Last updated: 2024 BLS data · Page refreshed:
Amherst has a population of 38,182 with a median age of 21.4. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 38,182 |
| Median Age | 21.4 |
| White | 66.6% |
| Black or African American | 5.1% |
| Asian | 14.4% |
| Hispanic or Latino | 9.0% |
| Other / Two or More Races | 4.9% |
The median household income in Amherst is $66,968, which is 16.9% below the national median of $80,610. The per capita income is $30,708. The poverty rate is 23.7%.
The unemployment rate in Amherst is 4.4%, compared to the national rate of 4.1%.
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In Amherst, 96.9% of residents age 25+ have a high school diploma or higher, and 75.6% hold a bachelor's degree or higher (53.0% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 96.9% |
| Bachelor's Degree or Higher | 75.6% |
| Graduate or Professional Degree | 53.0% |
The median home value in Amherst is $484,900, above the national median of $303,400. The median monthly rent is $1,671. The homeownership rate is 44.2%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $484,900 |
| Median Monthly Rent | $1,671 |
| Homeownership Rate | 44.2% |
| Vacancy Rate | 11.2% |
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