What percentage of people rent in Medway, MA?
14.1% (±3.5 points) of the occupied homes in Medway, MA are rented (2020–2024 American Community Survey).
That is 671 renting households against 4,073 that own their home.
In Medway, the share of households that rent went from 10.1% in 2015–2019 to 14.1% in 2020–2024 (+4.0 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 14.1% (±3.5 points)
- Renting households
- 671 (±176)
- Median renter income
- $60,265 (±$28,443)
Who rents and who owns in Medway
| Medway | Norfolk County | Massachusetts | United States | |
|---|---|---|---|---|
| Renter-occupied share | 14.1% (±3.5 points) | 31.3% (±0.7 points) | 37.5% (±0.3 points) | 34.8% |
| Renting households | 671 (±176) | 88,556 (±2,152) | 1,043,884 (±6,942) | 45,017,354 |
| Owning households | 4,073 (±198) | 194,812 (±2,140) | 1,741,158 (±8,598) | 84,210,142 |
| Average renter household size | 1.8 (±0.4) | 2.0 (±0.0) | 2.1 (±0.0) | 2.3 |
| Average owner household size | 3.0 (±0.1) | 2.8 (±0.0) | 2.6 (±0.0) | 2.6 |
| Median renter household income | $60,265 (±$28,443) | $74,159 (±$3,427) | $60,987 (±$576) | $52,966 |
| Median owner household income | $190,180 (±$6,780) | $166,233 (±$2,455) | $135,402 (±$770) | $100,009 |
In Medway, the renter share is lower than in Norfolk County (31.3%).
It is also lower than in Massachusetts (37.5%).
It is lower than the national figure (34.8%).
In Norfolk County, Medway ranks 23 of 28 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 236 of 351.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Medway has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 10.1% (±2.6 points) | 14.1% (±3.5 points) | +4.0 percentage points | Not a measurable change |
| Median gross rent | $1,188 (±$186) | $1,575 (±$205) | +32.6% | No measurable change after inflation |
| Median household income | $132,823 (±$13,143) | $173,750 (±$18,469) | +30.8% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Households that rent in places near Medway
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Medway | — | 14.1% (±3.5 points) | — |
| Holliston | 3.0 mi | 12.6% (±4.1 points) | Not measurably different |
| Millis | 3.6 mi | 16.8% (±3.9 points) | Not measurably different |
| Millis-Clicquot | 4.2 mi | 24.2% (±6.6 points) | Higher |
| Milford (community) | 4.5 mi | 37.8% (±3.6 points) | Higher |
| Milford | 4.7 mi | 34.8% (±3.3 points) | Higher |
| Bellingham (community) | 5.0 mi | 31.2% (±10.0 points) | Higher |
| Franklin Town | 5.0 mi | 21.8% (±2.3 points) | Higher |
| Hopedale | 5.7 mi | 20.5% (±7.4 points) | Not measurably different |
Nearby places with a measurably higher figure: Millis-Clicquot, MA (24.2%), Milford (community), MA (37.8%), Milford, MA (34.8%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Norfolk County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 17 | Needham | 16.9% (±2.1 points) |
| 18 | Millis | 16.8% (±3.9 points) |
| 19 | Walpole | 16.5% (±2.6 points) |
| 20 | Holbrook | 16.0% (±5.2 points) |
| 21 | Wellesley | 15.6% (±1.9 points) |
| 22 | Milton | 14.8% (±3.6 points) |
| 23 | Medway | 14.1% (±3.5 points) |
| 24 | Medfield | 13.9% (±4.1 points) |
| 25 | Westwood | 12.7% (±2.9 points) |
| 26 | Sharon | 12.3% (±2.6 points) |
| 27 | Norfolk | 5.1% (±2.7 points) |
| 28 | Dover | 2.1% (±1.5 points) |
Showing 12 of 28 places in Norfolk County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Medway
How many renters are there in Medway?
Medway has an estimated 671 (±176) renting households, 14.1% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Medway?
In Medway, the share of households that rent went from 10.1% in 2015–2019 to 14.1% in 2020–2024 (+4.0 percentage points), not a measurable change.
How big are renting households in Medway?
A renting household in Medway has 1.8 people on average, against 3.0 in an owned home.
How much do renters earn in Medway?
The median renting household in Medway, MA has an income of $60,265 (±$28,443) a year, against $190,180 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Medway town, Norfolk County, Massachusetts
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Medway town, Norfolk County, Massachusetts
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Medway town, Norfolk County, Massachusetts
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Medway town, Norfolk County, Massachusetts
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Medway town, Norfolk County, Massachusetts
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Medway town, Norfolk County, Massachusetts (county subdivision:39975, in state:25 county:021).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
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- Median rent in Medway
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- Income and affordability in Medway
- Home values in Medway
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- Types of homes in Medway
- Bedrooms in Medway
- Age of homes in Medway
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- Commute and cars in Medway
- Crime reported to police in Medway
- Population growth in Medway
- How long people stay in Medway
- Crowding and facilities in Medway
- Massachusetts landlord and tenant rules
- Housing across Norfolk County
- Massachusetts places ranked by share of renters
- Housing data for every place in Massachusetts