All Countries
Needham, MA
Full City Profile · Massachusetts · Norfolk County County
3.6
/5.0
B+
Good
32,059
Population
2,606/sq mi density
$212,241
Median Income
$100,288 per capita
$1,146,000
Home Value
$1,494,789 Zillow
$2,412
Median Rent
37.9% income on rent
49°F
Avg Temperature
246 sunny days/yr
32
Violent Crime/100K
432 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$212,241 median income, 3.0% unemployment
B+
Affordability
3.6 / 5.0
$1,146,000 home value, $2,412/mo rent
F
Safety
1.0 / 5.0
32 violent crimes/100K
A+
Education
5.0 / 5.0
80.8% bachelor's degree or higher
Income Overview
Median Household Income
$212,241
182% above
US avg: $75,149
Per Capita Income
$100,288
157% above
US avg: $39,052
Unemployment Rate
3.0%
17% below
US avg: 3.6%
Poverty Rate
3.0%
76% below
US avg: 12.4%
Income Comparison: Needham vs. U.S. Average
Each bar shows Needham’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$212,241
282%
Per Capita
US: $39,052
$100,288
257%
IRS Avg AGI
US: $72,000
$164,234
228%
Avg Weekly Wage
US: $1,432
$1,625
113%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,625
13% above US avg ($1,432)
Mean Commute Time
29 min
4% above US avg (28 min)
Work From Home
28.8%
89% above US avg (15.2%)
Drive Alone
57.5%
21% below US avg (73.2%)
Public Transit
7.6%
51% above US avg (5.0%)
County GDP
$75,071M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
57.5%
Public Transit
7.6%
Work From Home
28.8%
Other
6.1%
Average commute time
29 minutes
US avg: 28 min
Business Landscape
Total Establishments
26,156
Restaurants
1,720
Healthcare
2,640
Retail
2,359
Manufacturing
519
Tax & Financial
IRS Avg Adjusted Gross Income
$164,234
128% above US avg ($72,000)
Avg Property Tax
$11,234
221% above US avg ($3,500)
Cost of Living Index
105.8
Above national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $212,241 |
| Per Capita Income | $100,288 |
| IRS Avg Adjusted Gross Income | $164,234 |
| Avg Weekly Wage | $1,625 |
| County GDP | $75,071M |
Hardship Indicators
| Unemployment Rate | 3.0% |
| Poverty Rate | 3.0% |
| Gini Coefficient | 0.489 |
| Cost of Living Index | 105.8 |
Commute
| Mean Commute | 29 minutes |
| Drive Alone | 57.5% |
| Public Transit | 7.6% |
| Work From Home | 28.8% |
Businesses
| Total Establishments | 26,156 |
| Restaurants | 1,720 |
| Healthcare | 2,640 |
| Retail | 2,359 |
| Manufacturing | 519 |
Tax
| IRS Avg AGI | $164,234 |
| Avg Property Tax | $11,234 |