Living in Harvard, Massachusetts
Cost of living, income, home prices, rent and demographics of Harvard · Census data 2020–2024
Harvard has 6,927 residents with a median age of 44.1. The median household income is $213,996 (106% higher than the Massachusetts median), the median home value is $833,600, the median rent is $1,321/month.
Harvard at a glance
- Population
- 6,927
- Median age
- 44.1State: 40
- Median household income
- $213,996State: $103,960
- Median home value
- $833,600State: $562,100
- Median rent
- $1,321/moState: $1,762
- Homeowners
- 89.4%
- Bachelor's degree or higher
- 62%
- Average commute
- 32 min
Is Harvard a good place to live?
Pros: Median household income 106% higher than the Massachusetts median; a poverty rate of 4.5%.
Cons: Home values 48% higher than the state median; an average commute of 32 minutes; unemployment of 5.5%.
The weather is best in June to September.
Cost of living in Harvard
Housing is the biggest part of the cost of living. In Harvard the median home value is $833,600, 151% higher than the U.S. median. Renters pay a median of $1,321 per month, which is 37.3% of household income. Homeowners with a mortgage pay $3,655 a month in housing costs.
Harvard median household income
The median household income in Harvard is $213,996 and the income per person is $81,992. 4.5% of residents live below the poverty line (Massachusetts: 10%).
Housing in Harvard: homes for sale and rent
- Housing units
- 2,256
- Owner-occupied
- 89.4%
- Renter-occupied
- 10.6%
- Vacant
- 8.1%Includes seasonal homes
- Median year built
- 1975
- Average household size
- 2.80
Harvard demographics
- Population
- 6,927
- Median age
- 44.1
- Under 18
- 21.1%
- 65 and older
- 16.3%
- Households
- 2,073
- Foreign-born
- 10.2%
- Veterans
- 6.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Harvard ›
Education in Harvard
62% of adults 25 and older in Harvard have a bachelor's degree or higher (Massachusetts: 47.3%), and 30.4% have a graduate or professional degree.
Jobs and commute in Harvard
- Unemployment rate
- 5.5%State: 5.2%
- Average commute
- 32 minState: 29 min
- Work from home
- 44.8%
- Drive alone
- 48.5%
- Public transit
- 1.5%
- Walk to work
- 1.1%
- Homes with broadband
- 95.8%
Harvard vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Harvard | 6,927 | $213,996 | $833,600 | $1,321 |
| Devens | 1,723 | $189,250 | $556,800 | $1,500 |
| Boxborough | 5,496 | $144,611 | $706,900 | $1,887 |
| Ayer | 8,645 | $101,875 | $463,800 | $1,415 |
| Bolton | 5,737 | $205,449 | $796,000 | $1,583 |
| Lancaster | 8,606 | $134,833 | $519,100 | $2,338 |
| Littleton | 10,280 | $149,722 | $658,300 | $2,016 |
| Shirley | 6,976 | $122,365 | $427,600 | $1,481 |
| Littleton Common | 3,289 | $135,074 | $558,200 | $2,306 |
More for people moving to Harvard
Harvard ZIP code ›Weather and climate ›Living in Harvard: FAQ
What is the median household income in Harvard, MA?
The median household income in Harvard is $213,996, 106% higher 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 Harvard?
The median home value in Harvard is $833,600, compared with $562,100 in Massachusetts.
How much is rent in Harvard?
The median gross rent in Harvard is $1,321 per month, about 37.3% of household income.
Is Harvard, MA a good place to live?
Pluses: median household income 106% higher than the Massachusetts median; a poverty rate of 4.5%. Minuses: home values 48% higher than the state median; an average commute of 32 minutes; unemployment of 5.5%.
What is the median age in Harvard?
The median age in Harvard is 44.1 years (Massachusetts: 40).
How long is the commute in Harvard?
The average commute to work in Harvard is 32 minutes; 44.8% of workers work from home.
What is the unemployment rate in Harvard?
The unemployment rate in Harvard is 5.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Harvard?
62% of adults in Harvard 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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