Living in Marblehead, Massachusetts

Cost of living, income, home prices, rent and demographics of Marblehead · Census data 2020–2024

Marblehead has 20,413 residents with a median age of 49.1. The median household income is $182,132 (75% higher than the Massachusetts median), the median home value is $943,900, the median rent is $1,764/month.

Marblehead at a glance

Population
20,413
Median age
49.1State: 40
Median household income
$182,132State: $103,960
Median home value
$943,900State: $562,100
Median rent
$1,764/moState: $1,762
Homeowners
85.2%
Bachelor's degree or higher
78.3%
Average commute
33 min

Is Marblehead a good place to live?

Pros: Median household income 75% higher than the Massachusetts median; unemployment of 2.6%; a poverty rate of 4.4%.

Cons: Home values 68% higher than the state median; an average commute of 33 minutes.

The weather is best in June to September.

Cost of living in Marblehead

Housing is the biggest part of the cost of living. In Marblehead the median home value is $943,900, 184% higher than the U.S. median. Renters pay a median of $1,764 per month, which is 29.6% of household income. Homeowners with a mortgage pay $3,971 a month in housing costs.

Median home value

Marblehead$943,900
Massachusetts$562,100
United States$332,700

Median monthly rent

Marblehead$1,764
Massachusetts$1,762
United States$1,413

Marblehead median household income

The median household income in Marblehead is $182,132 and the income per person is $103,980. 4.4% of residents live below the poverty line (Massachusetts: 10%).

Median household income

Marblehead$182,132
Massachusetts$103,960
United States$80,734

Housing in Marblehead: homes for sale and rent

Housing units
9,095
Owner-occupied
85.2%
Renter-occupied
14.8%
Vacant
8.9%Includes seasonal homes
Median year built
1944
Average household size
2.45

Marblehead demographics

Population
20,413
Median age
49.1
Under 18
22.3%
65 and older
22.7%
Households
8,289
Foreign-born
6.6%
Veterans
3.9%Adults 18+

Race and ethnicity

White93.3%
Hispanic or Latino2%
Black0.6%
Asian1.4%

Hispanic or Latino can be of any race. Population history of Marblehead ›

Education in Marblehead

78.3% of adults 25 and older in Marblehead have a bachelor's degree or higher (Massachusetts: 47.3%), and 36.8% have a graduate or professional degree.

Bachelor's degree or higher

Marblehead78.3%
Massachusetts47.3%
United States35.7%

Jobs and commute in Marblehead

Unemployment rate
2.6%State: 5.2%
Average commute
33 minState: 29 min
Work from home
34%
Drive alone
51.4%
Public transit
5.4%
Walk to work
2.7%
Homes with broadband
95.7%

Marblehead vs nearby towns

TownPopulationMedian incomeHome valueRent
Marblehead20,413$182,132$943,900$1,764
Salem44,795$85,153$542,800$1,836
Swampscott15,277$134,386$771,100$2,303
Beverly42,665$106,044$650,300$1,771
Lynn101,709$75,043$510,100$1,722
Nahant3,325$112,762$748,800$1,777
Manchester-by-the-Sea5,403$206,389$942,000$1,811
Peabody54,695$96,657$596,200$1,950
Danvers28,098$125,395$644,200$2,076

More for people moving to Marblehead

Marblehead ZIP code ›Weather and climate ›

Living in Marblehead: FAQ

What is the median household income in Marblehead, MA?

The median household income in Marblehead is $182,132, 75% 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 Marblehead?

The median home value in Marblehead is $943,900, compared with $562,100 in Massachusetts.

How much is rent in Marblehead?

The median gross rent in Marblehead is $1,764 per month, about 29.6% of household income.

Is Marblehead, MA a good place to live?

Pluses: median household income 75% higher than the Massachusetts median; unemployment of 2.6%; a poverty rate of 4.4%. Minuses: home values 68% higher than the state median; an average commute of 33 minutes.

What is the median age in Marblehead?

The median age in Marblehead is 49.1 years (Massachusetts: 40).

How long is the commute in Marblehead?

The average commute to work in Marblehead is 33 minutes; 34% of workers work from home.

What is the unemployment rate in Marblehead?

The unemployment rate in Marblehead is 2.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Marblehead?

78.3% of adults in Marblehead 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.

Last updated: