Wellesley, MA

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Population

29,004

0.329% growth

Median Age

35.9


Median Household Income

$176,852

2.99% growth

Poverty Rate

4.38%


Number of Employees

12,584

0.383% growth

Median Property Value

$1.04M

6.31% growth

About

In 2017, Wellesley, MA had a population of 29k people with a median age of 35.9 and a median household income of $176,852. Between 2016 and 2017 the population of Wellesley, MA grew from 28,909 to 29,004, a 0.329% increase and its median household income grew from $171,719 to $176,852, a 2.99% increase.

The population of Wellesley, MA is 78.5% White Alone, 11.2% Asian Alone, and 4.96% Hispanic or Latino. 19.1% of the people in Wellesley, MA speak a non-English language, and 92.6% are U.S. citizens.

The largest universities in Wellesley, MA are Babson College (1,052 degrees awarded in 2016), Wellesley College (737 degrees), and Massachusetts Bay Community College (659 degrees).

The median property value in Wellesley, MA is $1.04M, and the homeownership rate is 82.7%. Most people in Wellesley, MA commute by Drove Alone, and the average commute time is 26 minutes. The average car ownership in Wellesley, MA is 2 cars per household.

About the photo: Lake Waban in Wellesley, MA

Economy

The economy of Wellesley, MA employs 12.6k people. The largest industries in Wellesley, MA are Educational Services (2,342 people), Professional, Scientific, & Technical Services (2,092 people), and Finance & Insurance (1,936 people), and the highest paying industries are Finance & Insurance ($176,111), Manufacturing ($158,370), and Finance & Insurance, & Real Estate & Rental & Leasing ($154,211).

Median household income in Wellesley, MA is $176,852. Males in Wellesley, 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 Wellesley, MA (measured using the Gini index) is 0.485, which is higher than than the national average.

Wages

Median Household Income

$176,852

2017 value

± $14,882

2.99%

1 Year Growth

± 10.6%

Households in Wellesley, MA have a median annual income of $176,852, 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 $171,719 in 2016, which represents a 2.99% annual growth.

Look at the chart to see how the median household income in Wellesley, 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 Wellesley, MA made 1.34 times more than female employees.

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

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Wage Distribution

The closest comparable wage GINI for Wellesley, 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 4043.01

  2. Census Tract 4042.02

  3. Census Tract 4042.01

In 2017, the place with the highest Median Household Income (Total) in Wellesley, MA was Census Tract 4043.01 with a value of $190,160, followed by Census Tract 4042.02 and Census Tract 4042.01, with respective values of $180,667 and $178,359.

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

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Poverty by Age and Gender

Females 25 - 34

Largest Demographic Living in Poverty

4.38% of the population for whom poverty status is determined in Wellesley, MA (1.08k out of 24.5k 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 25 - 34, followed by Females 6 - 11 and then Males 55 - 64.

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 ± 145

  2. Black

    256 ± 152

  3. Hispanic

    229 ± 129

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

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

12.6k

2017 Value

± 598

0.383%

1 Year growth

± 6.57%

From 2016 to 2017, employment in Wellesley, MA grew at a rate of 0.383%, from 12.5k employees to 12.6k employees.

The most common job groups, by number of people living in Wellesley, MA, are Management Occupations (2,534 people), Sales & Related Occupations (1,851 people), and Business & Financial Operations Occupations (1,381 people). This chart illustrates the share breakdown of the primary jobs held by residents of Wellesley, MA.

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Most Common

The most common jobs held by residents of Wellesley, MA, by number of employees, are Management Occupations (2,534 people), Sales & Related Occupations (1,851 people), and Business & Financial Operations Occupations (1,381 people).

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Most Specialized

Compared to other places, Wellesley, MA has an unusually high number of residents working as Legal Occupations (4 times higher than expected), Business & Financial Operations Occupations (2.24 times), and Management Occupations (1.98 times).

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Highest Paid

The highest paid jobs held by residents of Wellesley, MA, by median earnings, are Health Diagnosing & Treating Practitioners & Other Technical Occupations ($163,603), Healthcare Practitioners & Technical Occupations ($152,768), and Management Occupations ($149,706).

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Industries

Employment by Industries

12.6k

2017 Value

± 598

0.383%

1 Year growth

± 6.57%

From 2016 to 2017, employment in Wellesley, MA grew at a rate of 0.383%, from 12.5k employees to 12.6k employees.

The most common employment sectors for those who live in Wellesley, MA, are Educational Services (2,342 people), Professional, Scientific, & Technical Services (2,092 people), and Finance & Insurance (1,936 people). This chart shows the share breakdown of the primary industries for residents of Wellesley, MA, though some of these residents may live in Wellesley, 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 Wellesley, MA, by number of employees, are Educational Services (2,342 people), Professional, Scientific, & Technical Services (2,092 people), and Finance & Insurance (1,936 people).

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Most Specialized

Compared to other places, Wellesley, MA has an unusually high number of Finance & Insurance (3.29 times higher than expected), Professional, Scientific, & Technical Services (2.37 times), and Educational Services (2.01 times) industries.

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Highest Paying

The highest paying industries in Wellesley, MA, by median earnings, are Finance & Insurance ($176,111), Manufacturing ($158,370), and Finance & Insurance, & Real Estate & Rental & Leasing ($154,211).

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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

98.8% of the population of Wellesley, MA has health coverage, with 67% on employee plans, 4.19% on Medicaid, 11.6% on Medicare, 15.8% on non-group plans, and 0.292% on military or VA plans.

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

Primary care physicians in Wellesley, 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

1.15%

Uninsured

67%

Employer Coverage

4.19%

Medicaid

11.6%

Medicare

15.8%

Non-Group

0.292%

Military or VA

Between 2016 and 2017, the percent of uninsured citizens in Wellesley, MA grew by 6.42% from 1.08% to 1.15%.

The following chart shows how the percent of uninsured individuals in Wellesley, 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

Wellesley, MA is home to a population of 29k people, from which 92.6% are citizens. As of 2017, 15.2% of Wellesley, MA residents were born outside of the country.

The ethnic composition of the population of Wellesley, MA is composed of 22.8k White Alone residents (78.5%), 3.25k Asian Alone residents (11.2%), 1.44k Hispanic or Latino residents (4.96%), 775 Black or African American Alone residents (2.67%), 634 Two or More Races residents (2.19%), 97 Some Other Race Alone residents (0.334%), 30 American Indian & Alaska Native Alone residents (0.103%), and 18 Native Hawaiian & Other Pacific Islander Alone residents (0.0621%).

The most common foreign languages spoken in Wellesley, MA are Chinese (1,733 speakers), Spanish or Spanish Creole (919 speakers), and French (Incl. Patois, Cajun) (289 speakers).

Age

Age by Nativity

32

Median Native-Born Age

± 3.8

43

Median Foreign-Born Age

± 2

In 2017, the median age of all people in Wellesley, MA was 35.9. Native-born citizens, with a median age of 32, were generally younger than than foreign-born citizens, with a median age of 43. But people in Wellesley, MA are getting getting younger. In 2016, the average age of all Wellesley, MA residents was 37.

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Heritage

Foreign-Born Population

15.2%

2017 Foreign-Born Population

14.8%

2016 Foreign-Born Population

As of 2017, 15.2% of Wellesley, 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 Wellesley, MA was 14.8%, meaning that the rate has been increasing.

The following chart shows the percentage of foreign-born residents in Wellesley, 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 Wellesley, MA was China, the natal country of 88,014 Wellesley, MA residents, followed by Dominican Republic with 84,884 and Brazil with 66,506.

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Citizenship

92.6%

2017 Citizenship

92.6%

2016 Citizenship

As of 2017, 92.6% of Wellesley, MA residents were US citizens, which is lower than the national average of 93.1%. In 2016, the percentage of US citizens in Wellesley, MA was 92.6%, meaning that the rate of citizenship has been increasing.

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

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Race and Ethnicity

Most Common

  1. White Alone

    22.8k ± 493

  2. Asian Alone

    3.25k ± 340

  3. Hispanic or Latino

    1.44k ± 303

In 2017, there were 7.01 times more White Alone residents (22.8k people) in Wellesley, MA than any other race or ethnicity. There were 3.25k Asian Alone and 1.44k 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 Wellesley, MA as a share of the total population.

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Non-English Speakers

Most Common Languages

  1. Chinese

    1,733 speakers (6.34%)

  2. Spanish or Spanish Creole

    919 speakers (3.36%)

  3. French (Incl. Patois, Cajun)

    289 speakers (1.06%)

19.1% of Wellesley, 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 Wellesley, MA was Chinese. 6.34% of the overall population of Wellesley, MA are native Chinese speakers. 3.36% speak Spanish or Spanish Creole and 1.06% speak Chinese, the next two most common languages.

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Military

Veterans

Most Common Service Period

  1. Vietnam

    337 ± 102

  2. Korea

    143 ± 65

  3. Gulf War (2001-)

    70 ± 44

Wellesley, MA has a large population of military personnel who served in Vietnam, 2.36 times greater than any other conflict.

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Education

In 2016, universities in Wellesley, MA awarded 2,448 degrees. The student population of Wellesley, MA is skewed towards women, with 4,097 male students and 6,405 female students.

Most students graduating from Universities in Wellesley, MA are White (1,072 and 53.7%), followed by Asian (253 and 12.7%), Hispanic or Latino (245 and 12.3%), and Black or African American (185 and 9.26%).

The largest universities in Wellesley, MA by number of degrees awarded are Babson College (1,052 and 43%), Wellesley College (737 and 30.1%), and Massachusetts Bay Community College (659 and 26.9%).

The most popular majors in Wellesley, MA are General Business Administration & Management (1,032 and 42.2%), General Studies (101 and 4.13%), and General Economics (94 and 3.84%).

The median tuition costs in Wellesley, MA are $48,399 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

In 2015, the most common concentation for Bachelors Degree recipients in Wellesley, MA was Other Research & Experimental Psychology with 64 degrees awarded.

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

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Universities

Largest Universities by degrees awarded

  1. 1,052 degrees awarded

  2. 737 degrees awarded

  3. 659 degrees awarded

$N/A

Median In-State Public

$48,399

Median Private

In 2016, the Wellesley, MA institution with the largest number of graduating students was Babson College with 1,052 degrees awarded.

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Student Gender for Common Institutions

913

Degrees Awarded to Men

1,535

Degrees Awarded to Women

In 2016, 913 men were awarded degrees from institutions in Wellesley, MA, which is 0.595 times less than the 1,535 female students who received degrees in the same year.

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

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Student Race and Ethnicity

Most Common Student Race or Ethnicity

  1. White

    1,072 degrees awarded

  2. Asian

    253 degrees awarded

  3. Hispanic or Latino

    245 degrees awarded

In 2016 the majority of degrees awarded at institutions in Wellesley, MA were to White students. These 1,072 degrees mean that there were 4.24 times more White students then the next closest race/ethnicity group, Asian, with 253 degrees awarded.

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Housing & Living

The median property value in Wellesley, MA was $1.04M in 2017, which is 4.79 times larger than the national average of $217,600. Between 2016 and 2017 the median property value increased from $980,400 to $1.04M, a 6.31% increase. The homeownership rate in Wellesley, MA is 82.7%, which is higher than the national average of 63.9%. People in Wellesley, MA have an average commute time of 26 minutes, and they commute by Drove Alone. Car ownership in Wellesley, 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.

$176,852

Median Household Income

± $14,882

8.66k

Number of Households

± 445

In 2017, the median household income of the 8.66k households in Wellesley, MA grew to $176,852 from the previous year's value of $171,719.

The following chart displays the households in Wellesley, 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

$1.04M

2017 Median

± $42,865

$980,400

2016 Median

± $23,725

In 2017, the median property value in Wellesley, MA grew to to $1.04M from the previous year's value of $980,400.

The following charts display, first, the property values in Wellesley, 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 Wellesley, MA the largest share of households have a property value in the $750k - $1000k range.

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Property Taxes

$3k+

Average Range

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

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Rent vs Own

82.7%

2017 Homeownership

82.6%

2016 Homeownership

In 2017, 82.7% of the housing units in Wellesley, MA were occupied by their owner. This percentage grew from the previous year's rate of 82.6%.

This percentage of owner-occupation is higher than the national average of 63.9%. This chart shows the ownership percentage in Wellesley, 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 Wellesley, MA distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Wellesley, MA have 2 cars, followed by 3 cars.

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Commute Time

26 minutes

Average Travel Time

Using averages, employees in Wellesley, MA have a longer commute time (26 minutes) than the normal US worker (25.1 minutes). Additionally, 1.69% of the workforce in Wellesley, MA have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Wellesley, 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

    57.9%

  2. Walked

    12%

  3. Worked At Home

    11%

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

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