Maynard, MA
Population 10,663 · Massachusetts
About Maynard, MA
Maynard is a mid-sized city located in Massachusetts with a population of 10,663 residents according to the latest US Census Bureau American Community Survey data. The median household income is $119,549 per year, which is 59% above the national median of $75,149. The median age of 43.2 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Maynard features a median home value of $494,200, which is 102% above the national median of $244,900. This places Maynard in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,678, 44% above the national average of $1,163/month. Of the 4,845 total housing units, 77% are owner-occupied (3,599 units) and 23% are renter-occupied (1,074 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Maynard shows an unemployment rate of 4.9%, which is near the national rate of 3.7%. The poverty rate stands at 7.4%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Maynard have an average one-way commute time of 31.1 minutes.
Education & Demographics
64.2% of Maynard residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 1.5% White, 1.0% Hispanic or Latino, 0.1% Black or African American, and 1.9% Asian residents, with 11.8% of the population being foreign-born.
How Maynard Ranks in Massachusetts
Cost of Living in Maynard, MA
Compared to national averages, Maynard has a median household income of $119,549 (59% above the national median of $75,149). Home values average $494,200, which is 102% above the national median. Monthly rent at $1,678 is 44% above the US average of $1,163. Within Massachusetts, Maynard's income is 13% above the state average of $105,630, and home values are 12% below the state median of $561,296.
Why Live in Maynard, MA?
Maynard offers a strong local economy with a median household income of $119,549, well above the national average, and a well-educated community where 64.2% of residents hold a bachelor’s degree or higher, and a low poverty rate of 7.4%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $494,200. However, Maynard’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Maynard has a population of 10,663 with a median age of 43.2 years. Compare Maynard with other cities to see how it stacks up, or explore all cities in Massachusetts.
Similar Cities Near Maynard
Cities in Massachusetts with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Nantucket | 10,837 | $109,988 | $1,359,200 | Compare |
| Hull | 10,098 | $127,112 | $606,100 | Compare |
| Holbrook | 11,320 | $107,768 | $436,500 | Compare |
| South Yarmouth | 11,642 | $79,638 | $465,100 | Compare |
| Andover | 9,261 | $127,054 | $719,900 | Compare |
| Webster | 12,300 | $60,384 | $303,900 | Compare |
| Palmer Town | 12,372 | $78,789 | $255,000 | Compare |
| Athol | 8,711 | $61,742 | $227,000 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Massachusetts
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Maynard With Other Cities
Frequently Asked Questions about Maynard
What is the population of Maynard, MA?
The population of Maynard, MA is 10,663 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Massachusetts.
What is the median household income in Maynard?
The median household income in Maynard, MA is $119,549 per year, which is 59% above the national median of $75,149.
What is the median home value in Maynard?
The median home value in Maynard, MA is $494,200, which is 102% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Maynard?
The median monthly rent in Maynard, MA is $1,678, which is 44% above the national average of $1,163/month.
What is the unemployment rate in Maynard?
The unemployment rate in Maynard, MA is 4.9%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Maynard, MA a good place to live?
Maynard offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 10,663 and a median age of 43.2, the city appeals to a broad range of residents.
How educated is Maynard, MA?
64.2% of residents in Maynard aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Maynard?
Key cost-of-living indicators for Maynard, MA: median home value is $494,200 (102% above national), median rent is $1,678/month, and median household income is $119,549. The home-value-to-income ratio is 4.1x, a moderate figure by national standards.
What is the poverty rate in Maynard?
The poverty rate in Maynard, MA is 7.4%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Maynard, MA?
Maynard's population is 1.5% White, 1.0% Hispanic or Latino, 0.1% Black or African American, 1.9% Asian, and 1.4% two or more races. 11.8% of residents are foreign-born.