The median home value in Gloucester, MA is $611,500. This is higher than the county median home value of $572,900. The national median home value is $338,100. The average price of homes sold in Gloucester, MA is $611,500. Approximately 55.89% of Gloucester homes are owned, compared to 33.20% rented, while 10.92% are vacant. Gloucester real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Gloucester real estate agent to arrange a tour today!
Learn More About Gloucester Real EstateGloucester has a population of approximately 29,814 and experiences a population change rate of -1.52%. The population density is 1,138 / sq mi.
The median household income for Gloucester is $82,984, with 13,168 households and an average household size of 2.24.
The cost of living index in Gloucester is 144.1%.
The median value of a home in Gloucester is $611,500 with an appreciation rate of 13.0%. 55.9% of housing in the city is owned while 33.2% is rented.
The unemployment rate in Gloucester is 3.20%, and recent job growth is at 1.19%. Future job growth is projected at 40.26%.
The sales tax rate in Gloucester is 6.25%, while the income tax rate is 5.00%.
School expenditures in Gloucester are $20,221, and the school ratio is 12:1.
The average high temperature in July is 79.9 degrees, with an average low temperature in January of 18.1 degrees. The average rainfall is approximately 49 inches per year, with 43.6 inches of snow per year.
Metric | City | County |
---|---|---|
High School Graduates | 94.46 | 89.74 |
College Degree - 2 year | 11.34 | 8.19 |
College Degree - 4 year | 39.57 | 41.19 |
Graduate Degree | 12.52 | 12.52 |
Expenditures per Student | $20,221 | $20,221 |
Students per Teacher | 12.00 | 12.00 |
School | Grades | Students | P/T Ratio | ZIP |
---|---|---|---|---|
Beeman Memorial | KG - 05 | 342 | 11.7 | 01930 |
Cutler School | KG - 05 | 260 | 13.5 | 01982 |
East Gloucester Elementary School | KG - 05 | 260 | 13.1 | 01930 |
Essex Elementary School | KG - 05 | 270 | 12.7 | 01929 |
Manchester Memorial Elementary School | PK - 05 | 421 | 12.2 | 01944 |
Milton L Fuller Elementary | PK - PK | 88 | 16 | 01930 |
Plum Cove School | KG - 05 | 221 | 13.2 | 01930 |
Rockport Elementary School | PK - 05 | 399 | 13.3 | 01966 |
Veterans Memorial | KG - 05 | 222 | 8 | 01930 |
West Parish | KG - 05 | 319 | 11.7 | 01930 |
Winthrop School | PK - 05 | 298 | 12.9 | 01982 |
School | Grades | Students | P/T Ratio | ZIP |
---|---|---|---|---|
Manchester Essex Regional Middle School | 06 - 08 | 376 | 12 | 01944 |
Miles River Middle School | 06 - 08 | 431 | 11.7 | 01982 |
Ralph B O'Maley Middle School | 06 - 08 | 629 | 11.7 | 01930 |
Rockport Middle School | 06 - 08 | 255 | 9.8 | 01966 |
School | Grades | Students | P/T Ratio | ZIP |
---|---|---|---|---|
Gloucester High School | 09 - 12 | 882 | 10.6 | 01930 |
Hamilton-Wenham Regional High School | 09 - 12 | 625 | 12.2 | 01982 |
Manchester Essex Regional High School | 09 - 12 | 440 | 11.4 | 01944 |
Rockport High School | 09 - 12 | 304 | 10.8 | 01966 |