for rent6
Total459

Age of Groton Residents

Median age for males and females (2000).
Males 32
Females 37

Income

Median earnings for the 12 months preceding 2000, residents over 16 years with earnings
U.S.MassachusettsGroton
Median Earnings$23,755$28,420$35,956
Median Earnings, Males$29,458$35,485$56,136
Median Earnings, Females$18,957$22,454$30,114

Males earn $26,022 (86.4%) more than Females in Groton.

Commuting in Groton

Means of transportation to work, workers over 16 years old.
Means of TransportNumber of People
Car, solo461
Carpooled0
Public Transit0
Bicycle0
Walking72
Other Means0
Total, Commuted533
Worked from home35
Total568

Time Spent Commuting in Groton

Time spent commuting in Groton
Time spent in minutesNumber of People
Less than 578
5-950
10-1443
15-1927
20-2475
25-290
30-3469
35-3917
40-4489
45-5923
60-8962
Over 900

Education

Level of higher education for people over 25 years in Groton (2000).
LevelNumber of MalesPercent of MalesNumber of FemalesPercent of Females
Some College319.3%5616.8%
Associate Degree103.0%6218.6%
Bachelor's Degree8224.6%10732.0%
Master's Degree10932.6%10330.8%
Professional Degree72.1%92.7%
Doctorate Degree144.2%00.0%
Total (at least some college)25375.7%33775.6%
Total over 25334100%446100%

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