Living in Shrewsbury, Massachusetts

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

Shrewsbury has 38,876 residents with a median age of 40.6. The median household income is $139,302 (34% higher than the Massachusetts median), the median home value is $592,300, the median rent is $2,116/month.

Shrewsbury at a glance

Population
38,876
Median age
40.6State: 40
Median household income
$139,302State: $103,960
Median home value
$592,300State: $562,100
Median rent
$2,116/moState: $1,762
Homeowners
72.2%
Bachelor's degree or higher
65.6%
Average commute
31 min

Is Shrewsbury a good place to live?

Pros: Median household income 34% higher than the Massachusetts median; unemployment of 2.4%; a poverty rate of 3.7%.

Cons: Home values 5% higher than the state median; an average commute of 31 minutes.

The weather is best in June to September.

Cost of living in Shrewsbury

Housing is the biggest part of the cost of living. In Shrewsbury the median home value is $592,300, 78% higher than the U.S. median. Renters pay a median of $2,116 per month, which is 27.5% of household income. Homeowners with a mortgage pay $2,926 a month in housing costs.

Median home value

Shrewsbury$592,300
Massachusetts$562,100
United States$332,700

Median monthly rent

Shrewsbury$2,116
Massachusetts$1,762
United States$1,413

Shrewsbury median household income

The median household income in Shrewsbury is $139,302 and the income per person is $68,008. 3.7% of residents live below the poverty line (Massachusetts: 10%).

Median household income

Shrewsbury$139,302
Massachusetts$103,960
United States$80,734

Housing in Shrewsbury: homes for sale and rent

Housing units
15,393
Owner-occupied
72.2%
Renter-occupied
27.8%
Vacant
4.5%Includes seasonal homes
Median year built
1979
Average household size
2.63

Shrewsbury demographics

Population
38,876
Median age
40.6
Under 18
23.2%
65 and older
15.4%
Households
14,708
Foreign-born
26.8%
Veterans
4%Adults 18+

Race and ethnicity

White61.4%
Hispanic or Latino5.9%
Black2.6%
Asian24%

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

Education in Shrewsbury

65.6% of adults 25 and older in Shrewsbury have a bachelor's degree or higher (Massachusetts: 47.3%), and 34.8% have a graduate or professional degree.

Bachelor's degree or higher

Shrewsbury65.6%
Massachusetts47.3%
United States35.7%

Jobs and commute in Shrewsbury

Unemployment rate
2.4%State: 5.2%
Average commute
31 minState: 29 min
Work from home
26.3%
Drive alone
64.7%
Public transit
0.9%
Walk to work
1.1%
Homes with broadband
95.5%

Shrewsbury vs nearby towns

TownPopulationMedian incomeHome valueRent
Shrewsbury38,876$139,302$592,300$2,116
Northborough15,750$153,199$620,000$1,919
Boylston4,948$140,962$578,600$2,032
Worcester207,055$70,102$374,400$1,487
Grafton19,902$131,484$525,300$1,504
Westborough21,944$141,944$685,300$2,106
West Boylston7,782$104,551$440,000$1,261
Millbury13,961$118,790$450,100$1,623
Berlin3,378$121,336$616,600$2,420

More for people moving to Shrewsbury

Shrewsbury ZIP code ›Weather and climate ›

Living in Shrewsbury: FAQ

What is the median household income in Shrewsbury, MA?

The median household income in Shrewsbury is $139,302, 34% 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 Shrewsbury?

The median home value in Shrewsbury is $592,300, compared with $562,100 in Massachusetts.

How much is rent in Shrewsbury?

The median gross rent in Shrewsbury is $2,116 per month, about 27.5% of household income.

Is Shrewsbury, MA a good place to live?

Pluses: median household income 34% higher than the Massachusetts median; unemployment of 2.4%; a poverty rate of 3.7%. Minuses: home values 5% higher than the state median; an average commute of 31 minutes.

What is the median age in Shrewsbury?

The median age in Shrewsbury is 40.6 years (Massachusetts: 40).

How long is the commute in Shrewsbury?

The average commute to work in Shrewsbury is 31 minutes; 26.3% of workers work from home.

What is the unemployment rate in Shrewsbury?

The unemployment rate in Shrewsbury is 2.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Shrewsbury?

65.6% of adults in Shrewsbury 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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