Needham, MA Employment - Median Household Income, Unemployment Rate

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A+

171%

Income/capita NAT. AVG.

226%

Household income NAT. AVG.

39%

Unemployment NAT. AVG.

Index	Needham	Massachusetts	National
Income per capita	$121,675	$57,616	$44,883
Median household income	$265,508	$106,188	$81,333
Median income owner occupied	$302,582	$143,346	$106,172
Median income renter occupied	$66,463	$57,502	$52,080
Median earnings male	$157,877	$67,299	$54,343
Median earnings female	$67,898	$46,306	$38,439
Unemployment rate	3.0%	4.8%	4.9%
Poverty level	2.4%	11.4%	15.1%

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Homes For Sale In Needham, MA

60 High St

Needham, MA

56 Crescent Rd

Needham, MA

5 Colonial Rd

Needham, MA

56 Crescent Rd #56

Needham Heights, MA

Key findings

The income per capita in Needham is 171% higher than the national average
The median household income in Needham is 226% higher than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Needham is 39% lower than the national average
The poverty level in Needham is 84% lower than the national average

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am i middle class

$176,987 $265,508 $531,016

City

$70,784 $106,188 $212,376

State

$54,216 $81,333 $162,666

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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Needham median earnings by income bracket

Needham employment by industry

Labour Type	Male	Female
Construction industry	4.8%	4.8%
Manufacturing sector	7.7%	7.7%
Financial & insurance services	12.3%	12.3%
Wholesale & retail services	15.0%	15.0%
Public administration	2.8%	2.8%
Transportation, warehousing & utilities	3.6%	3.6%
Education, health & social services	19.4%	19.4%
Other	33.0%	33.0%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Wellesley, MA	29,744	$322,415	296.4%
Dover, MA	2,612	$319,331	292.6%
Lexington, MA	34,058	$280,113	244.4%
Cochituate, MA	6,978	$262,151	222.3%
Winchester, MA	23,430	$260,290	220.0%
Needham, MA	32,325	$265,508	226.4%

Cities with similar population

City	Population	Household Income	National Avg.
American Fork, UT	32,330	$115,721	42.3%
Southlake, TX	32,343	$335,120	312.0%
West Bend, WI	32,289	$95,201	17.1%
Garfield, NJ	32,363	$96,423	18.6%
Saratoga, CA	32,244	$301,158	270.3%
Needham, MA	32,325	$265,508	226.4%

Source: The Needham, MA employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.