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Revere Massachusetts Real Estate By Jennifer Hershey

Revere Massachusetts Real Estate

Revere, Massachusetts, is located in Suffolk County, 2 miles SE of Malden, Massachusetts and 6 miles NE of Boston, Massachusetts. Revere has a population of 47,283.

Revere Homes

Revere properties pool is 19,463 residential properties including Revere new homes. Median age of real estate in Revere is 1955. Average Household size is 3.09 people. 9% are one bedroom homes, 31% are 2 bedroom homes, 41% are 3 bedroom homes, 13% are 4 bedroom homes, and 6% are 5+ bedroom homes.

Revere Mortgage Statistics

Revere mortgages vs. USA median statistics

Homes Revere USA
Homes With No Mortgage 40%
30%
Homes With Mortgage 60%
70%
First Mortgage Only 46%
54%
First & Second Mortgage or HELOC 14%
16%

Revere Area Real Estate Tax

Revere Real estate Tax: Median Real Estate Taxes (2000) were $2,360 comparing to 1999 Median Family income $ 45,865. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Revere School District: Children make up 21% of Revere population. Revere has 9,920 under 18 years old residents, or 0.48 kids per one worker, or 0.51 kids per one household.

Revere Real Estate & Revere Homeownership

There are 6422.79 or 33% one person households, 5838.9 or 30% two person households, and 3114.08 or 16% three person households in Revere, Massachusetts. Median residents age is 37.6, Senior citizens (65+) make up 7,870 or 16.6%% of Revere population.

There are 20,529 workers (over 16 years of age) in Revere. Of these, 74.64% drive to work. Approximately 20.83% of workers in Revere take public transportation. An estimated 2.38% walk to work.

Median Revere homeowner's housing expences are 22%

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

Type of Crime Revere USA, 2003
Violent Crimes
66.83
47.5
Robberies
15.23
14.2
Aggravated Assaults
47.59
29.5
Property Crimes
368.42
358.8
Burglaries
63.66
74.0
Larceny-Thefts
234.76
241.5
Motor Vehicle Thefts
70
43.3

Invest in Revere Properties

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

Category Revere USA
Near Medium City
Malden, Massachusetts
-
Near Large City
Boston, Massachusetts
-
Revere Zip Codes
02151
-
Revere Area Codes
781
-
White population
84.35%
75.1%
African-American population
2.88%
12.3%
Asian
4.54%
3.6%
American Indian & Alaskan
0.26%
0.9%
Hispanic (of any race)
9.44%
12.5%
Median Family Income (1999)
$ 45,865%
$42,000
Population Below Poverty Level
14.54%
12.4%

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