Graph and download economic data for Estimate of Median Household Income for Massachusetts (MHIMA25000A052NCEN) from 1989 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.

In 2023, the average annual pay of employees in Massachusetts totaled to 93,013 U.S. dollars. This is an increase from 2001 levels, when this figure stood at 44,975 U.S. dollars.

About this dataset

Context

The dataset presents the median household income across different racial categories in Massachusetts. 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 Massachusetts population by race & ethnicity, the population is predominantly White. This particular racial category constitutes the majority, accounting for 70.73% of the total residents in Massachusetts. Notably, the median household income for White households is $108,161. Interestingly, despite the White population being the most populous, it is worth noting that Asian households actually reports the highest median household income, with a median income of $126,024. This reveals that, while Whites may be the most numerous in Massachusetts, Asian households experience greater economic prosperity in terms of median household income.

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 Massachusetts.
• 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 Massachusetts median household income by race. You can refer the same here

Graph and download economic data for Median Adjusted Gross Income for Massachusetts (MEDAGIMA25A052NCEN) from 1989 to 2022 about AGI, adjusted, MA, tax, gross, median, income, and USA.

This statistic shows the median household income in the United States from 1990 to 2023 in 2023 U.S. dollars. The median household income was 80,610 U.S. dollars in 2023, an increase from the previous year. Household incomeThe median household income depicts the income of households, including the income of the householder and all other individuals aged 15 years or over living in the household. Income includes wages and salaries, unemployment insurance, disability payments, child support payments received, regular rental receipts, as well as any personal business, investment, or other kinds of income received routinely. The median household income in the United States varies from state to state. In 2020, the median household income was 86,725 U.S. dollars in Massachusetts, while the median household income in Mississippi was approximately 44,966 U.S. dollars at that time. Household income is also used to determine the poverty line in the United States. In 2021, about 11.6 percent of the U.S. population was living in poverty. The child poverty rate, which represents people under the age of 18 living in poverty, has been growing steadily over the first decade since the turn of the century, from 16.2 percent of the children living below the poverty line in year 2000 to 22 percent in 2010. In 2021, it had lowered to 15.3 percent. The state with the widest gap between the rich and the poor was New York, with a Gini coefficient score of 0.51 in 2019. The Gini coefficient is calculated by looking at average income rates. A score of zero would reflect perfect income equality and a score of one indicates a society where one person would have all the money and all other people have nothing.

Median Household Income in Massachusetts was 106500.00000 Current $ in January of 2023, according to the United States Federal Reserve. Historically, Median Household Income in Massachusetts reached a record high of 106500.00000 in January of 2023 and a record low of 26960.00000 in January of 1984. Trading Economics provides the current actual value, an historical data chart and related indicators for Median Household Income in Massachusetts - last updated from the United States Federal Reserve on March of 2025.

In 2023, the per capita personal income in Massachusetts was 90,596 U.S. dollars. Per capita personal income is calculated as the personal income of the residents of a given area divided by the resident population of the area.

In 2023, the real median household income in the state of Alabama was 60,660 U.S. dollars. The state with the highest median household income was Massachusetts, which was 106,500 U.S. dollars in 2023. The average median household income in the United States was at 80,610 U.S. dollars.

This dataset provides the average annual earnings by industry per district.

Wage records are obtained from the Massachusetts Department of Unemployment Assistance (DUA) using a secure, anonymized matching process with limitations. For details on the process and suppression rules, please visit the Employment and Earnings of High School Graduates dashboard.

This dataset is one of three containing the same data that is also published in the Employment and Earnings of High School Graduates dashboard: Average Earnings by Student Group Average Earnings by Industry College and Career Outcomes

List of Industries

• 00 - All Students
• 11 - Agriculture, Forestry, Fishing and Hunting
• 21 - Mining, Quarrying, and Oil and Gas Extraction
• 22 - Utilities
• 23 - Construction
• 31 - Manufacturing
• 42 - Wholesale Trade
• 44 - Retail Trade
• 48 - Transportation and Warehousing
• 51 - Information
• 52 - Finance and Insurance
• 53 - Real Estate and Rental and Leasing
• 54 - Professional, Scientific, and Technical Services
• 55 - Management of Companies and Enterprises
• 56 - Administrative and Support and Waste Management and Remediation Services
• 61 - Educational Services
• 62 - Health Care and Social Assistance
• 71 - Arts, Entertainment, and Recreation
• 72 - Accommodation and Food Services
• 81 - Other Services (except Public Administration)
• 92 - Public Administration
• 0 - No Industry Reported

About this dataset

Context

The dataset presents the mean household income for each of the five quintiles in Millis, 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 28,180, while the mean income for the highest quintile (20% of households with the highest income) is 351,700. This indicates that the top earners earn 12 times compared to the lowest earners.
• *Top 5%: * The mean household income for the wealthiest population (top 5%) is 559,628, which is 159.12% higher compared to the highest quintile, and 1985.90% 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 Millis town median household income. You can refer the same here

Since 1990, the annual per capita disposable personal income has been increasing in Massachusetts. In 2023, the annual per capita disposable personal income was the highest, at 56,293 U.S. dollars. This is a significant increase from 1990, when disposable personal income was at 15,434 U.S. dollars.

Graph and download economic data for Estimate of Median Household Income for Bristol County, MA (MHIMA25005A052NCEN) from 1989 to 2023 about Bristol County, MA; Providence; MA; households; median; income; and USA.

About this dataset

Context

The dataset presents the mean household income for each of the five quintiles in Maynard, 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 22,014, while the mean income for the highest quintile (20% of households with the highest income) is 349,651. 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 453,999, which is 129.84% higher compared to the highest quintile, and 2062.32% 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 Maynard town median household income. You can refer the same here

Graph and download economic data for Estimate of Median Household Income for Berkshire County, MA (MHIMA25003A052NCEN) from 1989 to 2023 about Berkshire County, MA; Pittsfield; MA; households; median; income; and USA.

Graph and download economic data for Estimate of Median Household Income for Dukes County, MA (MHIMA25007A052NCEN) from 1989 to 2023 about Dukes County, MA; MA; households; median; income; and USA.

Graph and download economic data for Estimate of Median Household Income for Franklin County, MA (MHIMA25011A052NCEN) from 1989 to 2023 about Franklin County, MA; Springfield; MA; households; median; income; and USA.

About this dataset

Context

The dataset presents the mean household income for each of the five quintiles in Medfield, 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 38,049, while the mean income for the highest quintile (20% of households with the highest income) is 740,162. This indicates that the top earners earn 19 times compared to the lowest earners.
• *Top 5%: * The mean household income for the wealthiest population (top 5%) is 1,265,224, which is 170.94% higher compared to the highest quintile, and 3325.25% 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 Medfield town median household income. You can refer the same here

Graph and download economic data for Estimate of Median Household Income for Worcester County, MA (MHIMA25027A052NCEN) from 1989 to 2023 about Worcester County, MA; Worcester; 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.