Pros and Cons of Living In Gloucester, Massachusetts. Is Gloucester, MA a Nice Place To Live or Retire?

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Gloucester, Massachusetts

Moving to Gloucester In Massachusetts ? Is Gloucester, MA a Nice Place To Live? Pros and Cons of Living in Gloucester, Massachusetts. Find out the best and worst about to live, raise a family or retire in Gloucester.

Gloucester ( GLOST-ər) is a city in Essex County, Massachusetts, United States. It sits on Cape Ann and is a part of Massachusetts's North Shore. The population was 29,729 at the 2020 U.S. Census. An important center of the fishing industry and a popular summer destination, Gloucester consists of an urban core on the north side of the harbor and the outlying neighborhoods of Annisquam, Bay View, Lanesville, Folly Cove, Magnolia, Riverdale, East Gloucester, and West Gloucester.

DEMOGRAPHICS

Population
30291
Unemployment
5.5%
17% NAT AVG.
Poverty
9.6%
31% NAT AVG.
Cost Of Living
136
36% NAT AVG.

ECONOMICS

Median Home Cost
$435200
89% NAT AVG.
Median Income
$76260
13% NAT AVG.
Median Rent
$1233
6% NAT AVG.
Overall Score
8.5

CRIME REPORT

Total Crime
168
76% NAT. AVG.
59% STATE AVG.
Violent Crime
72
39% NAT. AVG.
23% STATE AVG.
Property Crime
96
84% NAT. AVG.
70% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 10
Unemployed People
1 in 18
People Earning < $10,000
1 in 30
People Earning < $50,000
36%
People With Any Degree
1 in 2

ETHNICITY

Ethnicity Gloucester USA
White 91.4% 60.1%
African American 1.9% 12.2%
American Indian 0.1% 0.6%
Asian 1.9% 5.6%
Hawaiian 0% 0.2%
Multiracial 1.7% 2.8%
Hispanic 2.9% 18.2%
Other 0.1% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Gloucester USA
Less than $10,000 3.3% 5.8%
$10,000 to $14,999 5.2% 4.1%
$15,000 to $24,999 9% 8.5%
$25,000 to $34,999 7.1% 8.6%
$35,000 to $49,999 11.4% 12.0%
$50,000 to $74,999 13.5% 17.2%
$75,000 to $99,999 13.6% 12.8%
$100,000 to $149,999 19.1% 15.6%
$150,000 to $199,999 7.8% 7.1%

EDUCATION

Education Gloucester USA
< 9th Grade 4% 5.0%
9-12th Grade 3% 7.0%
High School or GED 26% 27.0%
Other College 17% 20.0%
Associate's Degree 11% 9%
Bachelor's Degree 23% 20.0%
Master's Degree 12% 9.0%
Professional Degree 2% 2.0%
Doctorate Degree 2% 1.0%
Gloucester is a city in Massachusetts state in USA with a population of 30291 residents.. The poverty rate of Gloucester is 9.6%, which is 31% lower than national average. The typical household in Gloucester earns $76260 a year, compared to the national median of $67,500. Nearly 36% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Gloucester remained 5.5%, which is 17% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census.

Cost of living in Gloucester is 136, which is 36% higher than national average. In Gloucester, only 39% of adults have a bachelor's degree and 28% have some college but no degree. Median home value in Gloucester is $435200 , which is 89% higher than national average. While median income in Gloucester remained $76260, which is 13% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Gloucester Scorecard

Jobs80%

Housing90%

Affordability50%

Safety80%

Amenities80%

Diversity50%

Education85%

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