Living in Swampscott, Massachusetts
Cost of living, income, home prices, rent and demographics of Swampscott · Census data 2020–2024
Swampscott has 15,277 residents with a median age of 44.5. The median household income is $134,386 (29% higher than the Massachusetts median), the median home value is $771,100, the median rent is $2,303/month.
Swampscott at a glance
- Population
- 15,277
- Median age
- 44.5State: 40
- Median household income
- $134,386State: $103,960
- Median home value
- $771,100State: $562,100
- Median rent
- $2,303/moState: $1,762
- Homeowners
- 75.9%
- Bachelor's degree or higher
- 62.2%
- Average commute
- 34 min
Is Swampscott a good place to live?
Pros: Median household income 29% higher than the Massachusetts median; a poverty rate of 7.1%.
Cons: Home values 37% higher than the state median; an average commute of 34 minutes; unemployment of 6.1%.
The weather is best in June to September.
Cost of living in Swampscott
Housing is the biggest part of the cost of living. In Swampscott the median home value is $771,100, 132% higher than the U.S. median. Renters pay a median of $2,303 per month, which is 32% of household income. Homeowners with a mortgage pay $3,465 a month in housing costs.
Swampscott median household income
The median household income in Swampscott is $134,386 and the income per person is $78,590. 7.1% of residents live below the poverty line (Massachusetts: 10%).
Housing in Swampscott: homes for sale and rent
- Housing units
- 6,593
- Owner-occupied
- 75.9%
- Renter-occupied
- 24.1%
- Vacant
- 6.6%Includes seasonal homes
- Median year built
- 1955
- Average household size
- 2.46
Swampscott demographics
- Population
- 15,277
- Median age
- 44.5
- Under 18
- 20.1%
- 65 and older
- 20.4%
- Households
- 6,155
- Foreign-born
- 20.5%
- Veterans
- 4%Adults 18+
Hispanic or Latino can be of any race. Population history of Swampscott ›
Education in Swampscott
62.2% of adults 25 and older in Swampscott have a bachelor's degree or higher (Massachusetts: 47.3%), and 31.1% have a graduate or professional degree.
Jobs and commute in Swampscott
- Unemployment rate
- 6.1%State: 5.2%
- Average commute
- 34 minState: 29 min
- Work from home
- 27.2%
- Drive alone
- 54.5%
- Public transit
- 11.4%
- Walk to work
- 1.5%
- Homes with broadband
- 96.7%
Swampscott vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Swampscott | 15,277 | $134,386 | $771,100 | $2,303 |
| Salem | 44,795 | $85,153 | $542,800 | $1,836 |
| Marblehead | 20,413 | $182,132 | $943,900 | $1,764 |
| Lynn | 101,709 | $75,043 | $510,100 | $1,722 |
| Nahant | 3,325 | $112,762 | $748,800 | $1,777 |
| Revere | 60,012 | $86,969 | $597,400 | $2,076 |
| Peabody | 54,695 | $96,657 | $596,200 | $1,950 |
| Saugus | 28,773 | $101,539 | $603,400 | $2,241 |
| Beverly | 42,665 | $106,044 | $650,300 | $1,771 |
More for people moving to Swampscott
Swampscott ZIP code ›Weather and climate ›Living in Swampscott: FAQ
What is the median household income in Swampscott, MA?
The median household income in Swampscott is $134,386, 29% 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 Swampscott?
The median home value in Swampscott is $771,100, compared with $562,100 in Massachusetts.
How much is rent in Swampscott?
The median gross rent in Swampscott is $2,303 per month, about 32% of household income.
Is Swampscott, MA a good place to live?
Pluses: median household income 29% higher than the Massachusetts median; a poverty rate of 7.1%. Minuses: home values 37% higher than the state median; an average commute of 34 minutes; unemployment of 6.1%.
What is the median age in Swampscott?
The median age in Swampscott is 44.5 years (Massachusetts: 40).
How long is the commute in Swampscott?
The average commute to work in Swampscott is 34 minutes; 27.2% of workers work from home.
What is the unemployment rate in Swampscott?
The unemployment rate in Swampscott is 6.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Swampscott?
62.2% of adults in Swampscott 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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