Needham, MA

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Population

30,429

0.868% growth

Median Age

43.6


Median Household Income

$141,690

1.59% growth

Poverty Rate

2.95%


Number of Employees

14,778

0.915% growth

Median Property Value

$752,000

4.5% growth

About

In 2017, Needham, MA had a population of 30.4k people with a median age of 43.6 and a median household income of $141,690. Between 2016 and 2017 the population of Needham, MA grew from 30,167 to 30,429, a 0.868% increase and its median household income grew from $139,477 to $141,690, a 1.59% increase.

The population of Needham, MA is 84.4% White Alone, 8.17% Asian Alone, and 2.7% Hispanic or Latino. 15.7% of the people in Needham, MA speak a non-English language, and 96.1% are U.S. citizens.

The largest universities in Needham, MA are Franklin W Olin College of Engineering (78 degrees awarded in 2016).

The median property value in Needham, MA is $752,000, and the homeownership rate is 82.6%. Most people in Needham, MA commute by Drove Alone, and the average commute time is 27.7 minutes. The average car ownership in Needham, MA is 2 cars per household.

About the photo: Lake Waban in Wellesley, MA

Economy

The economy of Needham, MA employs 14.8k people. The largest industries in Needham, MA are Health Care & Social Assistance (2,554 people), Professional, Scientific, & Technical Services (2,409 people), and Educational Services (2,253 people), and the highest paying industries are Manufacturing ($132,097), Finance & Insurance ($131,293), and Finance & Insurance, & Real Estate & Rental & Leasing ($122,891).

Median household income in Needham, MA is $141,690. Males in Needham, MA have an average income that is 1.34 times higher than the average income of females, which is $62,850. The income inequality in Needham, MA (measured using the Gini index) is 0.485, which is higher than than the national average.

Wages

Median Household Income

$141,690

2017 value

± $12,164

1.59%

1 Year Growth

± 12.1%

Households in Needham, MA have a median annual income of $141,690, which is more than the median annual income of $60,336 across the entire United States. This is in comparison to a median income of $139,477 in 2016, which represents a 1.59% annual growth.

Look at the chart to see how the median household income in Needham, MA compares to that of it's neighboring and parent geographies.

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Wage by Gender in Common Jobs

The PUMS dataset is not available at the place level, so we are showing data for the Massachusetts.

$84,043

Average Male Salary

± $1,786

$62,850

Average Female Salary

± $1,306

In 2017, full-time male employees in Needham, MA made 1.34 times more than female employees.

This chart shows the gender-based wage disparity in the 5 most common occupations in Needham, MA by number of full-time employees.

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Wage by Race and Ethnicity in Common Jobs

The PUMS dataset is not available at the place level, so we are showing data for the Massachusetts.

Highest Average Salaries by Race & Ethnicity

  1. Asian

    $68,516 ± $4,051

  2. White

    $64,668 ± $1,113

  3. Native Hawaiian and Other Pacific Islander

    $49,586 ± $39,015

In 2017 the highest paid race/ethnicity of Needham, MA workers was Asian. These workers were paid 1.06 times more than White workers, who made the second highest salary of any race/ethnicity.

This chart shows the race- and ethnicity-based wage disparities in the 5 most common occupations in Needham, MA by number of full-time employees.

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Wage Distribution

The closest comparable wage GINI for Needham, MA is from Massachusetts.

0.485

2017 Wage GINI

0.485

2016 Wage GINI

In 2017, the income inequality in Massachusetts was 0.485 according to the GINI calculation of the wage distribution. Income inequality had a 0.0457% growth from 2016 to 2017, which means that wage distribution grew somewhat less even.

The 2017 the GINI for Massachusetts was higher than than the national average of 0.479. In other words, wages are distributed less evenly in Massachusetts in comparison to the national average.

This chart shows the number of workers in Massachusetts across various wage buckets compared to the national average.

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Income by Location

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Highest Median Household Income (Total)

  1. Census Tract 4033

  2. Census Tract 4031

  3. Census Tract 4034

In 2017, the place with the highest Median Household Income (Total) in Needham, MA was Census Tract 4033 with a value of $158,125, followed by Census Tract 4031 and Census Tract 4034, with respective values of $156,402 and $128,056.

The following map shows all of the places in Needham, MA colored by their Median Household Income (Total).

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Poverty by Age and Gender

Females 18 - 24

Largest Demographic Living in Poverty

2.95% of the population for whom poverty status is determined in Needham, MA (872 out of 29.5k people) live below the poverty line, a number that is lower than the national average of 13.4%. The largest demographic living in poverty are Females 18 - 24, followed by Females 65 - 74 and then Females 45 - 54.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

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Poverty by Race and Ethnicity

Largest Race or Ethnicity Living in Poverty

  1. White

    619 ± 188

  2. Black

    125 ± 155

  3. Asian

    112 ± 189

The most common racial or ethnic group living below the poverty line in Needham, MA is White, followed by Black and Asian.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

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Occupations

Employment by Occupations

14.8k

2017 Value

± 808

0.915%

1 Year growth

± 7.58%

From 2016 to 2017, employment in Needham, MA grew at a rate of 0.915%, from 14.6k employees to 14.8k employees.

The most common job groups, by number of people living in Needham, MA, are Management Occupations (2,557 people), Sales & Related Occupations (1,878 people), and Business & Financial Operations Occupations (1,606 people). This chart illustrates the share breakdown of the primary jobs held by residents of Needham, MA.

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Most Common

The most common jobs held by residents of Needham, MA, by number of employees, are Management Occupations (2,557 people), Sales & Related Occupations (1,878 people), and Business & Financial Operations Occupations (1,606 people).

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Most Specialized

Compared to other places, Needham, MA has an unusually high number of residents working as Life, Physical, & Social Science Occupations (3.37 times higher than expected), Legal Occupations (2.83 times), and Business & Financial Operations Occupations (2.21 times).

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Highest Paid

The highest paid jobs held by residents of Needham, MA, by median earnings, are Legal Occupations ($182,011), Health Diagnosing & Treating Practitioners & Other Technical Occupations ($158,304), and Management Occupations ($127,446).

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Industries

Employment by Industries

14.8k

2017 Value

± 808

0.915%

1 Year growth

± 7.58%

From 2016 to 2017, employment in Needham, MA grew at a rate of 0.915%, from 14.6k employees to 14.8k employees.

The most common employment sectors for those who live in Needham, MA, are Health Care & Social Assistance (2,554 people), Professional, Scientific, & Technical Services (2,409 people), and Educational Services (2,253 people). This chart shows the share breakdown of the primary industries for residents of Needham, MA, though some of these residents may live in Needham, MA and work somewhere else. Census data is tagged to a residential address, not a work address.

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Most Common

The most common industries in Needham, MA, by number of employees, are Health Care & Social Assistance (2,554 people), Professional, Scientific, & Technical Services (2,409 people), and Educational Services (2,253 people).

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Most Specialized

Compared to other places, Needham, MA has an unusually high number of Professional, Scientific, & Technical Services (2.33 times higher than expected), Finance & Insurance (2.02 times), and Real Estate & Rental & Leasing (1.78 times) industries.

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Highest Paying

The highest paying industries in Needham, MA, by median earnings, are Manufacturing ($132,097), Finance & Insurance ($131,293), and Finance & Insurance, & Real Estate & Rental & Leasing ($122,891).

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Domestic Trade

Domestic Production & Consumption

Domestic production and consumption consists of products and services shipped from Massachusetts to other states, or from other states to Massachusetts.

Top Domestic Production in Dollars

  1. $31.5B

  2. $27.2B

  3. $24.1B

In 2015, the top outbound Massachusetts product (by dollars) was Gasoline with $31.5B, followed by Mixed freight with $27.2B and Electronics and $24.1B.

The following chart shows the share of these products in relation to all outbound Massachusetts products.

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Domestic Trade Growth

Showing data for Massachusetts state.

$240B

2015 Value

$364B

Projected 2045 Value

51.4% growth

In 2015, total outbound Massachusetts trade was $240B. This is expected to increase 51.4% to $364B by 2045.

The following chart shows how the domestic outbound Massachusetts trade is projected to change in comparison to its neighboring states.

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Interstate Trade

Interstate trade consists of products and services shipped from Massachusetts to other states, or from other states to Massachusetts.

Most Common Trade Partners

  1. $13.2B

  2. $13.2B

  3. $12.7B

In 2015, the top outbound Massachusetts domestic partner for goods and services (by dollars) was New Hampshire with $13.2B, followed by New York with $13.2B and Connecticut and $12.7B.

The following map shows the amount of trade that Massachusetts shares with each state (excluding itself).

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Health

98.6% of the population of Needham, MA has health coverage, with 68.1% on employee plans, 5.34% on Medicaid, 12.2% on Medicare, 12.9% on non-group plans, and 0.0802% on military or VA plans.

Per capita personal health care spending in the place of Needham, MA was $10,559 in 2014. This is a 2.78% increase from the previous year ($10,273).

Primary care physicians in Needham, MA see 954 patients per year on average, which represents a 0.421% increase from the previous year (950 patients). Compare this to dentists who see 1010 patients per year, and mental health providers who see 185 patients per year.

Comparing across all counties in the state, Bristol County has the highest prevalence of diabetes (11.4%). Additionally, Bristol County has the highest prevalence of adult obesity (29.1%)

Patient to Clinician Ratios

Data is only available at the state level. Showing data for Massachusetts.

954 to 1

Primary Care Physicians

Primary care physicians in Massachusetts see an average of 954 patients per year. This represents a 0.421% increase from the previous year (950 patients).

The following chart shows how the number of patients seen by primary care physicians has been changing over time in Massachusetts in comparison to neighboring states.

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Behavioral Health Conditions

Data only available at the state level.

State with the Highest Prevalence

  1. 8.26% of the population affected

  2. 8.13% of the population affected

  3. 7.98% of the population affected

In 2016, West Virginia had the highest prevalence of adults with major depressive episode, with 8.26% of the population affected. The second highest is Arkansas (8.13%), followed by New Hampshire (7.98%).

The following map shows the percent of individuals with major depressive episode by state over multiple years.

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Access and Quality

Data only available at state level.

Most prevalent states

  1. 19.2% of adults

  2. 17.9% of adults

  3. 17.6% of adults

In 2016, Mississippi had the highest prevalence of adults who haven't seen a doctor in the past 12 months due to cost, at 19.2%. It is followed by Texas (17.9%) and Louisiana (17.6%).

The following map shows the prevalence of adults who haven't seen a doctor in the past 12 months due to cost by state over multiple years.

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Health Care Spending

Data is only available at the state level. Showing data for Massachusetts.

$10,559

Total Per Capita Spending on Personal Health Care 

$5,302

Per Enrollee Private Health Insurance Spending on Personal Health Care

$8,922

Per Enrollee Medicaid Spending on Personal Health Care

$11,899

Per Enrollee Medicare Spending on Personal Health Care

Between 2013 and 2014, all personal health care spending per capita in Massachusetts (including private, Medicare, and Medicaid) grew 2.78%, from $10,273 to $10,559.

The following chart shows how this spending changed over time in comparison to Medicaid, Medicare, and private insurance spending, per enrollee.

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Health Care Coverage

1.35%

Uninsured

68.1%

Employer Coverage

5.34%

Medicaid

12.2%

Medicare

12.9%

Non-Group

0.0802%

Military or VA

Between 2016 and 2017, the percent of uninsured citizens in Needham, MA declined by 1.1% from 1.37% to 1.35%.

The following chart shows how the percent of uninsured individuals in Needham, MA changed over time compared with the percent of individuals enrolled in various types of health insurance.

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Health Risks

Data available at the county level.

Most at risk counties

  1. 11.4% prevalence

  2. 11.1% prevalence

  3. 10.8% prevalence

Bristol County has the highest prevalence of diabetes in Massachusetts, at 11.4%.

The following map shows the prevalence of diabetes in Massachusetts by county over multiple years.

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Diversity

Needham, MA is home to a population of 30.4k people, from which 96.1% are citizens. As of 2017, 14% of Needham, MA residents were born outside of the country.

The ethnic composition of the population of Needham, MA is composed of 25.7k White Alone residents (84.4%), 2.49k Asian Alone residents (8.17%), 823 Hispanic or Latino residents (2.7%), 818 Two or More Races residents (2.69%), 622 Black or African American Alone residents (2.04%), 0 Native Hawaiian & Other Pacific Islander Alone residents (0%), 0 American Indian & Alaska Native Alone residents (0%), and 0 Some Other Race Alone residents (0%).

The most common foreign languages spoken in Needham, MA are Chinese (770 speakers), Russian (726 speakers), and Spanish or Spanish Creole (549 speakers).

Age

Age by Nativity

42

Median Native-Born Age

± 1.3

51

Median Foreign-Born Age

± 2.3

In 2017, the median age of all people in Needham, MA was 43.6. Native-born citizens, with a median age of 42, were generally younger than than foreign-born citizens, with a median age of 51. But people in Needham, MA are getting getting older. In 2016, the average age of all Needham, MA residents was 43.

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Heritage

Foreign-Born Population

14%

2017 Foreign-Born Population

14%

2016 Foreign-Born Population

As of 2017, 14% of Needham, MA residents were born outside of the United States, which is higher than the national average of 13.7%. In 2016, the percentage of foreign-born citizens in Needham, MA was 14%, meaning that the rate has been decreasing.

The following chart shows the percentage of foreign-born residents in Needham, MA compared to that of it's neighboring and parent geographies.

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Global Diversity

Most Common Origin

  1. China

    88,014 ± 7,236 people

  2. Dominican Republic

    84,884 ± 7,108 people

  3. Brazil

    66,506 ± 6,300 people

In 2017, the most common birthplace for the foreign-born residents of Needham, MA was China, the natal country of 88,014 Needham, MA residents, followed by Dominican Republic with 84,884 and Brazil with 66,506.

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Citizenship

96.1%

2017 Citizenship

96.8%

2016 Citizenship

As of 2017, 96.1% of Needham, MA residents were US citizens, which is higher than the national average of 93.1%. In 2016, the percentage of US citizens in Needham, MA was 96.8%, meaning that the rate of citizenship has been decreasing.

The following chart shows US citizenship percentages in Needham, MA compared to that of it's neighboring and parent geographies.

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Race and Ethnicity

Most Common

  1. White Alone

    25.7k ± 575

  2. Asian Alone

    2.49k ± 386

  3. Hispanic or Latino

    823 ± 310

In 2017, there were 10.3 times more White Alone residents (25.7k people) in Needham, MA than any other race or ethnicity. There were 2.49k Asian Alone and 823 Hispanic or Latino residents, the second and third most common racial or ethnic groups.

The following bar chart shows the 8 races and ethnicities represented in Needham, MA as a share of the total population.

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Non-English Speakers

Most Common Languages

  1. Chinese

    770 speakers (2.77%)

  2. Russian

    726 speakers (2.61%)

  3. Spanish or Spanish Creole

    549 speakers (1.98%)

15.7% of Needham, MA citizens are speakers of a non-English language, which is lower than the national average of 21.5%. In 2015, the most common non-English language spoken in Needham, MA was Chinese. 2.77% of the overall population of Needham, MA are native Chinese speakers. 2.61% speak Russian and 1.98% speak Chinese, the next two most common languages.

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Military

Veterans

Most Common Service Period

  1. Vietnam

    416 ± 159

  2. World War II

    251 ± 104

  3. Korea

    116 ± 66

Needham, MA has a large population of military personnel who served in Vietnam, 1.66 times greater than any other conflict.

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Education

In 2016, universities in Needham, MA awarded 78 degrees. The student population of Needham, MA is skewed towards men, with 193 male students and 185 female students.

Most students graduating from Universities in Needham, MA are White (40 and 55.6%), followed by Asian (13 and 18.1%), Unknown (12 and 16.7%), and Two or More Races (5 and 6.94%).

The largest universities in Needham, MA by number of degrees awarded are Franklin W Olin College of Engineering (78 and 100%).

The most popular majors in Needham, MA are Electrical & Electronics Engineering (31 and 39.7%), General Engineering (24 and 30.8%), and Mechanical Engineering (23 and 29.5%).

The median tuition costs in Needham, MA are $46,800 for private four year colleges, and $N/A and $N/A respectively, for public four year colleges for in-state students and out-of-state students.

Concentrations

Most Common

  1. 31 degrees awarded

  2. 24 degrees awarded

  3. 23 degrees awarded

In 2015, the most common concentation for Bachelors Degree recipients in Needham, MA was Electrical & Electronics Engineering with 31 degrees awarded.

This visualization illustrates the percentage of students graduating with a Bachelors Degree from schools in Needham, MA according to their major.

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Universities

Largest Universities by degrees awarded

78 degrees awarded

$N/A

Median In-State Public

$46,800

Median Private

In 2016, the Needham, MA institution with the largest number of graduating students was Franklin W Olin College of Engineering with 78 degrees awarded.

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Student Gender for Common Institutions

42

Degrees Awarded to Men

36

Degrees Awarded to Women

In 2016, 42 men were awarded degrees from institutions in Needham, MA, which is 1.17 times more than the 36 female students who received degrees in the same year.

This chart displays the gender disparity between the institutions in Needham, MA by degrees awarded.

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Student Race and Ethnicity

Most Common Student Race or Ethnicity

  1. White

    40 degrees awarded

  2. Asian

    13 degrees awarded

  3. Unknown

    12 degrees awarded

In 2016 the majority of degrees awarded at institutions in Needham, MA were to White students. These 40 degrees mean that there were 3.08 times more White students then the next closest race/ethnicity group, Asian, with 13 degrees awarded.

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Housing & Living

The median property value in Needham, MA was $752,000 in 2017, which is 3.46 times larger than the national average of $217,600. Between 2016 and 2017 the median property value increased from $719,600 to $752,000, a 4.5% increase. The homeownership rate in Needham, MA is 82.6%, which is higher than the national average of 63.9%. People in Needham, MA have an average commute time of 27.7 minutes, and they commute by Drove Alone. Car ownership in Needham, MA is approximately the same as the national average, with an average of 2 cars per household.

Income

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$141,690

Median Household Income

± $12,164

10.7k

Number of Households

± 619

In 2017, the median household income of the 10.7k households in Needham, MA grew to $141,690 from the previous year's value of $139,477.

The following chart displays the households in Needham, MA distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $200k+ range.

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Housing

Property Value

$752,000

2017 Median

± $26,809

$719,600

2016 Median

± $14,802

In 2017, the median property value in Needham, MA grew to to $752,000 from the previous year's value of $719,600.

The following charts display, first, the property values in Needham, MA compared to it's parent and neighbor geographies and, second, owner-occupied housing units distributed between a series of property value buckets compared to the national averages for each bucket. In Needham, MA the largest share of households have a property value in the $500k - $750k range.

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Property Taxes

$3k+

Average Range

This chart shows the households in Needham, MA distributed between a series of property tax buckets compared to the national averages for each bucket. In Needham, MA the largest share of households pay taxes in the $3k+ range.

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Rent vs Own

82.6%

2017 Homeownership

83.4%

2016 Homeownership

In 2017, 82.6% of the housing units in Needham, MA were occupied by their owner. This percentage declined from the previous year's rate of 83.4%.

This percentage of owner-occupation is higher than the national average of 63.9%. This chart shows the ownership percentage in Needham, MA compared it's parent and neighboring geographies.

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Transportation

Car Ownership

2 cars

Average Number

The following chart displays the households in Needham, MA distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Needham, MA have 2 cars, followed by 3 cars.

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Commute Time

27.7 minutes

Average Travel Time

Using averages, employees in Needham, MA have a longer commute time (27.7 minutes) than the normal US worker (25.1 minutes). Additionally, 1.47% of the workforce in Needham, MA have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Needham, MA compares to that of it's neighboring and parent geographies.

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Commuter Transportation

Most Common Method of Travel

  1. Drove Alone

    71.4%

  2. Public Transit

    10.6%

  3. Worked At Home

    8.69%

In 2017, the most common method of travel for workers in Needham, MA was Drove Alone, followed by those who Public Transit and those who Worked At Home.

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