asdf
Financial Security
Median Household Income

Maintaining


Median Household Income

What does this measure?

Median household income, in 2020 dollars. Half of incomes are below the median and half are above.

Why is this important?

Median household income is a gauge of the overall economic health of the region and the financial resources of households.

How is our region doing?

In 2016-20, the median household income in MetroWest was $97,700, 9% higher than the median income in 2000 of $89,500 (after adjusting for inflation). In 2016-20, the state had a lower median household income at $84,400 and the nation was substantially lower, at $65,000. MetroWest's 9% increase since 2000 compares with an 8% increase at the state level and a slight decrease at the national level.

Within MetroWest, median incomes were higher in Norfolk and Middlesex counties, at $105,300 and $106,200, than in Worcester County, at $77,200. Among local areas, Dover had the highest median income, at $250,000, followed by Sherborn, at $216,400. Marlborough had the lowest median income at $83,500, followed by Milford at $86,200 and Framingham at $86,300.

Notes about the data

Figures are in constant 2020 dollars. The multiyear figures are from the Census Bureau's American Community Survey. The bureau combined 5 years of responses to the survey to provide estimates for smaller geographic areas and increase the precision of its estimates. However, because the information came from a survey, the samples responding to the survey were not always large enough to produce reliable results, especially in small geographic areas. CGR has noted on data tables the estimates with relatively large margins of error. Estimates with 3 asterisks have the largest margins, plus or minus 50% or more of the estimate. Two asterisks mean plus or minus 35%-50%, and one asterisk means plus or minus 20%-35%. For all estimates, the confidence level is 90%, meaning there is 90% probability the true value (if the whole population were surveyed) would be within the margin of error (or confidence interval). The survey provides data on characteristics of the population that used to be collected only during the decennial census. Data for this indicator are released annually in December.

Median Household Income
20002006-102011-152016-20
United States$65,237$61,617$58,844$64,994
Massachusetts$78,454$76,566$74,867$84,385
Region$89,520$88,186$86,545$97,676
Middlesex$94,485$91,839$92,945$106,202
Norfolk$98,541$96,171$96,378$105,320
Worcester$74,372$76,142$71,319$77,155
Acton town, Middlesex County$142,337$125,245$137,187$137,981
Ashland town, Middlesex County$106,246$110,351$112,374$118,348
Bedford town, Middlesex County$136,648$127,757$124,187$133,824
Bellingham town, Norfolk County$100,194$92,923$96,594$103,258
Boxborough town, Middlesex County$136,113$121,327$112,142$126,597
Carlisle town, Middlesex County$201,660$183,970$181,385$197,530*
Concord town, Middlesex County$148,975$142,260$146,361$160,392
Dedham town, Norfolk County$95,849$95,979$91,110$101,780
Dover town, Norfolk County$220,312$195,344$202,603$250,001
Framingham city, Middlesex County$84,336$76,034$74,492$86,322
Franklin town, Norfolk County$106,026$118,228$118,193
Groton town, Middlesex County$128,736$147,001$127,367$142,500
Harvard town, Worcester County$167,674$167,678$137,652$170,250
Holliston town, Middlesex County$121,315$122,963$118,880$137,589
Hopkinton town, Middlesex County$138,697$142,713$151,291$172,683
Hudson town, Middlesex County$90,955$88,997$82,972$96,038
Lexington town, Middlesex County$150,416$155,053$163,035$185,686
Lincoln town, Middlesex County$122,730$143,739$140,790$140,888
Littleton town, Middlesex County$110,894$122,982$121,949$125,275
Marlborough city, Middlesex County$88,361$85,002$78,391$83,469
Maynard town, Middlesex County$94,471$89,726$96,455$107,891
Medfield town, Norfolk County$151,850$149,607$150,729$174,417
Medway town, Norfolk County$116,721$121,066$120,378$139,688
Milford town, Worcester County$79,004$79,090$76,154$86,203
Millis town, Norfolk County$97,568$101,447$100,505$114,255*
Natick town, Middlesex County$108,364$103,935$109,707$115,652
Needham town, Norfolk County$136,830$135,740$144,396$174,707
Sherborn town, Middlesex County$189,049$172,397$170,296$216,406
Southborough town, Worcester County$159,987$166,385$157,149$156,845
Stow town, Middlesex County$149,585$139,390*$150,199$143,711
Sudbury town, Middlesex County$184,211$181,946$180,985$195,073
Walpole town, Norfolk County$116,134$106,462$106,607$126,489
Waltham city, Middlesex County$83,904$78,746$82,120$95,851
Wayland town, Middlesex County$156,958$154,066$158,623$192,632
Wellesley town, Norfolk County$176,610$165,910$178,484$213,684
Westborough town, Worcester County$114,054$114,024$110,797$119,299
Westford town, Middlesex County$152,664$143,814$132,771$149,437
Weston town, Middlesex County$239,110$176,269$217,865$206,250*
Westwood town, Norfolk County$135,765$135,603$148,379$159,646

Source: U.S. Census Bureau
Notes: Figures in 2020 dollars. Multiyear results are from rolling American Community Survey. * Margin of error between 20% & 35% of estimate; ** margin of error between 35% & 50%; *** margin of error greater than 50%.








INDICATORS TREND
Early Prenatal Care by Mother's Race/Ethnicity Not Applicable
Children Living in Poverty Maintaining
Children Living in Poverty, by Race/Ethnicity Not Applicable
Single-Parent Families Increasing
Single-Parent Families by Race/Ethnicity Not Applicable
Disengaged Youth Decreasing
Reports of Domestic Violence Maintaining
Arts, Entertainment and Recreation Establishments Increasing
Households Without Vehicles Maintaining
Means of Transportation to Work Not Applicable
Households With Internet Access Not Applicable
Voter Participation Rate Increasing
Average Charitable Contribution Maintaining
People Without Health Insurance Decreasing
Drug Poisoning Mortality Rate Increasing
Crimes Against People Decreasing
Incarceration Rates, by Race/Ethnicity Not Applicable
Change in Total Population Increasing
Change in Population by Race/Ethnicity Not Applicable
Foreign-Born Population Increasing
Language Diversity Increasing
Population by Age Not Applicable
Change in Population by Age/Gender Not Applicable
Seniors Living Alone Decreasing
People with Disabilities Maintaining
Change in Total Jobs by Sector Not Applicable
Unemployment Rate Increasing
Business Ownership by Race/Ethnicity Not Applicable
Unemployment Rate by Race/Ethnicity Not Applicable
Share of Workers who are Professionals, by Race/Ethnicity Not Applicable
Average Salary by Sector Not Applicable
High-Tech Jobs Maintaining
Female to Male Earnings Ratio Maintaining
Prekindergarten Participation Decreasing
School Spending Per Student Maintaining
Student Performance on Grade 3 English, by Student Group Not Applicable
Student Performance on Grade 8 Math by Student Group Not Applicable
Chronically Absent Students Increasing
High School Cohort Graduation Rate by Student Group Increasing
Education Levels of Adults Not Applicable
Education Levels of Adults, by Race/Ethnicity Not Applicable
College Admission Rate, by Race/Ethnicity Decreasing
People Living in Poverty Increasing
People Living in Poverty, by Education Level Not Applicable
People Living in Poverty, by Race/Ethnicity Not Applicable
Household Receiving Temporary Assistance Maintaining
Participation in Food Assistance by Race/Ethnicity Not Applicable
Median Household Income Maintaining
Median Household Income, by Race/Ethnicity Not Applicable
Living Wage Not Applicable
80/20 Income Ratio Maintaining
Access to Financial Services, by Race/Ethnicity Not Applicable
Homeownership Rates Increasing
Homeownership Rates, by Race/Ethnicity Not Applicable
Cost of Homeownership Increasing
Cost of Homeownership, by Race/Ethnicity Not Applicable
Cost of Rent Not Applicable
Cost of Rent, by Race/Ethnicity Not Applicable
Homelessness Increasing
Early Prenatal Care by Mother's Race/Ethnicity Not Applicable
Children Living in Poverty, by Race/Ethnicity Not Applicable
Single-Parent Families by Race/Ethnicity Not Applicable
Incarceration Rates, by Race/Ethnicity Not Applicable
Change in Population by Race/Ethnicity Not Applicable
Business Ownership by Race/Ethnicity Not Applicable
Unemployment Rate by Race/Ethnicity Not Applicable
Share of Workers who are Professionals, by Race/Ethnicity Not Applicable
Student Performance on Grade 3 English, by Student Group Not Applicable
Student Performance on Grade 8 Math by Student Group Not Applicable
High School Cohort Graduation Rate by Student Group Increasing
Education Levels of Adults, by Race/Ethnicity Not Applicable
College Admission Rate, by Race/Ethnicity Decreasing
People Living in Poverty, by Race/Ethnicity Not Applicable
Participation in Food Assistance by Race/Ethnicity Not Applicable
Median Household Income, by Race/Ethnicity Not Applicable
Access to Financial Services, by Race/Ethnicity Not Applicable
Homeownership Rates, by Race/Ethnicity Not Applicable
Cost of Homeownership, by Race/Ethnicity Not Applicable
Cost of Rent, by Race/Ethnicity Not Applicable


Loading...