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Gloucester Housing Affordability in Numbers
Sources: * U.S. Census, American Community Survey, 2020-2024; ** Rent.com ; *** MLS Property Information Network
10.6%
of Gloucester residents of all ages live below the national poverty line*
$50%
of Gloucester Households have incomes
below $75,000*
$60-$65,000
is the median earnings for full-time, year-round workers living in Gloucester*
48%
of Gloucester's Renter Households
are housing cost burdened,
with 26% severely cost burdened
spending more than 50% of income on housing costs*
36%
of Homeowner Households
are housing cost burdened,
with 13% severely cost burdened
spending more than 50% of income on housing costs*
$1,980
is the Average Monthly Cost
for Studio or One Bed Room Rental**
$3,075
is the Average Monthly Cost
for a (2,3,4) Multi Bed Room Rental**
$777,000
was the Dec. 2025 Median Sold Price for a
Single Family Home***
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