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Worcester Massachusetts Real Estate By Jennifer Hershey

Worcester Massachusetts Real Estate

Worcester, Massachusetts, is located in Worcester County, of , and 38 miles W of Boston, Massachusetts. Worcester has a population of 172,648.

Worcester Homes

Worcester properties pool is 67,028 residential properties including Worcester new homes. Median age of real estate in Worcester is 1946. Average Household size is 3.11 people. 3% are one bedroom homes, 27% are 2 bedroom homes, 51% are 3 bedroom homes, 15% are 4 bedroom homes, and 4% are 5+ bedroom homes.

Worcester Mortgage Statistics

Worcester mortgages vs. USA median statistics

Homes Worcester USA
Homes With No Mortgage 33%
30%
Homes With Mortgage 67%
70%
First Mortgage Only 54%
54%
First & Second Mortgage or HELOC 14%
16%

Worcester Area Real Estate Tax

Worcester Real estate Tax: Median Real Estate Taxes (2000) were $1,814 comparing to 1999 Median Family income $ 42,988. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Worcester School District: Children make up 23.6% of Worcester population. Worcester has 40,727 under 18 years old residents, or 0.54 kids per one worker, or 0.61 kids per one household.

Worcester Real Estate & Worcester Homeownership

There are 22119.24 or 33% one person households, 20108.4 or 30% two person households, and 10724.48 or 16% three person households in Worcester, Massachusetts. Median residents age is 33.4, Senior citizens (65+) make up 24,389 or 14.1%% of Worcester population.

There are 75,537 workers (over 16 years of age) in Worcester. Of these, 86.08% drive to work. Approximately 4.28% of workers in Worcester take public transportation. An estimated 7% walk to work.

Median Worcester homeowner's housing expences are 18.7%

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

Type of Crime Worcester USA, 2003
Violent Crimes
88.97
47.5
Robberies
23.81
14.2
Aggravated Assaults
61.34
29.5
Property Crimes
442.35
358.8
Burglaries
89.66
74.0
Larceny-Thefts
268.58
241.5
Motor Vehicle Thefts
84.1
43.3

Invest in Worcester Properties

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

Category Worcester USA
Near Medium City
-
Near Large City
Boston, Massachusetts
-
Worcester Zip Codes
01602, 01603, 01604, 01605, 01606, 01607, 01608, 01609, 01610, 01612, 01655
-
Worcester Area Codes
508
-
White population
77.11%
75.1%
African-American population
6.89%
12.3%
Asian
4.87%
3.6%
American Indian & Alaskan
0.45%
0.9%
Hispanic (of any race)
15.15%
12.5%
Median Family Income (1999)
$ 42,988%
$42,000
Population Below Poverty Level
16.86%
12.4%

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