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Woburn, 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
41,939
Population
$111,185
Median Income
$673,500
Home Value
39.3
Median Age

Demographics

Woburn has a population of 41,939 with a median age of 39.3. Here is the racial and ethnic breakdown of the population:

White
73.4%
Hispanic
8.1%
Asian
8.0%
Other
6.1%
Black
4.4%
Demographic Value
Total Population41,939
Median Age39.3
White73.4%
Black or African American4.4%
Asian8.0%
Hispanic or Latino8.1%
Other / Two or More Races6.1%
Woburn, Massachusetts — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 73.4%Hispanic/Latino: 8.1%Asian: 8.0%Other: 6.1%Black: 4.4%41,939PopulationWhiteWhite73.4%Hispanic/LatinoHispanic/Latino8.1%AsianAsian8.0%OtherOther6.1%BlackBlack4.4%

Income & Economy

The median household income in Woburn is $111,185, which is 37.9% above the national median of $80,610. The per capita income is $58,435. The poverty rate is 7.9%.

$111,185
Median Household Income
$58,435
Per Capita Income
7.9%
Poverty Rate

Employment

The unemployment rate in Woburn is 3.7%, compared to the national rate of 4.1%.

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Education

In Woburn, 94.9% of residents age 25+ have a high school diploma or higher, and 46.5% hold a bachelor's degree or higher (19.1% with a graduate or professional degree).

HS Diploma+
94.9%
Bachelor's+
46.5%
Graduate+
19.1%
Education Level % of Adults (25+)
High School Diploma or Higher94.9%
Bachelor's Degree or Higher46.5%
Graduate or Professional Degree19.1%

Housing

The median home value in Woburn is $673,500, above the national median of $303,400. The median monthly rent is $2,221. The homeownership rate is 55.7%.

$673,500
Median Home Value
$2,221/mo
Median Rent
55.7%
Homeownership Rate
Housing Metric Value
Median Home Value$673,500
Median Monthly Rent$2,221
Homeownership Rate55.7%
Vacancy Rate3.6%

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 Woburn, Massachusetts?
The population of Woburn, Massachusetts is 41,939 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Woburn, Massachusetts?
The median household income in Woburn, Massachusetts is $111,185. This is 37.9% above the national median of $80,610.
What is the median home value in Woburn, Massachusetts?
The median home value in Woburn, Massachusetts is $673,500. The median monthly rent is $2,221.
What percentage of people in Woburn have a college degree?
In Woburn, Massachusetts, 46.5% of adults age 25 and older hold a bachelor's degree or higher, and 94.9% have a high school diploma or higher.
Is Woburn, Massachusetts an affordable place to live?
The home price-to-income ratio in Woburn, Massachusetts is 6.1x (median home value $673,500 vs. median income $111,185), making it relatively expensive by that measure. A ratio under 4.0 is generally considered affordable.

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