A small city located in Massachusetts, Marblehead has a population of just over 20,000. Middle-aged professionals will fit right in, as they account for an above-average percentage of the community, while young adults are less well-represented. Overall, the city's residents, at an average age of just over 44, are older than most cities in Massachusetts. Home ownership is more common than renting in Marblehead, and 20% of residents rent. The average rent for Marblehead is $192/month more than the state average.
Marblehead has a large number of residents over the age of 25 with advanced degrees compared to the national average (7%), as 19% have earned a Master's or a Doctoral degree. Additionally, 28% have a Bachelor's degree, which also outpaces the national average. Many Marblehead residents work in one of three industries: scientific, healthcare, and education. Together, these industries account for 20% of the city's labor force. Meanwhile, looking at job function, many of the city's workers are in management, as 12% of the city's population reports this as their field of work, the highest number of any field. Marblehead workers earn an average annual income of just under $121,000, about $37,000 more than the average Massachusetts resident. The city's average income also compares favorably to the national average ($73,345).
Marblehead's average commute time ranks as one of the worst in the state at about 42 minutes, 8th-highest in the state. Many residents (37%) drive their car to work, while public transportation is used by only 4% of the city. Walking (2%) isn't a common method of commuting to work, though the number does exceed the national average.
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