New Bedford has a population of 100,620 with a median age of 36.8. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 100,620 |
| Median Age | 36.8 |
| White | 60.4% |
| Black or African American | 5.5% |
| Asian | 1.3% |
| Hispanic or Latino | 23.4% |
| Other / Two or More Races | 9.4% |
The median household income in New Bedford is $54,604, which is 27.3% below the national median of $75,149. The per capita income is $29,591. The poverty rate is 18.8%.
The unemployment rate in New Bedford is 7.2%, compared to the national rate of 5.4%.
In New Bedford, 76.3% of residents age 25+ have a high school diploma or higher, and 16.4% hold a bachelor's degree or higher (4.8% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 76.3% |
| Bachelor's Degree or Higher | 16.4% |
| Graduate or Professional Degree | 4.8% |
The median home value in New Bedford is $291,300, above the national median of $281,900. The median monthly rent is $1,026. The homeownership rate is 39.9%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $291,300 |
| Median Monthly Rent | $1,026 |
| Homeownership Rate | 39.9% |
| Vacancy Rate | 6.0% |
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