HomeMassachusettsEssex CountyGloucester city
Gloucester city, Massachusetts: commercial real estate data.
Gloucester city is a Census city of 30,075 people across 26.19 square miles of land, in Essex County. Median household income is $83,883, 63.9 percent of occupied homes are owned, and the SBA record carries 54 7(a) approvals to borrowers here worth $10.5 m.
77 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Gloucester
What Gloucester is
- Census place typecity
- Land area26.19 sq mi
- Water area15.32 sq mi
- Population per square mile of land1,148
- County holding the largest share of its areaEssex County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Gloucester
How many people live in Gloucester
- Population30,075
- Median age50.2
- Population under 184,547
- Share under 1815.1 percent
- Population 65 and over8,405
- Share 65 and over27.9 percent
- Households13,444
- Family households7,798
- Share of households that are families58.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Gloucester
Income and work in Gloucester
- Median household income$83,883
- Per capita income$53,768
- Civilian labor force16,615
- Employed15,533
- Unemployed1,082 plus or minus 294
- Unemployment rate6.5 percent plus or minus 1.8
- Adults 25 and over23,360
- Adults 25 and over with a high school diploma or higher93.5 percent
- Adults 25 and over with a bachelor degree or higher40.3 percent
- Adults 25 and over with a graduate degree16.6 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Gloucester
Housing in Gloucester
- Housing units14,867
- Occupied units13,444
- Vacant units1,423 plus or minus 301
- Vacancy rate9.6 percent plus or minus 2.0
- Owner occupied8,597
- Renter occupied4,847
- Ownership rate63.9 percent
- Median owner-occupied home value$600,600
- Median gross rent, monthly$1,411
- Annual rent as a share of median income20.2 percent
- Single family units8,153
- Share single family54.8 percent
- Units in buildings of two or more6,685
- Share in buildings of two or more45.0 percent
- Mobile homes29 plus or minus 23
- Median year structure built1946
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Gloucester
How Gloucester gets to work
- Workers 16 and over who commute13,227
- Commuting under 15 minutes5,478
- Share commuting under 15 minutes41.4 percent
- Commuting 30 minutes or more3,740
- Share commuting 30 minutes or more28.3 percent
- Drove alone71.9 percent
- Carpooled5.3 percent plus or minus 1.4
- Public transport2.2 percent plus or minus 0.9
- Walked6.0 percent plus or minus 1.6
- Worked from home12.7 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Gloucester
SBA loans in Gloucester (7(a))
- Approvals54
- Gross approval$10,464,800
- Average approval$193,793
- Median approval$100,000
- Ninetieth percentile approval$500,000
- Largest approval$1,540,300
- Jobs supported518
- Jobs per approval9.6
- Loans with a final outcome11
- Paid in full8
- Charged off3
- Charge-off rate over resolved loans27.3 percent
- Median term120 months
- Share on real estate terms of 20 years or more3.7 percent
- Share to franchises0.0 percent
- Distinct lenders20
- Distinct industries by NAICS34
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Gloucester
SBA loans in Gloucester (504)
- Approvals16
- Gross approval$8,700,000
- Average approval$543,750
- Median approval$361,000
- Largest approval$1,584,000
- Jobs supported103
- Loans with a final outcome4
- Charged off0
- Median term240 months
- Distinct CDCs3
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Essex County, not Gloucester
Essex County context, not Gloucester figures
These are Essex County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Gloucester measurements.
- Establishments in Essex County19,988
- Employment at those establishments, Essex County287,960
- Covered employment, Essex County323,694
- Average annual pay, Essex County$75,548
- Average weekly wage, Essex County$1,453
- Housing units permitted, Essex County1,011
- Of those, single family, Essex County393
- County product, 2024, Essex County$60,732,738,000
- County product change over the prior year, Essex County4.3 percent
- Average income of an arriving household, Essex County$106,455
Every figure in this section is published for Essex County as a whole and is not a measurement of Gloucester. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Gloucester questions, answered from the record.
How many people live in Gloucester, Massachusetts?
30,075, in 13,444 households. Gloucester city covers 26.19 square miles of land, which is 1,148 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Gloucester in?
Essex County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Gloucester?
$83,883. The median owner-occupied home is valued at $600,600. Median gross rent is $1,411 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Gloucester businesses?
54 7(a) approvals totalling $10.5 m, across 20 lenders, median approval $100,000, plus 16 504 approvals worth $8.7 m. These count approvals to borrowers whose address is in Gloucester, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Gloucester borrowers get paid back?
Of the 11 loans that have reached a final outcome, 8 were paid in full and 3 charged off, a charge off rate of 27.3 percent. Loans still running are excluded because they have not yet succeeded or failed.
Are the county figures on this page Gloucester figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Essex County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Gloucester.
Is zoning published for Gloucester?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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