A town in Massachusetts, Gloucester has a population of slightly less than 30,000. Retirees make up a greater percentage of the population (21%) here than nationally (14%), while young adults are less well-represented. With an average age of just under 45, the city's population is older than most cities in Massachusetts. Home ownership is more common than renting in Gloucester, and 36% of residents rent. Renting remains an affordable option, though, as the city boasts a relatively low average rent of $1,064/month. Over the course of a year, renters in Gloucester will save around $1,800 compared to the state average.
Gloucester residents have an average commute of about 29 minutes. Driving a car or truck is the typical means of commuting to work, selected by 42% of residents, while public transit is not extensively used. Few residents (3%) commute to work on foot, though the number does exceed the national average.
Compared to the national average (7%), Gloucester has a high percentage of residents older than 25 who have advanced degrees, as 10% have earned a Master's degree or a Doctoral degree. Further, 18% possess a Bachelor's degree, which also outpaces the national average. If you're looking for diverse career options, Gloucester has them in spades. The five most common industries are healthcare, entertainment, retail, manufacturing, and education. Together, these industries make up 32% of the city's workforce. Meanwhile, looking at job function, many of the city's residents work in management, as 6% of the city's population reports this as their field of work, the highest number of any field. With an average annual income of just under $82K, Gloucester workers bring in roughly the same as their peers elsewhere in Massachusetts. Gloucester, however, compares more favorably to the national average of $73,345.
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