Financial Security
Median Household Income

Maintaining


Median Household Income

What does this measure?

Median household income, in 2018 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 2014-18, the median household income in MetroWest was $89,000, 3% higher than the median income in 2000 of $86,800 (after adjusting for inflation). In 2014-18, the state had a lower median household income at $77,400 and the nation was substantially lower, at $60,300. MetroWest's slight increase since 2000 compares with the state level and a 5% decline at the national level.

Within MetroWest, median incomes were higher in Norfolk and Middlesex counties, at $99,500 and $97,000, than in Worcester County, at $71,900. Among local areas, Dover had the highest median income, at $224,800, followed by Wellesley, at $188,900. Framingham had the lowest median income at $79,100, followed by Marlborough at $79,200 and Milford at $82,100.

Notes about the data

Figures are in constant 2018 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
20002009-132014-18
United States$63,295$57,179$60,293
Massachusetts$76,119$72,076$77,378
Region$86,855$83,181$89,183
Middlesex$91,672$88,486$97,012
Norfolk$95,608$91,532$99,511
Worcester$72,158$70,305$71,895
Acton town, Middlesex County$138,100$119,208$137,910
Ashland town, Middlesex County$103,083$100,497$121,406
Bedford town, Middlesex County$132,580$116,096$129,726
Bellingham town, Norfolk County$97,211$86,426$99,569
Boxborough town, Middlesex County$132,062$109,410$108,207
Carlisle town, Middlesex County$195,657$172,502$171,625
Concord town, Middlesex County$144,540$145,200$141,293
Dedham town, Norfolk County$92,996$91,303$96,992
Dover town, Norfolk County$213,754$202,463$224,784
Framingham city, Middlesex County$81,825$73,206$79,136
Franklin town, Norfolk County$106,922$115,355
Groton town, Middlesex County$124,904$126,253$126,883
Harvard town, Worcester County$162,683$148,213$148,625
Holliston town, Middlesex County$117,704$118,918$125,625
Hopkinton town, Middlesex County$134,568$139,674$166,156
Hudson town, Middlesex County$88,248$77,578$87,806
Lexington town, Middlesex County$145,939$150,434$172,750
Lincoln town, Middlesex County$119,077$136,243$122,778
Littleton town, Middlesex County$107,593$113,671$120,638
Marlborough city, Middlesex County$85,731$75,781$79,228
Maynard town, Middlesex County$91,659$83,670$101,324
Medfield town, Norfolk County$147,330$144,366$155,039
Medway town, Norfolk County$113,247$114,401$119,450
Milford town, Worcester County$76,652$71,477$82,129
Millis town, Norfolk County$94,664$98,458$106,336
Natick town, Middlesex County$105,138$102,619$109,490
Needham town, Norfolk County$132,757$137,706$153,032
Sherborn town, Middlesex County$183,421$165,399$180,769
Southborough town, Worcester County$155,225$154,768$145,079
Stow town, Middlesex County$145,133$124,729$145,967
Sudbury town, Middlesex County$178,728$184,241$176,570
Walpole town, Norfolk County$112,677$99,596$112,897
Waltham city, Middlesex County$81,406$79,979$85,677
Wayland town, Middlesex County$152,286$140,933$174,330
Wellesley town, Norfolk County$171,353$171,568$188,908
Westborough town, Worcester County$110,659$108,767$108,767
Westford town, Middlesex County$148,120$134,161$141,173
Weston town, Middlesex County$231,992$207,566$181,667
Westwood town, Norfolk County$131,724$139,033$155,706

Source: U.S. Census Bureau
Notes: Figures in 2017 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 Increasing
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
Average Travel Time to Work Increasing
Households With Internet Access Not Applicable
Voter Participation Rate Decreasing
Average Charitable Contribution Maintaining
Protected Land Not Applicable
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 Maintaining
Average Salary by Sector Not Applicable
High-Tech Jobs Decreasing
Female to Male Earnings Ratio Maintaining
Prekindergarten Participation Increasing
Student Performance on Grade 3 English, by Student Subgroup Not Applicable
Chronically Absent Students Decreasing
High School Cohort Graduation Rate by Student Group Increasing
Education Levels of Adults Not Applicable
Education Levels of Adults, by Race/Ethnicity Not Applicable
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 Rent Not Applicable
Homelessness Increasing


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