Woburn, MA
Population 41,205 · Massachusetts
About Woburn, MA
Woburn is a mid-sized city located in Massachusetts with a population of 41,205 residents according to the latest US Census Bureau American Community Survey data. The median household income is $107,754 per year, which is 43% above the national median of $75,149. The median age of 39.5 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Woburn features a median home value of $641,800, which is 162% above the national median of $244,900. This places Woburn in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $2,190, 88% above the national average of $1,163/month. Of the 16,982 total housing units, 58% are owner-occupied (9,429 units) and 42% are renter-occupied (6,931 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Woburn shows an unemployment rate of 7.4%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 7.8%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Woburn have an average one-way commute time of 25.9 minutes.
Education & Demographics
47.3% of Woburn 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 0.7% White, 1.0% Hispanic or Latino, 1.2% Black or African American, and 3.5% Asian residents, with 20.2% of the population being foreign-born.
How Woburn Ranks in Massachusetts
Cost of Living in Woburn, MA
Compared to national averages, Woburn has a median household income of $107,754 (43% above the national median of $75,149). Home values average $641,800, which is 162% above the national median. Monthly rent at $2,190 is 88% above the US average of $1,163. Within Massachusetts, Woburn's income is 2% above the state average of $105,630, and home values are 14% above the state median of $561,296.
Why Live in Woburn, MA?
Woburn offers a strong local economy with a median household income of $107,754, well above the national average, and a well-educated community where 47.3% of residents hold a bachelor’s degree or higher, and a low poverty rate of 7.8%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $641,800. However, Woburn’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Woburn has a population of 41,205 with a median age of 39.5 years. Compare Woburn with other cities to see how it stacks up, or explore all cities in Massachusetts.
Similar Cities Near Woburn
Cities in Massachusetts with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Marlborough | 41,398 | $95,047 | $485,400 | Compare |
| Fitchburg | 41,633 | $70,659 | $295,500 | Compare |
| Westfield | 40,673 | $82,847 | $295,500 | Compare |
| Beverly | 42,408 | $103,739 | $621,900 | Compare |
| Chelsea | 39,460 | $72,220 | $476,500 | Compare |
| Pittsfield | 43,559 | $68,386 | $233,700 | Compare |
| Braintree Town | 38,762 | $125,305 | $623,200 | Compare |
| Leominster | 43,697 | $81,556 | $345,000 | 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 Woburn With Other Cities
Frequently Asked Questions about Woburn
What is the population of Woburn, MA?
The population of Woburn, MA is 41,205 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 Woburn?
The median household income in Woburn, MA is $107,754 per year, which is 43% above the national median of $75,149.
What is the median home value in Woburn?
The median home value in Woburn, MA is $641,800, which is 162% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Woburn?
The median monthly rent in Woburn, MA is $2,190, which is 88% above the national average of $1,163/month.
What is the unemployment rate in Woburn?
The unemployment rate in Woburn, MA is 7.4%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Woburn, MA a good place to live?
Woburn offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 41,205 and a median age of 39.5, the city appeals to a broad range of residents.
How educated is Woburn, MA?
47.3% of residents in Woburn 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 Woburn?
Key cost-of-living indicators for Woburn, MA: median home value is $641,800 (162% above national), median rent is $2,190/month, and median household income is $107,754. The home-value-to-income ratio is 6.0x, a moderate figure by national standards.
What is the poverty rate in Woburn?
The poverty rate in Woburn, MA is 7.8%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Woburn, MA?
Woburn's population is 0.7% White, 1.0% Hispanic or Latino, 1.2% Black or African American, 3.5% Asian, and 5.9% two or more races. 20.2% of residents are foreign-born.