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Gloucester, Massachusetts

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
30,075
Population
$83,883
Median Income
$600,600
Home Value
50.2
Median Age

Demographics

Gloucester has a population of 30,075 with a median age of 50.2. Here is the racial and ethnic breakdown of the population:

White
89.5%
Hispanic
5.3%
Other
2.0%
Asian
1.7%
Black
1.5%
Demographic Value
Total Population30,075
Median Age50.2
White89.5%
Black or African American1.5%
Asian1.7%
Hispanic or Latino5.3%
Other / Two or More Races2.0%
Gloucester, Massachusetts — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 89.5%Hispanic/Latino: 5.3%Other: 3.2%Other: 2.0%30,075PopulationWhiteWhite89.5%Hispanic/LatinoHispanic/Latino5.3%OtherOther3.2%OtherOther2.0%

Income & Economy

The median household income in Gloucester is $83,883, which is 4.1% above the national median of $80,610. The per capita income is $53,768. The poverty rate is 9.6%.

$83,883
Median Household Income
$53,768
Per Capita Income
9.6%
Poverty Rate

Employment

The unemployment rate in Gloucester is 4.7%, compared to the national rate of 4.1%.

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Education

In Gloucester, 93.5% of residents age 25+ have a high school diploma or higher, and 40.3% hold a bachelor's degree or higher (16.6% with a graduate or professional degree).

HS Diploma+
93.5%
Bachelor's+
40.3%
Graduate+
16.6%
Education Level % of Adults (25+)
High School Diploma or Higher93.5%
Bachelor's Degree or Higher40.3%
Graduate or Professional Degree16.6%

Housing

The median home value in Gloucester is $600,600, above the national median of $303,400. The median monthly rent is $1,411. The homeownership rate is 63.9%.

$600,600
Median Home Value
$1,411/mo
Median Rent
63.9%
Homeownership Rate
Housing Metric Value
Median Home Value$600,600
Median Monthly Rent$1,411
Homeownership Rate63.9%
Vacancy Rate9.6%

Salaries in Massachusetts

Explore salary data for popular occupations in Massachusetts:

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Other Cities in Massachusetts

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Frequently Asked Questions

What is the population of Gloucester, Massachusetts?
The population of Gloucester, Massachusetts is 30,075 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Gloucester, Massachusetts?
The median household income in Gloucester, Massachusetts is $83,883. This is 4.1% above the national median of $80,610.
What is the median home value in Gloucester, Massachusetts?
The median home value in Gloucester, Massachusetts is $600,600. The median monthly rent is $1,411.
What percentage of people in Gloucester have a college degree?
In Gloucester, Massachusetts, 40.3% of adults age 25 and older hold a bachelor's degree or higher, and 93.5% have a high school diploma or higher.
Is Gloucester, Massachusetts an affordable place to live?
The home price-to-income ratio in Gloucester, Massachusetts is 7.2x (median home value $600,600 vs. median income $83,883), making it relatively expensive by that measure. A ratio under 4.0 is generally considered affordable.

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