Last updated: 2024 BLS data · Page refreshed:
Methuen has a population of 53,475 with a median age of 39.9. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 53,475 |
| Median Age | 39.9 |
| White | 56.9% |
| Black or African American | 4.9% |
| Asian | 4.9% |
| Hispanic or Latino | 33.1% |
The median household income in Methuen is $113,310, which is 40.6% above the national median of $80,610. The per capita income is $46,042. The poverty rate is 7.9%.
The unemployment rate in Methuen is 4.3%, compared to the national rate of 4.1%.
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In Methuen, 88.6% of residents age 25+ have a high school diploma or higher, and 31.0% hold a bachelor's degree or higher (11.0% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 88.6% |
| Bachelor's Degree or Higher | 31.0% |
| Graduate or Professional Degree | 11.0% |
The median home value in Methuen is $499,700, above the national median of $303,400. The median monthly rent is $1,749. The homeownership rate is 72.3%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $499,700 |
| Median Monthly Rent | $1,749 |
| Homeownership Rate | 72.3% |
| Vacancy Rate | 2.6% |
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