Haverhill, Massachusetts is a small city with slightly less than 63,000 residents. The city's population, at an average age of just over 38, skews younger than most cities in Massachusetts. The majority of residents own their homes in Haverhill, and 41% of residents rent. Renting remains an affordable option, though, as the city boasts a relatively low average rent of $1,119 per month. Over the course of a year, renters in Haverhill will save around $1,200 compared to the state average.
Haverhill residents have an average commute of about 32 minutes. Many residents (45%) drive their car or truck to work, while public transit is not used widely. A small percentage of commuters walk to work.
Compared to the national average (5%), Haverhill has a relatively large number of residents older than 25 who have earned an Associate's degree (7%). In addition, 14% have earned a Bachelor's degree and 6% possess a Master's or Doctoral degree. There are three primary industries in Haverhill: healthcare, retail, and manufacturing. Together, these industries make up 24% of the city's workforce. Meanwhile, looking at job function, 8% of residents work in sales, making it the top field in the city. Haverhill workers take home an average annual income of just over $80,000, about the same as the state average. However, Haverhill compares more favorably to the national average of $73,345.
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