GITNUX MARKETDATA REPORT 2024

Statistics About The Average Income In Massachusetts

The average income in Massachusetts is above the national average.

With sources from: census.gov, datausa.io, salary.com, statisticalatlas.com and many more

Statistic 1

As of 2021, the median household income in Massachusetts was $85,843.

Statistic 2

The mean income of full-time male workers in Massachusetts was $73,049 in 2019.

Statistic 3

The mean income of full-time, year-round female workers in Massachusetts in 2019 was $53,947.

Statistic 4

The highest median household income in Massachusetts was in Norfolk County where it stands at $92,696 for 2019.

Statistic 5

Suffolk County, Massachusetts, which includes Boston, had a median household income of $71,115 in 2019.

Statistic 6

The counties of Berkshire, Hampden, and Franklin had the lowest median household incomes in Massachusetts in 2019, with $54,800, $54,932, and $56,546 respectively.

Statistic 7

The city of Cambridge has a median household income of $95,404.

Statistic 8

The city of Worcester reported a median household income of $47,406.

Statistic 9

In Massachusetts, Asian households have the highest median income of among all ethnic groups at $89,551 in 2019.

Statistic 10

The median income for Black or African American households in Massachusetts was $50,485 in 2019.

Statistic 11

As of 2022, the average salary in Massachusetts is $64,580.

Statistic 12

The average income in Middlesex County, the most populated in Massachusetts, was $109,870 in 2019.

Statistic 13

The median income for Veterans in Massachusetts was $36,978 in 2020.

Statistic 14

As of 2019, Massachusetts ranked the 5th highest median household income in the US.

Statistic 15

The median income for families in Massachusetts was $97,861 in 2019.

Statistic 16

Massachusetts reported one of the highest numbers for personal income in New England with $438.3 billion in 2019.

Statistic 17

The average per capita income in Massachusetts in 2019 was $77,378.

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In this post, we will explore a comprehensive overview of the average income statistics in Massachusetts. From the median household income across different counties to the disparities in earnings among various demographic groups, these statistics provide valuable insights into the economic landscape of the state. Let’s delve into the numbers to better understand the income trends in Massachusetts.

Statistic 1

"As of 2021, the median household income in Massachusetts was $85,843."

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Statistic 2

"The mean income of full-time male workers in Massachusetts was $73,049 in 2019."

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Statistic 3

"The mean income of full-time, year-round female workers in Massachusetts in 2019 was $53,947."

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Statistic 4

"The highest median household income in Massachusetts was in Norfolk County where it stands at $92,696 for 2019."

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Statistic 5

"Suffolk County, Massachusetts, which includes Boston, had a median household income of $71,115 in 2019."

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Statistic 6

"The counties of Berkshire, Hampden, and Franklin had the lowest median household incomes in Massachusetts in 2019, with $54,800, $54,932, and $56,546 respectively."

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Statistic 7

"The city of Cambridge has a median household income of $95,404."

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Statistic 8

"The city of Worcester reported a median household income of $47,406."

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Statistic 9

"In Massachusetts, Asian households have the highest median income of among all ethnic groups at $89,551 in 2019."

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Statistic 10

"The median income for Black or African American households in Massachusetts was $50,485 in 2019."

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Statistic 11

"As of 2022, the average salary in Massachusetts is $64,580."

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Statistic 12

"The average income in Middlesex County, the most populated in Massachusetts, was $109,870 in 2019."

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Statistic 13

"The median income for Veterans in Massachusetts was $36,978 in 2020."

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Statistic 14

"As of 2019, Massachusetts ranked the 5th highest median household income in the US."

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Statistic 15

"The median income for families in Massachusetts was $97,861 in 2019."

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Statistic 16

"Massachusetts reported one of the highest numbers for personal income in New England with $438.3 billion in 2019."

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Statistic 17

"The average per capita income in Massachusetts in 2019 was $77,378."

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Interpretation

In conclusion, the statistics on income in Massachusetts present a varied landscape, with disparities evident among different demographics and geographic regions. While certain areas like Norfolk County and Cambridge boast high median household incomes, others such as Berkshire, Hampden, and Franklin counties exhibit notably lower figures. Discrepancies are also apparent between genders and ethnic groups, with Asian households having the highest median income. The state's overall economic performance is strong, reflected by its ranking as the 5th highest in median household income in the US and its significant personal income total. These statistics underscore the importance of continued efforts to address income inequality and ensure economic opportunities are accessible to all residents of Massachusetts.

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