Groton is a somewhat small town located in the state of Massachusetts. With a population of 11,222 people and two constituent neighborhoods, Groton is the 170th largest community in Massachusetts.
Groton home prices are not only among the most expensive in Massachusetts, but Groton real estate also consistently ranks among the most expensive in America.
Groton is a decidedly white-collar town, with fully 93.11% of the workforce employed in white-collar jobs, well above the national average. Overall, Groton is a town of professionals, managers and sales and office workers. There are especially a lot of people living in Groton who work in management occupations (19.10%), teaching (10.89%) and computer science and math (8.64%).
Also of interest is that Groton has more people living here who work in computers and math than 95% of the places in the US.
Of important note, Groton is also a town of artists. Groton has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Groton’s character.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 8.51% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Because of many things, Groton is a great place for families with children to consider. First of all, many other families with children live here, making Groton a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Groton has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Groton’s overall crime rate ranks among the lowest in the country, making it one of the safest places to raise a family.
One downside of living in Groton, however, is that residents on average have to contend with a long commute, spending on average 34.00 minutes every day commuting to work.
If knowledge is power, Groton is a pretty powerful place. 66.63% of the adults in Groton have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Groton in 2010 was $49,398, which is wealthy relative to Massachusetts and the nation. This equates to an annual income of $197,592 for a family of four.
The people who call Groton home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Groton residents report their race to be White, followed by Asian. Important ancestries of people in Groton include Irish, English, Italian, German, French and Polish.
The most common language spoken in Groton is English.
|NUMBER OF HOMES AND APARTMENTS||4,014|
|GROTON HOME OWNERSHIP|
|% OWNER OCCUPIED||83.86%|
|% RENTER OCCUPIED||16.14%|
|TYPE OF GROTON HOMES|
|SINGLE FAMILY DETACHED||85.07%|
|ROWHOUSES AND ATTACHED HOMES||3.64%|
|SMALL APARTMENT BUILDINGS||6.57%|
|COMPLEXES OR HIGH RISE APARTMENTS||4.72%|
|SIZE OF GROTON HOMES|
|5 OR MORE BEDROOMS||5.82%|
|AGE OF GROTON HOMES|
|NEWER HOMES (2000 OR LATER)||14.55%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||47.21%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||19.91%|
|HISTORIC (1939 OR BEFORE)||18.33%|
|GROTON REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$507,972|
|MEDIAN RENTAL PRICE||$1,513|
|HOME VALUE RANGE|
|$0 - $58,000||1.68%|
|$58,001 - $117,000||0.00%|
|$117,001 - $234,000||0.94%|
|$234,001 - $350,000||18.32%|
|$350,001 - $467,000||22.62%|
|$467,001 - $584,000||23.91%|
|$584,001 - $876,000||28.06%|
|$876,001 - $1,168,000||3.82%|
|PEOPLE OF GROTON||DETAILS|
|UNDER 5 YEARS||4.53%|
|5 TO 17||21.01%|
|18 TO 24||7.81%|
|25 TO 34||5.07%|
|35 TO 54||33.34%|
|55 TO 64||15.57%|
|65 YEARS AND OVER||12.68%|
|EDUCATIONAL ATTAINMENT OF ADULTS|
|HIGH SCHOOL GRADUATES||97.68%|
|MEDIAN HOUSEHOLD INCOME||$116,686|
|PER CAPITA INCOME||$49,398|
|INDIVIDUALS BELOW POVERTY LEVEL||3.71%|
|INDUSTRIES PEOPLE WORK IN||Professional, scientific, and technical services (19.35%)
|BLACK OR AFRICAN AMERICAN||1.05%|
|AMERICAN INDIAN AND ALASKA NATIVE||0.19%|
|NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS||0.00%|
|SOME OTHER RACE ALONE||0.03%|
|TWO OR MORE RACES||1.42%|
|HISPANIC OR LATINO (OF ANY RACE)||1.72%|
|ETHNICITIES PRESENT||Irish (24.08%)
French Canadian (3.09%)
|LANGUAGES SPOKEN||English (94.89%)
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