Gloucester is a city on Cape Ann in Essex County , part of Massachusetts’ North Shore. The area is an important center of the fishing industry and a popular summer destination, Gloucester consists of an urban core on the north side of the harbor and the outlying neighborhoods of Bay View, Lanesville, Folly Cove, Riverdale, East Gloucester, and West Gloucester. Gloucester lies 16 miles (26 km) east-northeast of Salem and 31 miles (50 km) northeast of Boston.
Gloucester’s population is 29,798. 12,592 households, and 7,895 families residing in the city. The population density is 1,166.0 people per square mile (450.2/km²). There is 13,958 housing units at an average density of 537.6 per square mile (207.6/km²).
The racial makeup of the city was 91.99% White, 6.61% African American, 0.72% Asian, 0.12% Native American, and 1.03% from two or more races.
The median income for a household in the city was $58,568, and the median income for a family was $80,970 from a 2007 estimate. The per capita income for the city was $25,595. About 7.1% of families and 8.8% of the population were below the poverty line, including 11.8% of those under age 18 and 11.2% of those age 65 or over.
Gloucester, MA Multi-family Property Market Data for 2017
The following set of numbers are the key indicators for the Gloucester multifamily market. The city of Gloucester has roughly 2,036 properties according public records. We will update this list on a monthly basis with the three primary market drivers. View Essex listings here.