Average household income in massachusetts

What is the middle class income in Massachusetts?

Range of household incomes needed to be considered middle class, by family size

State Single Family of four
Massachusetts $28,129 – $84,386 $56,257 – $168,772
Michigan $24,345 – $73,035 $48,690 – $146,071
Minnesota $25,441 – $76,323 $50,882 – $152,646
Mississippi $22,545 – $67,634 $45,089 – $135,268

What is a good salary in Massachusetts?

Massachusetts Average While ZipRecruiter is seeing salaries as high as $147,763 and as low as $22,273, the majority of Average salaries currently range between $53,781 (25th percentile) to $80,400 (75th percentile) with top earners (90th percentile) making $97,784 annually in Massachusetts.

What is the wealthiest town in Massachusetts?

When it comes to the wealthiest places in Massachusetts, a new town can claim top dollar, according to U.S. Census Bureau data. Dover has the highest estimated median household income in the Bay State, at $212,574. Last year, the data showed that Wellesley was the wealthiest place in Massachusetts.

What is the average household income in Boston MA?

$71,834

What is considered upper income 2020?

Those making less than $39,500 make up the lower- income bracket, while those making more than $118,000 make up the upper – income bracket.

What is upper middle class income 2020?

For high earners, a three-person family needed an income between $106,827 and $373,894 to be considered upper – middle class , Rose says. Those who earn more than $373,894 are rich.

Is 70k a good salary in Boston?

70k is a very decent salary for a guy your age. It’ll be doable for sure. And depending on your field, Boston is filled with opportunity. As SpringMom pointed out, you should find something in your budget that is reasonable.

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Is 200k a good salary in Boston?

The ” average ” household in Boston makes less than half of what you and your wife make. I’d say 200K is well-above middle class. According to a study, Boston area earnings are higher than the national average by about a third. However, the average earning is still under $70K a year.

Is 100k a good salary in Boston?

If you earn a $100,000 salary , then you’re well ahead of the median worker in the U.S. But if you live in Boston , it’s harder to make that money go as far as it does in other major U.S. cities. Boston ranks in the bottom 15, according to the GOBankingRates.com report.

What is the poorest city in MA?

Apr 3, 2020 11:20 am ET. BOSTON — Lawrence, which has the lowest per-capita income in Massachusetts , also has one of the highest rates of coronavirus infections on a per capita basis, according to a Massachusetts Patch review of data from 27 towns and cities in eastern Massachusetts .

Where do millionaires live in Massachusetts?

The number of millionaires in Worcester, the state’s second-most populous city, declined from 47 in 2014 to 45 in 2015. Tewksbury, Revere, Melrose, Harwich, Dracut, Chelmsford and Bridgewater all increased the number of millionaire residents by at least 100 percent over the three-year span.

What is the nicest town in Massachusetts?

Best Towns to Raise Families in Massachusetts Amherst. Amherst is in Hampshire County and has a population of 40,000 people. Bedford. Bedford is an American historical hub located in Middlesex County. Springfield. Springfield is the third largest city in Massachusetts. Lexington . Brookline . Medford. Hull. North Adams. 6 дней назад

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What is the average annual income in Massachusetts?

$79,835

What is the poorest county in Massachusetts?

Poverty in Massachusetts: What towns, cities and counties are the poorest in the Bay State? Dukes County, 7.6% Middlesex County, 7.7% Plymouth County, 8% Worcester County, 9.6% Franklin County , 10% Essex County , 10.7% Berkshire County, 10.9% Hampden County , 16.5%

Is Boston a good place to live?

BOSTON (CBS) — The Boston metro area ranked high as a desirable place to live in a recent ranking–with other New England cities also making the cut. The site said Boston often feels “like a small town with all the perks of city life,” and praised local education, health care, and cuisine.

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