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Russell, 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
487
Population
$106,806
Median Income
$302,800
Home Value
45.0
Median Age

Demographics

Russell has a population of 487 with a median age of 45.0. Here is the racial and ethnic breakdown of the population:

White
92.0%
Other
6.4%
Hispanic
1.6%
Demographic Value
Total Population487
Median Age45.0
White92.0%
Hispanic or Latino1.6%
Other / Two or More Races6.4%
Russell, Massachusetts — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.White: 92.0%Other: 6.4%Other: 1.6%487PopulationWhiteWhite92.0%OtherOther6.4%OtherOther1.6%

Income & Economy

The median household income in Russell is $106,806, which is 32.5% above the national median of $80,610. The per capita income is $50,642. The poverty rate is 7.0%.

$106,806
Median Household Income
$50,642
Per Capita Income
7.0%
Poverty Rate

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Education

In Russell, 96.0% of residents age 25+ have a high school diploma or higher, and 29.1% hold a bachelor's degree or higher (12.4% with a graduate or professional degree).

HS Diploma+
96.0%
Bachelor's+
29.1%
Graduate+
12.4%
Education Level % of Adults (25+)
High School Diploma or Higher96.0%
Bachelor's Degree or Higher29.1%
Graduate or Professional Degree12.4%

Housing

The median home value in Russell is $302,800, below the national median of $303,400. The median monthly rent is $825. The homeownership rate is 86.4%.

$302,800
Median Home Value
$825/mo
Median Rent
86.4%
Homeownership Rate
Housing Metric Value
Median Home Value$302,800
Median Monthly Rent$825
Homeownership Rate86.4%
Vacancy Rate15.6%

Salaries in Massachusetts

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Other Cities in Massachusetts

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Frequently Asked Questions

What is the population of Russell, Massachusetts?
The population of Russell, Massachusetts is 487 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Russell, Massachusetts?
The median household income in Russell, Massachusetts is $106,806. This is 32.5% above the national median of $80,610.
What is the median home value in Russell, Massachusetts?
The median home value in Russell, Massachusetts is $302,800. The median monthly rent is $825.
What percentage of people in Russell have a college degree?
In Russell, Massachusetts, 29.1% of adults age 25 and older hold a bachelor's degree or higher, and 96.0% have a high school diploma or higher.
Is Russell, Massachusetts an affordable place to live?
The home price-to-income ratio in Russell, Massachusetts is 2.8x (median home value $302,800 vs. median income $106,806), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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