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Methuen Massachusetts Real Estate By Jennifer Hershey

Methuen Massachusetts Real Estate

Methuen, Massachusetts, is located in Essex County, 1 miles NW of Lawrence, Massachusetts and 27 miles N of Boston, Massachusetts. Methuen has a population of 43,789.

Methuen Homes

Methuen properties pool is 16,532 residential properties including Methuen new homes. Median age of real estate in Methuen is 1961. Average Household size is 3.17 people. 2% are one bedroom homes, 22% are 2 bedroom homes, 52% are 3 bedroom homes, 20% are 4 bedroom homes, and 3% are 5+ bedroom homes.

Methuen Mortgage Statistics

Methuen mortgages vs. USA median statistics

Homes Methuen USA
Homes With No Mortgage 29%
30%
Homes With Mortgage 71%
70%
First Mortgage Only 55%
54%
First & Second Mortgage or HELOC 15%
16%

Methuen Area Real Estate Tax

Methuen Real estate Tax: Median Real Estate Taxes (2000) were $2,134 comparing to 1999 Median Family income $ 59,831. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Methuen School District: Children make up 24.7% of Methuen population. Methuen has 10,831 under 18 years old residents, or 0.53 kids per one worker, or 0.66 kids per one household.

Methuen Real Estate & Methuen Homeownership

There are 4133 or 25% one person households, 5124.92 or 31% two person households, and 2810.44 or 17% three person households in Methuen, Massachusetts. Median residents age is 37.5, Senior citizens (65+) make up 6,719 or 15.3%% of Methuen population.

There are 20,471 workers (over 16 years of age) in Methuen. Of these, 94.39% drive to work. Approximately 1.55% of workers in Methuen take public transportation. An estimated 1.42% walk to work.

Median Methuen homeowner's housing expences are 20.3%

Crime in Methuen (2003), crimes per 10,000 residents per year

Type of Crime Methuen USA, 2003
Violent Crimes
17.58
47.5
Robberies
4.34
14.2
Aggravated Assaults
11.42
29.5
Property Crimes
263.76
358.8
Burglaries
37.45
74.0
Larceny-Thefts
183.38
241.5
Motor Vehicle Thefts
42.93
43.3

Invest in Methuen Properties

When making a decision about buying real estate in Methuen Massachusetts area, you should consider following statistical data:

Category Methuen USA
Near Medium City
Lawrence, Massachusetts
-
Near Large City
Boston, Massachusetts
-
Methuen Zip Codes
01844
-
Methuen Area Codes
978
-
White population
89.35%
75.1%
African-American population
1.35%
12.3%
Asian
2.38%
3.6%
American Indian & Alaskan
0.22%
0.9%
Hispanic (of any race)
9.64%
12.5%
Median Family Income (1999)
$ 59,831%
$42,000
Population Below Poverty Level
7.31%
12.4%

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