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Gloucester, Massachusetts Retirement Guide
established retirement community
47
Retirement Score
Gloucester, Massachusetts at a Glance
- Median Home Price
- $535,100
- State Income Tax
- State income tax; Social Security exempt; many public pensions exempt with partial rules for others.
- Avg January Low
- N/A
- Cost of Living Index
- 109.4 (US avg = 100)
- Best For
- established retirement community
- RetireCityIQ Score
- 47 / 100
Retirement Data
Affordability
Cost of Living Index
109.4 (U.S. avg = 100)Medium confidence
BEA Regional Price Parities · Updated March 2026
Median Home Price
$535,100High confidence
U.S. Census ACS 5-Year · Updated April 2026
Median Monthly Rent
$1,390High confidence
U.S. Census ACS 5-Year · Updated April 2026
Taxes
Retirement Tax Score
45 / 100Medium confidence
Tax Foundation · Updated March 2026
Tax Details
State income tax; Social Security exempt; many public pensions exempt with partial rules for others.Medium confidence
Tax Foundation · Updated March 2026
Retiree Readiness (Sprint 2)
Care Access Score (proxy)Data not available
Aging-in-Place Score (proxy)
64.3 / 100High confidence
RetireCityIQ proxy model · Updated April 2026
Healthcare
Healthcare Access ScoreData not available
Climate
Avg July HighData not available
Avg January LowData not available
Annual PrecipitationData not available
Sunny Days / YearData not available
Safety
Safety Score
100 / 100Medium confidence
FBI Crime Data Explorer · Updated March 2026
Walkability
Walk Score (proxy)
51.6 / 100Medium confidence
U.S. Census ACS 5-Year (B08301) · Updated March 2026
Transit Score (proxy)
7 / 100Medium confidence
U.S. Census ACS 5-Year (B08301) · Updated March 2026
Demographics
Population
29,830High confidence
U.S. Census ACS 5-Year · Updated April 2026
Median Age
51.0High confidence
U.S. Census ACS 5-Year · Updated April 2026
Age 65+
25.6%High confidence
U.S. Census ACS 5-Year · Updated April 2026
Median Household Income
$84,465High confidence
U.S. Census ACS 5-Year · Updated April 2026
Community Profile
Owner-Occupied Housing
61.4%High confidence
U.S. Census ACS 5-Year · Updated April 2026
Veterans
5.2%High confidence
U.S. Census ACS 5-Year · Updated April 2026
Bachelor's Degree+
39.6%High confidence
U.S. Census ACS 5-Year · Updated April 2026
Poverty Rate
10.8%High confidence
U.S. Census ACS 5-Year · Updated April 2026
Diversity
White
90.9%High confidence
U.S. Census ACS 5-Year · Updated April 2026
Black
1.2%High confidence
U.S. Census ACS 5-Year · Updated April 2026
Hispanic/Latino
4.1%High confidence
U.S. Census ACS 5-Year · Updated April 2026
Asian
2.5%High confidence
U.S. Census ACS 5-Year · Updated April 2026
10-Year Housing Stress Test (Estimate)
Estimate monthly homeowner carrying cost in Gloucester using median home price and adjustable assumptions. Stress case applies +10% property tax, +20% insurance, +10% maintenance.
Estimated monthly carrying cost
$1,159
Stress-case monthly carrying cost
$1,302
Median home price used: $535,100
Median rent reference: $1,390 / month
Estimate includes property tax, insurance, maintenance reserve, and HOA. It excludes mortgage, utilities, and one-time transaction costs.