Massachusetts has a population of about 7,136,171 (No.16 of 51 in the U.S.). Household income ranks high nationally.
Median household income $104,828 (No.2); per capita income $57,789 (No.2); median home value $607,400 (No.4); median rent $1,848 (No.4); median age 40.1 (No.17); income inequality (Gini) 0.482 (No.6).
Where it stands nationally: high household income. high home prices. high rents. an older housing stock.
Metrics and national rank
- Population 7,136,171 (rank 16 of 51)
- Median household income $104,828 (rank 2 of 51)
- Median home value $607,400 (rank 4 of 51)
- Median gross rent (monthly) $1,848 (rank 4 of 51)
- Median age 40.1 (rank 17 of 51)
- Per capita income $57,789 (rank 2 of 51)
- Income inequality (Gini) 0.482 (rank 6 of 51)
- Housing units 3,057,853 (rank 16 of 51)
- Median year structure built 1965 (rank 48 of 51)
About the metrics
- Population(people):Total state population (ACS 1-year estimate). A basis for market size, labor force, and representation.
- Median household income(USD/year):Median household income (USD/year). A gauge of living standards and a reference for cost-of-living and relocation comparisons.
- Median home value(USD):Median value of owner-occupied homes (USD). A comparison metric for housing cost and asset prices.
- Median gross rent (monthly)(USD/month):Median gross rent (rent plus utilities), monthly USD. For comparing rental housing costs.
- Median age(years):Median age of residents (years). A gauge of the age structure (aging vs. younger population).
- Per capita income(USD/year):Average income per person (USD/year). Useful for comparing income levels independent of household size.
- Income inequality (Gini)(0–1):The Gini index of income inequality (0 = perfect equality to 1 = maximal inequality). Higher means more unequal.
- Housing units(units):Total housing units in the state (including vacant). A gauge of the size of the housing stock.
- Median year structure built(year):Median year housing structures were built. A newer value means a newer housing stock.
Sources (primary)
This article is an independent summary based on the official U.S. data below. Please verify the latest and exact details with the official sources.
- Census QuickFacts (official)
- Source:U.S. Census Bureau(ACS 2024)
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.