Beverly, MA Employment - Median Household Income, Unemployment Rate

Beverly employment information

Index	Beverly	Massachusetts	National
Income per capita	$42,197	$38,069	$29,829
Median household income	$73,839	$70,954	$55,322
Median income owner occupied	$105,165	$95,052	$70,586
Median income renter occupied	$36,833	$39,116	$35,192
Median earnings male	$48,032	$45,946	$36,919
Median earnings female	$28,847	$32,028	$26,250
Unemployment rate	3.9%	4.6%	4.7%
Poverty level	7.7%	11.4%	15.1%

The Beverly, MA employment information can be a key indicator when searching for a new job. A good indicator of the strength of the job market is the income per capita and the median household income. The income per capita in Beverly is $42,197, which is 11% higher than than the Massachusetts average and 41% higher than than the national average. The median household income is $73,839, which is 4% higher than than the Massachusetts average and 33% higher than than the national average. The unemployment rate in Beverly is 4%, which is 16% lower than than the national average. The poverty rate in Beverly is 8% which is 49% lower than than the national average.

am i middle class

$49,221$73,839$147,678

City

$47,297$70,954$141,908

State

$36,877$55,322$110,644

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

Did you know?

The income per capita in Beverly is 41% higher than the national average.
The median household income in Beverly is 33% higher than the national average.
Male median earnings are 41% higher than female median earnings.
The unemployment rate in Beverly is 16% lower than the national average.
The poverty level in Beverly is 49% lower than the national average.

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Compare Beverly, MA Employment To Other Cities

Employment status

Hours worked per week

Beverly median earnings by income bracket

Beverly employment by industry

Labour Type	Male	Female
Construction industry	9.4%	0.9%
Manufacturing sector	12.2%	0.4%
Financial & insurance services	7.2%	4.0%
Wholesale & retail services	13.6%	12.1%
Public administration	3.2%	1.6%
Transportation, warehousing & utilities	3.7%	1.9%
Education, health & social services	14.9%	42.1%
Other	33.2%	28.7%

Nearby cities with high median household income

City, State	Population	Household Income	National Avg.
Boxford, MA	2,472	$135,662	145%
Topsfield, MA	3,435	$128,734	133%
Lynnfield, MA	12,489	$117,250	112%
Essex, MA	1,476	$109,185	97%
Reading, MA	25,490	$108,894	97%
Beverly, MA	40,967	$73,839	33%

Cities with similar population

City, State	Population	Household Income	National Avg.
Wilkes-Barre, PA	40,964	$31,248	44%
Shelton, CT	40,979	$87,277	58%
Edmonds, WA	41,020	$78,181	41%
Mankato, MN	40,900	$43,808	21%
Coram, NY	40,899	$84,384	53%
Beverly, MA	40,967	$73,839	33%

Source: The Beverly, MA employment data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).