Living in Gloucester, Massachusetts
Cost of living, income, home prices, rent and demographics of Gloucester · Census data 2020–2024
Gloucester has 30,075 residents with a median age of 50.2. The median household income is $83,883 (19% lower than the Massachusetts median), the median home value is $600,600, the median rent is $1,411/month.
Gloucester at a glance
- Population
- 30,075
- Median age
- 50.2State: 40
- Median household income
- $83,883State: $103,960
- Median home value
- $600,600State: $562,100
- Median rent
- $1,411/moState: $1,762
- Homeowners
- 63.9%
- Bachelor's degree or higher
- 40.3%
- Average commute
- 24 min
Is Gloucester a good place to live?
Pros: An average commute of 24 minutes; a poverty rate of 9.6%.
Cons: Median household income 19% lower than the Massachusetts median; home values 7% higher than the state median; unemployment of 6.5%.
The weather is best in June to September.
Cost of living in Gloucester
Housing is the biggest part of the cost of living. In Gloucester the median home value is $600,600, 81% higher than the U.S. median. Renters pay a median of $1,411 per month, which is 33.9% of household income. Homeowners with a mortgage pay $2,661 a month in housing costs.
Gloucester median household income
The median household income in Gloucester is $83,883 and the income per person is $53,768. 9.6% of residents live below the poverty line (Massachusetts: 10%).
Housing in Gloucester: homes for sale and rent
- Housing units
- 14,867
- Owner-occupied
- 63.9%
- Renter-occupied
- 36.1%
- Vacant
- 9.6%Includes seasonal homes
- Median year built
- 1946
- Average household size
- 2.22
Gloucester demographics
- Population
- 30,075
- Median age
- 50.2
- Under 18
- 15.1%
- 65 and older
- 27.9%
- Households
- 13,444
- Foreign-born
- 10.2%
- Veterans
- 5.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Gloucester ›
Education in Gloucester
40.3% of adults 25 and older in Gloucester have a bachelor's degree or higher (Massachusetts: 47.3%), and 16.6% have a graduate or professional degree.
Jobs and commute in Gloucester
- Unemployment rate
- 6.5%State: 5.2%
- Average commute
- 24 minState: 29 min
- Work from home
- 12.7%
- Drive alone
- 71.9%
- Public transit
- 2.2%
- Walk to work
- 6%
- Homes with broadband
- 90.7%
Gloucester vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Gloucester | 30,075 | $83,883 | $600,600 | $1,411 |
| Essex | 3,701 | $157,147 | $897,400 | $1,964 |
| Rockport | 7,009 | $96,250 | $746,100 | $1,851 |
| Manchester-by-the-Sea | 5,403 | $206,389 | $942,000 | $1,811 |
| Hamilton | 7,600 | $129,833 | $720,000 | $1,794 |
| Ipswich | 13,930 | $138,750 | $745,400 | $1,598 |
| Beverly | 42,665 | $106,044 | $650,300 | $1,771 |
| Wenham | 4,929 | $194,781 | $885,400 | — |
| Rowley | 6,251 | $132,734 | $667,300 | $1,603 |
More for people moving to Gloucester
Gloucester ZIP code ›Weather and climate ›Living in Gloucester: FAQ
What is the median household income in Gloucester, MA?
The median household income in Gloucester is $83,883, 19% lower than the Massachusetts median of $103,960 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Gloucester?
The median home value in Gloucester is $600,600, compared with $562,100 in Massachusetts.
How much is rent in Gloucester?
The median gross rent in Gloucester is $1,411 per month, about 33.9% of household income.
Is Gloucester, MA a good place to live?
Pluses: an average commute of 24 minutes; a poverty rate of 9.6%. Minuses: median household income 19% lower than the Massachusetts median; home values 7% higher than the state median; unemployment of 6.5%.
What is the median age in Gloucester?
The median age in Gloucester is 50.2 years (Massachusetts: 40).
How long is the commute in Gloucester?
The average commute to work in Gloucester is 24 minutes; 12.7% of workers work from home.
What is the unemployment rate in Gloucester?
The unemployment rate in Gloucester is 6.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Gloucester?
40.3% of adults in Gloucester have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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