Needham, MA Employment - Median Household Income, Unemployment Rate

Needham employment information

Index	Needham	Massachusetts	National
Income per capita	$67,059	$38,069	$29,829
Median household income	$139,477	$70,954	$55,322
Median income owner occupied	$159,188	$95,052	$70,586
Median income renter occupied	$52,539	$39,116	$35,192
Median earnings male	$92,152	$45,946	$36,919
Median earnings female	$45,058	$32,028	$26,250
Unemployment rate	3.4%	4.6%	4.7%
Poverty level	3.5%	11.4%	15.1%

The Needham, 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 Needham is $67,059, which is 76% higher than than the Massachusetts average and 125% higher than than the national average. The median household income is $139,477, which is 97% higher than than the Massachusetts average and 152% higher than than the national average. The unemployment rate in Needham is 3%, which is 28% lower than than the national average. The poverty rate in Needham is 3% which is 77% lower than than the national average.

am i middle class

$92,975$139,477$278,954

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 Needham is 125% higher than the national average.
The median household income in Needham is 152% higher than the national average.
Male median earnings are 41% higher than female median earnings.
The unemployment rate in Needham is 28% lower than the national average.
The poverty level in Needham is 77% lower than the national average.

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Compare Needham, MA Employment To Other Cities

Employment status

Hours worked per week

Needham median earnings by income bracket

Needham employment by industry

Labour Type	Male	Female
Construction industry	6.8%	0.3%
Manufacturing sector	9.6%	0.0%
Financial & insurance services	12.7%	7.9%
Wholesale & retail services	9.8%	7.9%
Public administration	2.7%	1.6%
Transportation, warehousing & utilities	1.8%	0.7%
Education, health & social services	19.7%	43.9%
Other	33.9%	33.1%

Nearby cities with high median household income

City, State	Population	Household Income	National Avg.
Wellesley, MA	28,909	$171,719	210%
Cordaville, MA	2,847	$170,139	208%
Dover, MA	2,453	$169,118	206%
Lexington, MA	32,936	$152,872	176%
Winchester, MA	22,491	$149,321	170%
Needham, MA	30,167	$139,477	152%

Cities with similar population

City, State	Population	Household Income	National Avg.
Princeton, NJ	30,168	$118,467	114%
Madison Heights, MI	30,168	$43,158	22%
Kahului, HI	30,164	$70,905	28%
Post Falls, ID	30,157	$48,894	12%
Texarkana, AR	30,155	$37,659	32%
Needham, MA	30,167	$139,477	152%

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