Part Of Wayland Among Top 10 Richest Places In MA: Census

Wayland MA

25 April, 2022

4:16 PM

Description

MASSACHUSETTS — The median household income in Massachusetts in 2020 was $84,385, according to recently-released Census estimates, making it the third-richest state behind Maryland ($87,063) and New Jersey ($85,245). The American Community Survey 5-year estimates also showed Massachusetts ranked 10th among states for people living below the poverty line. In Massachusetts, 6.8 percent of households had income less than $24,999 in 2020, putting the Bay State below the national poverty rate of 9 percent. The Cochituate area in Wayland — located at the south end of town near the Framingham and Natick lines — ranked among the top 10 richest places in the state. The area has a population just under 7,000 people, which is about half of Wayland's total population. The area straddles Lake Cochituate and Dudley Pond. We've listed the richest and poorest places below. We've also put together spreadsheet showing the estimated 2020 median income for every town in Massachusetts tracked by the Census data. The 25 Richest Places In Massachusetts Boxford — $221,153Green Harbor (Marshfield) — $218,157 Dover — $217,284 Wellesley — $213,684 Lexington — $185,686Cochituate (Wayland) — $175,729 Needham — $174,707Winchester — $173,058 Hingham — $172,768Cordaville (Southborough) — $167,593 South Duxbury — $165,516 Marshfield Hills — $157,981 Newton — $154,398 Sharon — $148,009 Medfield — $147,858Cedar Crest (Marshfield) — $157,891 Lynnfield — $145,594 Hopkinton — $141,713 North Pembroke — $141,389 Milton — $141,050 Belmont — $140,500Topsfield — $139,077 Wilmington — $133,873 West Concord — $132,619 Reading — $131,515 The 10 Poorest Places In Massachusetts The places in Massachusetts with the lowest median income in 2020 fell into two, broad categories: small, rural towns, mostly in the western part of the state and former industrial cities that entered a long decline in the second half of the 20th century. Onset — $33,614 Turners Falls — $38,063 Wareham Center — $40,217 Lenox — $40,294 Springfield — $41,571 Holyoke — $42,537 Ware — $42,905 Great Barrington — $43,870 Adams — $43,932 Lawrence — $45,045