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Worcester Metro Area Housing

 

As of 2010-2014, median price of a house in Worcester Area is $247,200, which is lower than the state average of $329,900 and is higher than the national average of $175,700. The median year that a house in Worcester Area was built is 1962, which is newer than the median year for a house built in the state which is 1959 and is older than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 227,083 Owner Occupied Houses in Worcester Area, #60
Worcester Area
247,200 USD
Massachusetts
329,900 USD
U.S.
175,700 USD
Median House Price Growth Since 2005-2009, see rank
Worcester Area
-13.26%
Massachusetts
77.65%
U.S.
46.91%

*The Worcester Area median house price growth rate is since 2005-2009. The Massachusetts and U.S population growth rate is since 2000.
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Worcester AreaMassachusettsU.S.
Total Housing Units377,254, see rank, 100%2,816,875132,741,033
Occupied Housing Units344,842, 91.41%, see rank90.12%87.55%
Owner Occupied227,083, 60.19%, see rank56.12%56.34%
Renter Occupied117,759, 31.21%, see rank33.99%31.21%
Vacant Housing Units32,412, 8.59%, see rank9.88%12.45%
For Rent8,449, 2.24%, see rank1.67%2.34%
For Sale Only3,881, 1.03%, see rank0.74%1.20%
Rented or Sold, Not Occupied3,243, 0.86%, see rank0.77%0.92%
For Seasonal, Recreational, or Occasional Use5,171, 1.37%, see rank4.29%3.97%
For Migrant Workers45, 0.01%, see rank0.01%0.03%
Other Vacant11,623, 3.08%, see rank2.40%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #752
Worcester AreaMassachusettsU.S.
196219591976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Worcester Area%MassachusettsU.S.
Owner-Occupied Units227,083100%1,580,93874,787,460
With a Mortgage166,19573.19%, see rank71.18%65.58%
Without a Mortgage60,88826.81%, see rank28.82%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Worcester Area
1,874 USD
Massachusetts
2,095 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsWorcester Area%MassachusettsU.S.
$299 or Less1070.06%, see rank0.09%0.20%
$300 to $4991,0780.65%, see rank0.49%1.59%
$500 to $6992,7471.65%, see rank1.47%5.01%
$700 to $9999,0285.43%, see rank4.74%14.32%
$1,000 to $1,49935,13421.14%, see rank16.44%27.90%
$1,500 to $1,99946,83128.18%, see rank22.84%20.35%
$2,000 to $2,99954,01432.50%, see rank34.83%19.52%
$3,000 or More17,25610.38%, see rank19.10%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Worcester Area
24.20% of the Total Income
Massachusetts
24.60% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Worcester Area%MassachusettsU.S.
10% or Less8,0974.87%, see rank5.29%5.86%
10% to 20%50,92230.64%, see rank29.25%31.95%
20% to 30%50,57230.43%, see rank29.39%27.64%
30% to 40%24,63114.82%, see rank14.83%13.74%
40% or More31,55718.99%, see rank20.86%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Worcester Area
641 USD
Massachusetts
707 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsWorcester Area%MassachusettsU.S.
$199 or Less1,0061.65%, see rank1.57%7.76%
$200 to $2991,8002.96%, see rank2.45%14.70%
$300 to $49912,99021.33%, see rank16.27%34.63%
$500 to $69920,87534.28%, see rank28.91%21.16%
$700 or More24,21739.77%, see rank50.80%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Worcester Area
14.60% of the Total Income
Massachusetts
14.90% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Worcester Area%MassachusettsU.S.
10% or Less19,74332.43%, see rank31.52%40.19%
10% to 20%19,50632.04%, see rank31.52%31.47%
20% to 30%9,17415.07%, see rank14.65%12.24%
30% to 40%4,5017.39%, see rank7.86%5.64%
40% or More7,44912.23%, see rank13.41%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Worcester AreaMassachusettsU.S.
Total Housing Units377,254, 100%2,816,875132,741,033
1-unit, Detached216,916, 57.50%, see rank52.24%61.65%
1-unit, Attached21,466, 5.69%, see rank5.19%5.82%
2 Units31,927, 8.46%, see rank10.16%3.75%
3 or 4 Units44,272, 11.74%, see rank10.94%4.43%
5 to 9 Units21,322, 5.65%, see rank5.95%4.78%
10 or More Units36,960, 9.80%, see rank14.65%13.08%
Mobile Home, Boat, RV, Van, etc.4,391, 1.16%, see rank0.87%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Worcester AreaMassachusettsU.S.
Total Housing Units377,254, 100%2,816,875132,741,033
1 Room6,927, 1.84%, see rank2.33%1.95%
2 Rooms8,508, 2.26%, see rank3.02%2.48%
3 Rooms30,713, 8.14%, see rank10.03%9.13%
4 Rooms57,542, 15.25%, see rank15.77%16.60%
5 Rooms73,662, 19.53%, see rank18.26%20.41%
6 Rooms71,557, 18.97%, see rank17.63%18.06%
7 Rooms48,310, 12.81%, see rank12.23%12.27%
8 Rooms36,340, 9.63%, see rank9.28%8.48%
9 Rooms or More43,695, 11.58%, see rank11.45%10.60%
Median Rooms5.70, see rank5.505.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Worcester AreaMassachusettsU.S.
Total Housing Units377,254, 100%2,816,875132,741,033
No Bedroom7,393, 1.96%, see rank2.56%2.17%
1 Bedroom44,651, 11.84%, see rank14.08%11.16%
2 Bedrooms103,157, 27.34%, see rank28.19%26.69%
3 Bedrooms147,534, 39.11%, see rank34.72%39.70%
4 Bedrooms60,615, 16.07%, see rank16.00%16.05%
5 or More Bedrooms13,904, 3.69%, see rank4.45%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Worcester AreaMassachusettsU.S.
Total Housing Units344,842, 100%2,538,485116,211,092
Utility Gas99,925, 28.98%, see rank49.70%48.85%
Bottled, Tank, or LP Gas11,318, 3.28%, see rank2.86%4.86%
Electricity53,490, 15.51%, see rank14.23%36.68%
Fuel Oil, Kerosene, etc.158,004, 45.82%, see rank30.36%5.86%
Coal or Coke884, 0.26%, see rank0.13%0.12%
Wood16,228, 4.71%, see rank1.69%2.12%
Solar Energy131, 0.04%, see rank0.03%0.05%
Other Fuel4,140, 1.20%, see rank0.65%0.47%
No Fuel Used722, 0.21%, see rank0.35%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalWorcester AreaMassachusettsU.S.
Occupied Units Paying Rent113,103, 100%924,80939,201,928
$199 or Less1,667, 1.47%, see rank2.07%1.50%
$200 to $2996,201, 5.48%, see rank5.74%3.18%
$300 to $4999,689, 8.57%, see rank7.69%7.37%
$500 to $69912,268, 10.85%, see rank8.07%16.01%
$700 to $99938,019, 33.61%, see rank20.08%29.17%
$1,000 to $1,49935,146, 31.07%, see rank31.42%26.88%
$1,500 to $1,9997,483, 6.62%, see rank15.67%9.79%
$2,000 or More2,630, 2.33%, see rank9.27%6.10%
Median$920, see rank$1,088$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Worcester AreaMassachusettsU.S.
Occupied Housing Units344,842, 100%2,538,485116,211,092
No Vehicles Available29,860, 8.66%, see rank12.57%9.12%
1 Vehicles Available115,200, 33.41%, see rank36.07%33.80%
2 Vehicles Available134,544, 39.02%, see rank36.51%37.48%
3 or More Vehicles Available65,238, 18.92%, see rank14.84%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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