Graph and download economic data for Median Household Income in Massachusetts (MEHOINUSMAA646N) from 1984 to 2023 about MA, households, median, income, and USA.

In 2023, the median household income in Massachusetts amounted to 106,500 U.S. dollars. This is an increase from the previous year, when the median household income in the state was 93,550 U.S. dollars. Household median income data for the United States as a whole can be accessed here.

About this dataset

Context

The dataset presents the distribution of median household income among distinct age brackets of householders in Boston. Based on the latest 2019-2023 5-Year Estimates from the American Community Survey, it displays how income varies among householders of different ages in Boston. It showcases how household incomes typically rise as the head of the household gets older. The dataset can be utilized to gain insights into age-based household income trends and explore the variations in incomes across households.

Key observations: Insights from 2023

In terms of income distribution across age cohorts, in Boston, householders within the 25 to 44 years age group have the highest median household income at $120,777, followed by those in the 45 to 64 years age group with an income of $95,859. Meanwhile householders within the 65 years and over age group report the second lowest median household income of $49,478. Notably, householders within the under 25 years age group, had the lowest median household income at $45,729.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates. All incomes have been adjusting for inflation and are presented in 2023-inflation-adjusted dollars.

Age groups classifications include:

• Under 25 years
• 25 to 44 years
• 45 to 64 years
• 65 years and over

Variables / Data Columns

• Age Of The Head Of Household: This column presents the age of the head of household
• Median Household Income: Median household income, in 2023 inflation-adjusted dollars for the specific age group

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Boston median household income by age. You can refer the same here

Graph and download economic data for Estimate of Median Household Income for Suffolk County, MA (MHIMA25025A052NCEN) from 1989 to 2023 about Suffolk County, MA; Boston; MA; households; median; income; and USA.

About this dataset

Context

The dataset presents the mean household income for each of the five quintiles in South Boston, VA, as reported by the U.S. Census Bureau. The dataset highlights the variation in mean household income across quintiles, offering valuable insights into income distribution and inequality.

Key observations

• Income disparities: The mean income of the lowest quintile (20% of households with the lowest income) is 8,989, while the mean income for the highest quintile (20% of households with the highest income) is 145,143. This indicates that the top earners earn 16 times compared to the lowest earners.
• *Top 5%: * The mean household income for the wealthiest population (top 5%) is 229,062, which is 157.82% higher compared to the highest quintile, and 2548.25% higher compared to the lowest quintile.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates.

Income Levels:

• Lowest Quintile
• Second Quintile
• Third Quintile
• Fourth Quintile
• Highest Quintile
• Top 5 Percent

Variables / Data Columns

• Income Level: This column showcases the income levels (As mentioned above).
• Mean Household Income: Mean household income, in 2023 inflation-adjusted dollars for the specific income level.

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for South Boston median household income. You can refer the same here

Graph and download economic data for Estimate of Median Household Income for Middlesex County, MA (MHIMA25017A052NCEN) from 1989 to 2023 about Middlesex County, MA; Boston; MA; households; median; income; and USA.

About this dataset

Context

The dataset presents the the household distribution across 16 income brackets among four distinct age groups in Norwell town: Under 25 years, 25-44 years, 45-64 years, and over 65 years. The dataset highlights the variation in household income, offering valuable insights into economic trends and disparities within different age categories, aiding in data analysis and decision-making..

Key observations

• Upon closer examination of the distribution of households among age brackets, it reveals that there are 13(0.36%) households where the householder is under 25 years old, 1,087(29.84%) households with a householder aged between 25 and 44 years, 1,585(43.51%) households with a householder aged between 45 and 64 years, and 958(26.30%) households where the householder is over 65 years old.
• In Norwell town, the age group of 45 to 64 years stands out with both the highest median income and the maximum share of households. This alignment suggests a financially stable demographic, indicating an established community with stable careers and higher incomes.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates.

Income brackets:

• Less than $10,000
• $10,000 to $14,999
• $15,000 to $19,999
• $20,000 to $24,999
• $25,000 to $29,999
• $30,000 to $34,999
• $35,000 to $39,999
• $40,000 to $44,999
• $45,000 to $49,999
• $50,000 to $59,999
• $60,000 to $74,999
• $75,000 to $99,999
• $100,000 to $124,999
• $125,000 to $149,999
• $150,000 to $199,999
• $200,000 or more

Variables / Data Columns

• Household Income: This column showcases 16 income brackets ranging from Under $10,000 to $200,000+ ( As mentioned above).
• Under 25 years: The count of households led by a head of household under 25 years old with income within a specified income bracket.
• 25 to 44 years: The count of households led by a head of household 25 to 44 years old with income within a specified income bracket.
• 45 to 64 years: The count of households led by a head of household 45 to 64 years old with income within a specified income bracket.
• 65 years and over: The count of households led by a head of household 65 years and over old with income within a specified income bracket.

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Norwell town median household income by age. You can refer the same here

About this dataset

Context

The dataset presents the distribution of median household income among distinct age brackets of householders in Boston township. Based on the latest 2019-2023 5-Year Estimates from the American Community Survey, it displays how income varies among householders of different ages in Boston township. It showcases how household incomes typically rise as the head of the household gets older. The dataset can be utilized to gain insights into age-based household income trends and explore the variations in incomes across households.

Key observations: Insights from 2023

In terms of income distribution across age cohorts, in Boston township, the median household income stands at $94,208 for householders within the 45 to 64 years age group, followed by $86,198 for the 25 to 44 years age group. Notably, householders within the 65 years and over age group, had the lowest median household income at $65,020.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates. All incomes have been adjusting for inflation and are presented in 2023-inflation-adjusted dollars.

Age groups classifications include:

• Under 25 years
• 25 to 44 years
• 45 to 64 years
• 65 years and over

Variables / Data Columns

• Age Of The Head Of Household: This column presents the age of the head of household
• Median Household Income: Median household income, in 2023 inflation-adjusted dollars for the specific age group

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Boston township median household income by age. You can refer the same here

Graph and download economic data for 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Middlesex County, MA (MHICIUBMA25017A052NCEN) from 1989 to 2023 about Middlesex County, MA; Boston; MA; households; median; income; and USA.

Graph and download economic data for Estimate of Median Household Income for Plymouth County, MA (MHIMA25023A052NCEN) from 1989 to 2023 about Plymouth County, MA; Boston; MA; households; median; income; and USA.

About this dataset

Context

The dataset presents the median household income across different racial categories in Boston town. It portrays the median household income of the head of household across racial categories (excluding ethnicity) as identified by the Census Bureau. The dataset can be utilized to gain insights into economic disparities and trends and explore the variations in median houshold income for diverse racial categories.

Key observations

Based on our analysis of the distribution of Boston town population by race & ethnicity, the population is predominantly White. This particular racial category constitutes the majority, accounting for 93.40% of the total residents in Boston town. Notably, the median household income for White households is $89,651. Interestingly, White is both the largest group and the one with the highest median household income, which stands at $89,651.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates.

Racial categories include:

• White
• Black or African American
• American Indian and Alaska Native
• Asian
• Native Hawaiian and Other Pacific Islander
• Some other race
• Two or more races (multiracial)

Variables / Data Columns

• Race of the head of household: This column presents the self-identified race of the household head, encompassing all relevant racial categories (excluding ethnicity) applicable in Boston town.
• Median household income: Median household income, adjusting for inflation, presented in 2023-inflation-adjusted dollars

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Boston town median household income by race. You can refer the same here

Graph and download economic data for Estimate of Median Household Income for Norfolk County, MA (MHIMA25021A052NCEN) from 1989 to 2023 about Norfolk County, MA; Boston; MA; households; median; income; and USA.

Graph and download economic data for Estimate of Median Household Income for Essex County, MA (MHIMA25009A052NCEN) from 1989 to 2023 about Essex County, MA; Boston; MA; households; median; income; and USA.

Graph and download economic data for 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Suffolk County, MA (MHICIUBMA25025A052NCEN) from 1989 to 2023 about Suffolk County, MA; Boston; MA; households; median; income; and USA.

In 2021, the median household income in Massachusetts amounted to 89,645 U.S. dollars. This is a slight decrease from the previous year when the median household income was 86,725 U.S. dollars in Massachusetts.

Graph and download economic data for 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Norfolk County, MA (MHICIUBMA25021A052NCEN) from 1989 to 2023 about Norfolk County, MA; Boston; MA; households; median; income; and USA.

Graph and download economic data for 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Plymouth County, MA (MHICIUBMA25023A052NCEN) from 1989 to 2023 about Plymouth County, MA; Boston; MA; households; median; income; and USA.

Graph and download economic data for 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Essex County, MA (MHICIUBMA25009A052NCEN) from 1989 to 2023 about Essex County, MA; Boston; MA; households; median; income; and USA.

About this dataset

Context

The dataset presents the mean household income for each of the five quintiles in Stoughton, Massachusetts, as reported by the U.S. Census Bureau. The dataset highlights the variation in mean household income across quintiles, offering valuable insights into income distribution and inequality.

Key observations

• Income disparities: The mean income of the lowest quintile (20% of households with the lowest income) is 23,676, while the mean income for the highest quintile (20% of households with the highest income) is 309,990. This indicates that the top earners earn 13 times compared to the lowest earners.
• *Top 5%: * The mean household income for the wealthiest population (top 5%) is 475,304, which is 153.33% higher compared to the highest quintile, and 2007.54% higher compared to the lowest quintile.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates.

Income Levels:

• Lowest Quintile
• Second Quintile
• Third Quintile
• Fourth Quintile
• Highest Quintile
• Top 5 Percent

Variables / Data Columns

• Income Level: This column showcases the income levels (As mentioned above).
• Mean Household Income: Mean household income, in 2023 inflation-adjusted dollars for the specific income level.

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Stoughton town median household income. You can refer the same here

Graph and download economic data for Estimate of Median Household Income for Rockingham County, NH (MHINH33015A052NCEN) from 1989 to 2023 about Rockingham County, NH; Boston; NH; households; median; income; and USA.