Living in Newbury, Massachusetts
Cost of living, income, home prices, rent and demographics of Newbury · Census data 2020–2024
Newbury has 6,777 residents with a median age of 55.1. The median household income is $174,868 (68% higher than the Massachusetts median), the median home value is $840,600, the median rent is $1,806/month.
Newbury at a glance
- Population
- 6,777
- Median age
- 55.1State: 40
- Median household income
- $174,868State: $103,960
- Median home value
- $840,600State: $562,100
- Median rent
- $1,806/moState: $1,762
- Homeowners
- 85.8%
- Bachelor's degree or higher
- 60.1%
- Average commute
- 24 min
Is Newbury a good place to live?
Pros: Median household income 68% higher than the Massachusetts median; an average commute of 24 minutes; unemployment of 2.3%; a poverty rate of 4.4%.
Cons: Home values 50% higher than the state median.
The weather is best in June to September.
Cost of living in Newbury
Housing is the biggest part of the cost of living. In Newbury the median home value is $840,600, 153% higher than the U.S. median. Renters pay a median of $1,806 per month, which is 30.8% of household income. Homeowners with a mortgage pay $3,232 a month in housing costs.
Newbury median household income
The median household income in Newbury is $174,868 and the income per person is $86,150. 4.4% of residents live below the poverty line (Massachusetts: 10%).
Housing in Newbury: homes for sale and rent
- Housing units
- 3,169
- Owner-occupied
- 85.8%
- Renter-occupied
- 14.2%
- Vacant
- 12.5%Includes seasonal homes
- Median year built
- 1963
- Average household size
- 2.37
Newbury demographics
- Population
- 6,777
- Median age
- 55.1
- Under 18
- 17.1%
- 65 and older
- 26.5%
- Households
- 2,774
- Foreign-born
- 3.5%
- Veterans
- 8.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Newbury ›
Education in Newbury
60.1% of adults 25 and older in Newbury have a bachelor's degree or higher (Massachusetts: 47.3%), and 29.1% have a graduate or professional degree.
Jobs and commute in Newbury
- Unemployment rate
- 2.3%State: 5.2%
- Average commute
- 24 minState: 29 min
- Work from home
- 21.5%
- Drive alone
- 69.6%
- Public transit
- 0%
- Walk to work
- 2.6%
- Homes with broadband
- 97.5%
Newbury vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Newbury | 6,777 | $174,868 | $840,600 | $1,806 |
| Newburyport | 18,652 | $139,625 | $834,000 | $1,592 |
| Rowley | 6,251 | $132,734 | $667,300 | $1,603 |
| West Newbury | 4,591 | $179,500 | $808,200 | $1,675 |
| Salisbury | 9,281 | $93,361 | $478,700 | $1,691 |
| Ipswich | 13,930 | $138,750 | $745,400 | $1,598 |
| Georgetown | 8,474 | $151,595 | $651,200 | $2,223 |
| Amesbury | 17,403 | $103,554 | $519,300 | $1,683 |
| Groveland | 6,777 | $141,487 | $610,900 | $1,825 |
More for people moving to Newbury
Newbury ZIP code ›Weather and climate ›Living in Newbury: FAQ
What is the median household income in Newbury, MA?
The median household income in Newbury is $174,868, 68% 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 Newbury?
The median home value in Newbury is $840,600, compared with $562,100 in Massachusetts.
How much is rent in Newbury?
The median gross rent in Newbury is $1,806 per month, about 30.8% of household income.
Is Newbury, MA a good place to live?
Pluses: median household income 68% higher than the Massachusetts median; an average commute of 24 minutes; unemployment of 2.3%; a poverty rate of 4.4%. Minuses: home values 50% higher than the state median.
What is the median age in Newbury?
The median age in Newbury is 55.1 years (Massachusetts: 40).
How long is the commute in Newbury?
The average commute to work in Newbury is 24 minutes; 21.5% of workers work from home.
What is the unemployment rate in Newbury?
The unemployment rate in Newbury is 2.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Newbury?
60.1% of adults in Newbury 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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