Medway Village - Charles River, Medway, MA demographics:
population, income, and more

Total population
2,504
1.4% year-over-year change
Median household income
$173,750/yr
-0.3% year-over-year change
Housing units
889
3.6% year-over-year change

Medway Village - Charles River population

How many people live in Medway Village - Charles River

Medway Village - Charles River is home to 2,504 residents, according to the most recent Census data. Gender-wise, 48.4% of Medway Village - Charles River locals are male, and 51.6% are female.

Total population
2,504
1.4% year-over-year change
Gender ratio
Male
48.4%
1,211
Female
51.6%
1,293
Value Percent YoY change
Male 1,211 48.4% 4.9%
Female 1,293 51.6% -1.8%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in Medway Village - Charles River is 41, with the population distributed as follows: about 18% are children under 15, then 11.6% are in the 15 to 24 age group. Adults between 25 and 44 make up 24.9% of the population, while another 30% fall into the 45 to 64 bracket. Finally, around 15.5% are 65 or older.

Median age
40.7
Age breakdown
Under 15
18%
15 to 24
11.6%
25 to 44
24.9%
45 to 64
30%
Over 65
15.5%
Value Percent YoY change
Under 15 452 18% 2.7%
15 to 24 291 11.6% -7.0%
25 to 44 623 24.9% 2.1%
45 to 64 751 30% 0.5%
Over 65 387 15.5% 7.5%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

In Medway Village - Charles River, 91.9% of the population are US-born citizens, while 5.5% have gained naturalized citizenship. At the same time, 2.6% of residents are non-citizens. As for race, 83.9% of locals are Caucasian, 1.1% are African American and 5.3% have Asian roots. There’s also a share of 8.4% that includes residents with two or more races.

Citizenship
U.S.-born citizens
91.9%
Non-U.S.-born citizens
5.5%
Non-citizens
2.6%
Value Percent YoY change
U.S.-born citizens 2,301 91.9% 1.8%
Non-U.S.-born citizens 138 5.5% -8.6%
Non-citizens 66 2.6% 15.8%
Racial breakdown
White
83.9%
Black or African American
1.1%
American Indian and Alaska Native
0%
Asian
5.3%
Native Hawaiian and other Pacific Islander
0%
Two or more races
8.4%
Other
1.2%
Value Percent
White 2,101 83.9%
Black or African American 28 1.1%
American Indian and Alaska Native 1 0%
Asian 133 5.3%
Two or more races 211 8.4%
Other 31 1.2%

Households in Medway Village - Charles River

A peek inside Medway Village - Charles River households

Medway Village - Charles River has 884 households, with an average of 3 members in each. Of these, 75.1% are families, while the remaining 24.9% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
884
3.8% year-over-year change
Average people per household
3
Non-family households
220
Family households
664
Value Percent YoY change
Non-family households 220 24.9% 12.2%
Family households 664 75.1% 1.1%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in Medway Village - Charles River

The housing landscape of Medway Village - Charles River

Medway Village - Charles River's housing consists of 889 units, with 80.8% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 3.8% and offer a more compact, shared living style. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 0.1% of the housing landscape.

Housing units
889
3.6% year-over-year change
Housing types
Value Percent
1 unit, detached 718 80.8%
1 unit, attached 34 3.8%
2 units 30 3.4%
3 or 4 units 34 3.8%
5 to 9 units 20 2.2%
10 to 19 units 18 2%
20 to 49 units 5 0.6%
50 or more units 29 3.3%
Mobile home 1 0.1%
Homes built since 2020
9
350.0% year-over-year change

The age of buildings in Medway Village - Charles River

In Medway Village - Charles River, the median construction year is 1976. About 19.5% of homes were built before the 1940s, with another 1.7% going up by 1949. Most development happened in the second half of the 20th century. Then, 5.4% of homes were added from 2000 to 2009, 3.8% between 2010 and 2019, and 1% are part of the newest wave of development.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 173 19.5% 7.5%
Built between 1940 and 1949 15 1.7% 15.4%
Built between 1950 and 1959 100 11.3% -3.9%
Built between 1960 and 1969 92 10.4% 1.1%
Built between 1970 and 1979 99 11.2% 10.0%
Built between 1980 and 1989 174 19.6% 5.5%
Built between 1990 and 1999 144 16.2% -8.3%
Built between 2000 and 2009 48 5.4% 11.6%
Built between 2010 and 2019 34 3.8% 6.2%
Built in 2020 or later 9 1% 350.0%
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

Medway Village - Charles River occupancy rates

Out of the 884 occupied housing units in Medway Village - Charles River, 85.9% are owner-occupied, while 14.1% are lived in by tenants. Meanwhile, 0.6% of all homes on the local market sit vacant.

Occupied housing units
884
3.8% year-over-year change
Occupancy breakdown
Renter occupied
125
Owner occupied
759
Value Percent YoY
change
Renter occupied 125 14.1% 16.8%
Owner occupied 759 85.9% 1.9%
Unoccupied housing units
0.6%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

Medway Village - Charles River housing costs

Housing costs in Medway Village - Charles River come to a median of $2,445 per month, while tenants specifically pay a median gross rent of $1,575.

Median housing costs per month
$2,445/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.
Median gross rent in Medway Village - Charles River
$1,575/month
Gross rent gives a more complete look at what renters actually pay, including not just base rent, but also utilities and fees. It’s a key number for evaluating rental affordability in your area of interest and understanding how it compares to nearby locations.

Education in Medway Village - Charles River

Medway Village - Charles River education at a glance

About 18.4% of the population in Medway Village - Charles River went to high school, while 13.7% pursued college studies. Another 7.3% earned an associate degree and 38.6% hold a bachelor’s. Meanwhile, 20.7% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 26 1.3% 36.8%
High school diploma 356 18.4% -0.3%
College diploma 266 13.7% 0.8%
Associate degree 141 7.3% -5.4%
Bachelor's degree 749 38.6% 2.6%
Graduate degree 402 20.7% 5.8%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in Medway Village - Charles River

How much people earn in Medway Village - Charles River

The average annual household income in Medway Village - Charles River was $214,676 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +3.4% change from the previous year. At the same time, the median income stood at $173,750, reflecting a -0.4% shift over the same period.

Average household income in Medway Village - Charles River
$214,676/year
3.4% year-over-year change
Median household income in Medway Village - Charles River
$173,750/year
-0.3% year-over-year change

Medway Village - Charles River income by age

In Medway Village - Charles River, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $178,886. Those with someone between 45 and 64 in charge, often well established professionally, earn $237,000 overall. Overall, 96.6% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
25 - 44 $178,886 0.0%
45 - 64 $237,000 4.8%
Over 65 $88,241 5.8%
Above poverty level
2,373
Below poverty level
83
Value Percent YoY
change
Above poverty level 2,373 96.6% 1.4%
Below poverty level 83 3.4% 7.8%

Employment in Medway Village - Charles River

Workforce and job types in Medway Village - Charles River

90.5% of the working population are employed in professional or administrative positions, while 9.5% are in hands-on or service-based jobs. Also, 10.9% run their own businesses, 64.5% are employed by private companies, and 17.8% work in the public sector.

Workforce demographics

White collar
1,325
Blue collar
139
Value Percent YoY change
White collar 1,325 90.5% 3.3%
Blue collar 139 9.5% 6.1%
Employer type
Self employees
10.9%
Private companies
64.5%
Governmental workers
17.8%
Not for profit companies
6.9%
Value Percent YoY change
Self employees 159 10.9% 8.9%
Private companies 944 64.5% 0.8%
Governmental workers 260 17.8% 12.1%
Not for profit companies 101 6.9% 1.0%

Transportation in Medway Village - Charles River

How people get around in Medway Village - Charles River

Commuting methods vary: 98% of residents travel by personal vehicle and 1.2% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.

Means of transportation
Value Percent YoY change
Car 1,099 98% 2.4%
Bus or trolleybus 1 0.1% N/A
Railroad 9 0.8% -40.0%
Walk 13 1.2% 30.0%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

What is the median and average household income in Medway Village - Charles River by zipcode?

Zipcode Population Number of households Median income Average income
02053 13,436 4,744 $173,750 $214,676

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FAQs about Medway Village - Charles River demographics 

What is the total population of Medway Village - Charles River?

Medway Village - Charles River has a total population of 2,504 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by +1.4% compared to a year ago.

What is the gender ratio in Medway Village - Charles River?

The gender ratio in Medway Village - Charles River is as follows:
  • 48.4% males (1,211 residents)
  • 51.6% females (1,293 residents)

What is the median age in Medway Village - Charles River?

The median age in Medway Village - Charles River is 40.7.

What is the age distribution of the population in Medway Village - Charles River?

The age distribution in Medway Village - Charles River is as follows:
  • Under 15: 18% (452 residents)
  • Ages 15-24: 11.6% (291 residents)
  • Ages 25-44: 24.9% (623 residents)
  • Ages 45-64: 30% (751 residents)
  • Over 65: 15.5% (387 residents)

What is the racial and ethnic makeup of Medway Village - Charles River?

The racial and ethnic makeup of Medway Village - Charles River is as follows:
  • White: 83.9% (2,101 residents)
  • Black or African American: 1.1% (28 residents)
  • American Indian and Alaska Native: 0% (1 residents)
  • Asian: 5.3% (133 residents)
  • Native Hawaiian and Other Pacific Islander: 0% ( residents)
  • Two or More Races: 8.4% (211 residents)
  • Other: 1.2% (31 residents)

What percentage of the population in Medway Village - Charles River are U.S.-born citizens?

U.S.-born citizens represent 91.9% of the population in Medway Village - Charles River.

How many housing units are there in Medway Village - Charles River?

There are 889 housing units in Medway Village - Charles River, reflecting a +3.6% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in Medway Village - Charles River and what is the average household size?

Medway Village - Charles River has a total of 884 households, with an average of 3 people in each.

What is the median household income in Medway Village - Charles River?

Medway Village - Charles River has a median household income of $173,750, representing a -0.3% shift from the previous year, according to the U.S. Census Bureau.

What is the job market overview for Medway Village - Charles River?

Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 90.5% (1,325 residents)
  • Blue-collar workers: 9.5% (139 residents)

Places of employment:
  • Self-employed: 10.9% (159 residents)
  • Private companies: 64.5% (944 residents)
  • Governmental workers: 17.8% (260 residents)
  • Not-for-profit companies: 6.9% (101 residents)

Data source & methodology

The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.

The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.

No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.

Page last updated: September 2025