Hopkinton, MA Employment - Median Household Income, Unemployment Rate

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B

56%

Income/capita NAT. AVG.

88%

Household income NAT. AVG.

2%

Unemployment NAT. AVG.

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Index	Hopkinton	Massachusetts	National
Income per capita	$46,438	$38,069	$29,829
Median household income	$104,231	$70,954	$55,322
Median income owner occupied	$125,615	$95,052	$70,586
Median income renter occupied	$64,632	$39,116	$35,192
Median earnings male	$80,188	$45,946	$36,919
Median earnings female	$37,870	$32,028	$26,250
Unemployment rate	4.5%	4.6%	4.7%
Poverty level	3.4%	11.4%	15.1%

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Key findings

The income per capita in Hopkinton is 56% higher than the national average
The median household income in Hopkinton is 88% higher than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Hopkinton is 2% lower than the national average
The poverty level in Hopkinton is 77% lower than the national average

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am i middle class

$69,480 $104,231 $208,462

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.

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Hopkinton median earnings by income bracket

Hopkinton employment by industry

Labour Type	Male	Female
Construction industry	10.2%	0.0%
Manufacturing sector	16.4%	0.0%
Financial & insurance services	4.8%	5.6%
Wholesale & retail services	17.0%	9.0%
Public administration	9.1%	4.1%
Transportation, warehousing & utilities	4.8%	0.0%
Education, health & social services	10.9%	51.8%
Other	26.8%	21.7%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Wellesley, MA	28,909	$171,719	210.4%
Cordaville, MA	2,847	$170,139	207.5%
Dover, MA	2,453	$169,118	205.7%
Needham, MA	30,167	$139,477	152.1%
Cochituate, MA	6,940	$133,339	141.0%
Hopkinton, MA	2,794	$104,231	88.4%

Cities with similar population

City	Population	Household Income	National Avg.
Alexander, AR	2,794	$37,853	31.6%
DeCordova, TX	2,794	$77,857	40.7%
England, AR	2,793	$32,917	40.5%
Knoxville, IL	2,793	$49,330	10.8%
St. Marys, KS	2,793	$52,500	5.1%
Hopkinton, MA	2,794	$104,231	88.4%

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