HomeMassachusettsWorcester CountyLeominster city
Leominster city, Massachusetts: commercial real estate data.
Leominster city is a Census city of 43,909 people across 28.82 square miles of land, in Worcester County. Median household income is $83,816, 62.3 percent of occupied homes are owned, and the SBA record carries 69 7(a) approvals to borrowers here worth $37.9 m.
78 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Leominster
What Leominster is
- Census place typecity
- Land area28.82 sq mi
- Water area0.86 sq mi
- Population per square mile of land1,523
- County holding the largest share of its areaWorcester 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.
Leominster
How many people live in Leominster
- Population43,909
- Median age43.3
- Population under 188,343
- Share under 1819.0 percent
- Population 65 and over8,479
- Share 65 and over19.3 percent
- Households18,483
- Family households11,285
- Share of households that are families61.1 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Leominster
Income and work in Leominster
- Median household income$83,816
- Per capita income$47,179
- Civilian labor force24,642
- Employed23,112
- Unemployed1,530 plus or minus 391
- Unemployment rate6.2 percent plus or minus 1.6
- Adults 25 and over32,256
- Adults 25 and over with a high school diploma or higher90.3 percent
- Adults 25 and over with a bachelor degree or higher33.5 percent
- Adults 25 and over with a graduate degree12.6 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Leominster
Housing in Leominster
- Housing units19,255
- Occupied units18,483
- Vacant units772 plus or minus 272
- Vacancy rate4.0 percent plus or minus 1.4
- Owner occupied11,512
- Renter occupied6,971
- Ownership rate62.3 percent
- Median owner-occupied home value$380,400
- Median gross rent, monthly$1,354
- Annual rent as a share of median income19.4 percent
- Single family units9,939
- Share single family51.6 percent
- Units in buildings of two or more9,066
- Share in buildings of two or more47.1 percent
- Mobile homes250 plus or minus 94
- Median year structure built1967
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Leominster
How Leominster gets to work
- Workers 16 and over who commute20,267
- Commuting under 15 minutes6,839
- Share commuting under 15 minutes33.7 percent
- Commuting 30 minutes or more7,933
- Share commuting 30 minutes or more39.1 percent
- Drove alone77.2 percent
- Carpooled8.5 percent
- Public transport1.5 percent plus or minus 1.0
- Walked0.4 percent plus or minus 0.4
- Worked from home10.9 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Leominster
SBA loans in Leominster (7(a))
- Approvals69
- Gross approval$37,860,500
- Average approval$548,703
- Median approval$100,000
- Ninetieth percentile approval$1,790,000
- Largest approval$4,000,000
- Jobs supported568
- Jobs per approval8.2
- Loans with a final outcome13
- Paid in full11
- Charged off2
- Charge-off rate over resolved loans15.4 percent
- Median term120 months
- Share on real estate terms of 20 years or more11.6 percent
- Share to franchises5.8 percent
- Distinct lenders30
- Distinct industries by NAICS44
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Leominster
SBA loans in Leominster (504)
- Approvals47
- Gross approval$19,479,000
- Average approval$414,447
- Median approval$295,000
- Largest approval$2,383,000
- Jobs supported264
- Loans with a final outcome18
- Charged off0
- Charge-off rate over resolved loans0.0 percent
- Median term240 months
- Distinct CDCs6
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Worcester County, not Leominster
Worcester County context, not Leominster figures
These are Worcester County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Leominster measurements.
- Establishments in Worcester County19,181
- Employment at those establishments, Worcester County319,255
- Covered employment, Worcester County351,476
- Average annual pay, Worcester County$71,641
- Average weekly wage, Worcester County$1,378
- Housing units permitted, Worcester County2,506
- Of those, single family, Worcester County964
- County product, 2024, Worcester County$60,947,229,000
- County product change over the prior year, Worcester County4.4 percent
- Average income of an arriving household, Worcester County$87,853
Every figure in this section is published for Worcester County as a whole and is not a measurement of Leominster. 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
Leominster questions, answered from the record.
How many people live in Leominster, Massachusetts?
43,909, in 18,483 households. Leominster city covers 28.82 square miles of land, which is 1,523 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Leominster in?
Worcester 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 Leominster?
$83,816. The median owner-occupied home is valued at $380,400. Median gross rent is $1,354 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Leominster businesses?
69 7(a) approvals totalling $37.9 m, across 30 lenders, median approval $100,000, plus 47 504 approvals worth $19.5 m. These count approvals to borrowers whose address is in Leominster, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Leominster borrowers get paid back?
Of the 13 loans that have reached a final outcome, 11 were paid in full and 2 charged off, a charge off rate of 15.4 percent. Loans still running are excluded because they have not yet succeeded or failed.
Are the county figures on this page Leominster figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Worcester 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 Leominster.
Is zoning published for Leominster?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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