Living in North Reading, Massachusetts
Cost of living, income, home prices, rent and demographics of North Reading · Census data 2020–2024
North Reading has 15,765 residents with a median age of 43. The median household income is $147,768 (42% higher than the Massachusetts median), the median home value is $710,500, the median rent is $2,259/month.
North Reading at a glance
- Population
- 15,765
- Median age
- 43State: 40
- Median household income
- $147,768State: $103,960
- Median home value
- $710,500State: $562,100
- Median rent
- $2,259/moState: $1,762
- Homeowners
- 84.3%
- Bachelor's degree or higher
- 56.4%
- Average commute
- 34 min
Is North Reading a good place to live?
Pros: Median household income 42% higher than the Massachusetts median; unemployment of 3.6%; a poverty rate of 2.7%.
Cons: Home values 26% higher than the state median; an average commute of 34 minutes.
The weather is best in June to September.
Cost of living in North Reading
Housing is the biggest part of the cost of living. In North Reading the median home value is $710,500, 114% higher than the U.S. median. Renters pay a median of $2,259 per month, which is 48.2% of household income. Homeowners with a mortgage pay $3,324 a month in housing costs.
North Reading median household income
The median household income in North Reading is $147,768 and the income per person is $77,099. 2.7% of residents live below the poverty line (Massachusetts: 10%).
Housing in North Reading: homes for sale and rent
- Housing units
- 5,933
- Owner-occupied
- 84.3%
- Renter-occupied
- 15.7%
- Vacant
- 1.8%Includes seasonal homes
- Median year built
- 1975
- Average household size
- 2.68
North Reading demographics
- Population
- 15,765
- Median age
- 43
- Under 18
- 22.3%
- 65 and older
- 16.7%
- Households
- 5,825
- Foreign-born
- 6.7%
- Veterans
- 5.2%Adults 18+
Hispanic or Latino can be of any race. Population history of North Reading ›
Education in North Reading
56.4% of adults 25 and older in North Reading have a bachelor's degree or higher (Massachusetts: 47.3%), and 22.3% have a graduate or professional degree.
Jobs and commute in North Reading
- Unemployment rate
- 3.6%State: 5.2%
- Average commute
- 34 minState: 29 min
- Work from home
- 26.1%
- Drive alone
- 65.2%
- Public transit
- 1.3%
- Walk to work
- 2.1%
- Homes with broadband
- 95.9%
North Reading vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| North Reading | 15,765 | $147,768 | $710,500 | $2,259 |
| Reading | 25,612 | $165,912 | $809,000 | $1,991 |
| Lynnfield | 13,064 | $175,265 | $917,600 | $2,676 |
| Wilmington | 23,336 | $168,152 | $680,500 | $2,394 |
| Middleton | 9,816 | $167,402 | $742,700 | $1,407 |
| Wakefield | 27,793 | $134,306 | $723,500 | $1,958 |
| Andover | 36,652 | $172,606 | $855,600 | $2,201 |
| Peabody | 54,695 | $96,657 | $596,200 | $1,950 |
| North Andover | 31,490 | $140,670 | $732,900 | $2,223 |
More for people moving to North Reading
North Reading ZIP code ›Weather and climate ›Living in North Reading: FAQ
What is the median household income in North Reading, MA?
The median household income in North Reading is $147,768, 42% 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 North Reading?
The median home value in North Reading is $710,500, compared with $562,100 in Massachusetts.
How much is rent in North Reading?
The median gross rent in North Reading is $2,259 per month, about 48.2% of household income.
Is North Reading, MA a good place to live?
Pluses: median household income 42% higher than the Massachusetts median; unemployment of 3.6%; a poverty rate of 2.7%. Minuses: home values 26% higher than the state median; an average commute of 34 minutes.
What is the median age in North Reading?
The median age in North Reading is 43 years (Massachusetts: 40).
How long is the commute in North Reading?
The average commute to work in North Reading is 34 minutes; 26.1% of workers work from home.
What is the unemployment rate in North Reading?
The unemployment rate in North Reading is 3.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is North Reading?
56.4% of adults in North Reading 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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