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Boston, Massachusetts Mortgage and Housing Information
Population: 589,141
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.
Lifestyle in Boston
Income
| U.S. | Massachusetts | Boston | |
|---|---|---|---|
| Median Earnings | $27,239 | $32,711 | $30,245 |
| Median Earnings, Males | $32,396 | $40,907 | $32,928 |
| Median Earnings, Females | $22,097 | $26,662 | $25,709 |
Males earn $7,219 (28.1%) more than Females in Boston.
Commuting in Boston
Means of transportation to work, workers over 16 years old.
| Means of Transport | Number of People |
|---|---|
| Car, solo | 115,618 |
| Carpooled | 25,662 |
| Public Transit | 89,906 |
| Bicycle | 2,705 |
| Walking | 36,323 |
| Other Means | 1,656 |
| Total, Commuted | 271,870 |
| Worked from home | 6,593 |
| Total | 278,463 |
Time Spent Commuting in Boston
Time spent commuting in Boston
| Time spent in minutes | Number of People |
|---|---|
| Less than 5 | 5,125 |
| 5-9 | 16,870 |
| 10-14 | 25,955 |
| 15-19 | 36,189 |
| 20-24 | 41,676 |
| 25-29 | 16,415 |
| 30-34 | 54,859 |
| 35-39 | 9,732 |
| 40-44 | 13,270 |
| 45-59 | 29,114 |
| 60-89 | 16,776 |
| Over 90 | 5,889 |
Education
| Level | Number of Males | Percent of Males | Number of Females | Percent of Females |
|---|---|---|---|---|
| Some College | 20,446 | 11.1% | 24,954 | 13.6% |
| Associate Degree | 8,485 | 4.6% | 10,406 | 5.7% |
| Bachelor's Degree | 42,207 | 23.0% | 46,024 | 25.0% |
| Master's Degree | 22,012 | 12.0% | 23,816 | 13.0% |
| Professional Degree | 8,550 | 4.7% | 6,357 | 3.5% |
| Doctorate Degree | 5,612 | 3.1% | 3,960 | 2.2% |
| Total (at least some college) | 107,312 | 58.4% | 115,517 | 58.4% |
| Total over 25 | 183,782 | 100% | 197,776 | 100% |
Housing in Boston
Value of Houses and Condos
| U.S. | Massachusetts | Boston | |
|---|---|---|---|
| Median home value in year 2006 | $185,200 | $370,400 | $432,800 |
Monthly Owner Costs
| U.S. | Massachusetts | Boston | |
|---|---|---|---|
| With a mortgage | $1,402 | $1,925 | $2,186 |
| Without a mortgage | $399 | $616 | $665 |
Tenancy in Boston
| Owner-occupied homes | 89,280 |
|---|---|
| Renter-occupied homes | 142,242 |
| Homes for sale | 2,869 |
| Homes for rent | 8,288 |
| Total | 254,563 |
Ownership of Houses and Condos
Types of mortgages for owner-occupied Houses and Condos in Boston (2006)
| Mortgage Type | Number of Houses and Condos | Percent of total |
|---|---|---|
| Without a mortgage | 21,684 | 24.3% |
| First Mortgage Only | 47,952 | 53.7% |
| Second Mortgage and/or Home Equity Loan | 19,644 | 22.0% |
| Total | 89,280 | 100% |
Age of Boston Residents
| Males | Females |
|---|---|
| 30 | 31 |
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