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Needham, MA Area and Community Summary Information


Community Summary

Needham Massachusetts
Community Characteristics
Population 28,438 6,413,424
Population Density 2,255 782
Educational Climate Index 5
Median Age 42.21 37.44
Median Dwelling Age 45 44
In Current Residence 5+ years 60 % 47 %
Median Home Sale Price $586,250
Average household Income $147,338 $80,123
Median Value of Home Equity $308,406 $199,280
Median Mortgage Debt $747,105 $423,313
Total Household Expenditure 182 116
Total Crime Risk 17 73
Weather Risk 109 96
Air Pollution Index 102 99
Median Travel Time to Work 26.45 22.21
     

Population Characteristics

Needham Massachusetts
Population 28,438 6,413,424
Population Density 2,255 782
     
Male Population 13,601 3,115,055
Female Population 14,837 3,298,369
     
Population Change Since 1990 3 % 7 %
Population Change Since 2000 -2 % 1 %
     

Age

Needham Massachusetts
Median Age 42.21 37.44
     
Population: Age 0-4 2,008 396,123
Population: Age 5-9 1,909 387,613
Population: Age 10-14 2,016 402,689
Population: Age 15-19 1,884 420,554
Population: Age 20-24 1,080 423,079
Population: Age 25-29 681 425,307
Population: Age 30-34 1,258 432,746
Population: Age 35-39 1,882 463,472
Population: Age 40-44 2,336 505,793
Population: Age 45-49 2,528 507,719
Population: Age 50-54 2,320 460,639
Population: Age 55-59 1,861 401,552
Population: Age 60-64 1,541 318,623
Population: Age 65-69 1,164 228,530
Population: Age 70-74 920 183,653
Population: Age 75-79 918 164,498
Population: Age 80-84 880 139,350
Population: Age 85+ 1,252 151,484
     

Race Distribution

Needham Massachusetts
Race: White 25,765 5,319,252
Race: American Indian, Eskimo, Aleut 3 13,856
Race: Asian or Pacific Islander 1,765 328,371
Race: Other 65 219,443
Race: Hawaiian / Pacific Islander 1 378
Race: Black 652 388,376
     

Hispanic Distribution

Needham Massachusetts
Population: Hispanic 484 535,768
Population: Not Hispanic 27,954 5,877,656
     

Education

Needham Massachusetts
Education: Less than 9th Grade 178 204,860
Education: Some High School 385 275,327
Education: High School Graduate 2,284 1,202,664
Education: Some College 2,245 681,691
Education: Associate Degree 1,363 345,603
Education: Bachelors Degree 6,007 949,827
Education: Graduate Degree 7,079 723,394
     

Marital Status

Needham Massachusetts
Never Married 4,915 1,604,017
Now Married 14,298 2,578,645
Separated 549 246,544
Widowed 1,791 361,655
Divorced 979 434,975
     

Households

Needham Massachusetts
Households 10,408 2,449,728
Average Household Size
     
Households: Family 7,425 1,566,993
Households: Non-Family 2,983 882,735
     
Households: With Children 3,881 812,615
Households: No Children 6,527 1,637,113
     

Housing Characteristics

Needham Massachusetts
Median Dwelling Age 45 44
Median Home Sale Price $586,250
Average household Income $147,338 $80,123
Median Value of Home Equity $308,406 $199,280
Median Mortgage Debt $747,105 $423,313
     

Home Ownership

Needham Massachusetts
Vacant Dwellings 562 263438
Owner-Occupied Dwellings 8641 1590112
Renter-Occupied Dwellings 1767 859616
     

Turnover

Needham Massachusetts
In Current Residence 5+ years 60 % 47 %
Annual Residential Turnover 10 % 14 %
     
Median Years in Residence 7.35 4.67
     

Income Characteristics

Needham Massachusetts
Median household income $109,917 $60,921
Average household Income $147,338 $80,123
Per capita income $55,548 $31,576
Median Disposable Income $84,140 $50,399
     

Income Growth

Needham Massachusetts
Change in Avg. Household Income Since 1990 81 % 65 %
Change in Avg. Household Income Since 2000 22 % 20 %
     

Household Income

Needham Massachusetts
Household Income: $0-$10,000 424 190,010
Household Income: $10,000-$15,000 149 99,325
Household Income: $15,000-$20,000 184 108,438
Household Income: $20,000-$25,000 178 107,918
Household Income: $25,000-$30,000 290 106,579
Household Income: $30,000-$35,000 279 100,352
Household Income: $35,000-$40,000 262 96,077
Household Income: $40,000-$45,000 251 104,845
Household Income: $45,000-$50,000 209 95,279
Household Income: $50,000-$60,000 572 200,934
Household Income: $60,000-$75,000 831 252,167
Household Income: $75,000-$100,000 1,139 341,457
Household Income: $100,000-$125,000 1,099 227,196
Household Income: $125,000-$150,000 952 138,986
Household Income: $150,000-$200,000 1,280 130,006
Household Income: $200,000-$250,000 620 46,678
Household Income: $250,000-$500,000 929 57,815
Household Income: $500,000+ 760 45,666
     

Median Income

Needham Massachusetts
Median Income: Age < 25 $55,000 $37,413
Median Income: Age 25-34 $115,482 $57,700
Median Income: Age 35-44 $136,680 $68,586
Median Income: Age 45-54 $134,345 $74,984
Median Income: Age 55-64 $112,611 $67,452
Median Income: Age 65-74 $88,704 $48,647
Median Income: Age 75+ $55,518 $36,007
     

Cost of Living Index

Needham Massachusetts
Total Household Expenditure 182 116
Contributions 231 121
Personal Insurance 215 119
Apparel 185 116
Education 227 122
Entertainment 186 116
Food And Beverages 171 114
Health Care 162 113
Household Furnishings And Equipment 193 118
Shelter 186 116
Household Operations 211 119
Miscellaneous Expenses 169 114
Personal Care 177 115
Reading 183 116
Tobacco 136 109
Transportation 171 114
Utilities 161 113
Gifts 214 120
     
Sales Tax Rate 5 %
     

Financial Characteristics

Needham Massachusetts
Median Household Net Worth $355,070 $174,042
Average Household Net Worth $1,068,377 $577,681
Median Value of Home Equity $308,406 $199,280
Median Mortgage Debt $747,105 $423,313
     

Net Worth

Needham Massachusetts
Net Worth: $0 or Less 836 266,712
Net Worth: $1-$5,000 917 300,600
Net Worth: $5,000-$10,000 536 159,594
Net Worth: $10,000-$25,000 1,111 289,089
Net Worth: $25,000-$50,000 1,348 321,160
Net Worth: $50,000-$100,000 1,805 404,216
Net Worth: $100,000-$250,000 2,357 487,761
Net Worth: $250,000-$500,000 1,046 198,374
Net Worth: Greater Than $500,000 658 113,300
     

Investments and Debt

Needham Massachusetts
Median Value of Transaction Accounts $52,625 $30,695
Median Value of Certificates of Deposit $11,500 $7,606
Median Value of Savings Bonds $1,677 $1,202
Median Value of Bonds (Not US Savings) $31,672 $14,465
Median Value of Stocks $94,291 $45,617
Median Value of Mutual Funds $71,288 $36,664
Median Value of Retirement Accounts $141,251 $79,765
Median Value of Cash Value Life Ins $12,341 $7,007
Median Value of Other Managed Accounts $34,088 $18,955
Median Value of Other Financial Assets $10,519 $5,376
Median Value of Any Financial Assets $461,252 $247,353
Median Value of Vehicles Owned $26,292 $19,387
Median Value of Investment Property Equity $86,158 $45,521
Median Value of Business Equity $60,819 $31,572
Median Value of Other Non-Financial Assets $253,127 $121,125
Median Value of Any Non-Financial Assets $12,303 $6,428
Median Installment Loan Debt $103,403 $69,630
Median Lines of Credit Debt $18,060 $9,189
Median Credit Card Debt $1,529 $792
Median Investment Real Estate Debt $11,183 $9,259
Median Other Debt $34,523 $17,674
Median Total Debts $410,262 $206,654
     

Occupation

Needham Massachusetts
     
Occupations: White Collar 18,699 2,857,747
Occupations: Blue Collar 3,984 660,023
     
Business Counts: Professional Specialty Occupations 4,399 657,653
Business Counts: Sales Professionals 564 94,612
Business Counts: Technologies and Technicians 1,082 138,338
Business Counts: Sales Workers and Clerks 1,776 284,015
Business Counts: Administrative Support 4,490 670,684
Business Counts: Technical, Sales and Administrative: Field Occupations 70 8,700
Business Counts: Private Household 0 121
Business Counts: Protective Services 283 57,083
Business Counts: Other Services: Site Based 2,362 445,600
Business Counts: Other Services: Field Based 168 23,847
Business Counts: Farming, Forestry, and Fishing 371 65,919
Business Counts: Precision, Craft, and Repair: Site Based 1,562 250,573
Business Counts: Construction, Repair and Mining: Field Based 533 105,008
Business Counts: Machine Operators, Assemblers and Inspectors 472 74,469
Business Counts: Transportation Materials Moving Workers 541 84,262
Business Counts: Handlers, Helpers and Laborers 505 79,792
     
Employees: Agricultural, Forestry, Fishing 201 27,532
Employees: Mining 12 1,986
Employees: Construction 737 140,751
Employees: Manufacturing 2,729 354,806
Employees: Transportation and Communications 2,963 134,962
Employees: Wholesale Trade 1,546 154,804
Employees: Retail Trade 2,643 684,372
Employees: Finance, Insurance and Real Estate 1,777 283,960
Employees: Services 9,755 1,566,459
Employees: Public Administration 320 168,138
     

Transportation & Commute

Needham Massachusetts
Median Travel Time to Work 26.45 22.21
Transportation to Work: Public 12 % 9 %
Transportation to Work: Drive / Carpool 78 % 83 %
Transportation to Work: Walk / Bike / Other 3 % 5 %
Transportation to Work: Work at Home 7 % 3 %
     

Crime Risk

Needham Massachusetts
Total Crime Risk 17 73
     
Personal Crime Risk 15 97
Murder Risk 4 39
Rape Risk 13 85
Robbery Risk 8 86
Assault Risk 20 106
     
Property Crime Risk 22 70
Burglary Risk 22 72
Larceny Risk 39 66
Motor Vehicle Theft Risk 11 90
     

Temperature & Rain

Needham Massachusetts
Average January High Temperature 33.8 35.21
Average January Low Temperature 18.1 17.07
Average July High Temperature 81.2 81.18
Average July Low Temperature 62 61.11
     
Annual Precipitation 51.22 46.68
     

Weather Risk Index

Needham Massachusetts
Weather Risk 109 96
Earthquake Risk 69 70
Hail Index 157 75
Hurricane Index 129 128
Tornado Index 69 56
Wind Index 154 115
     

Environmental Quality Index

Needham Massachusetts
Air Pollution Index 102 99
Ozone Index 94 101
Carbon Monoxide Index 97 94
Lead Index 108 103
NO2 Index 116 102
Particulate Matter Index 97 95
     
  
Data on community demographics, schools and recent sales provided by Onboard Informatics.
Copyright © 2009 Onboard Informatics Information is deemed reliable but not guaranteed.
Top 10 List
Highest Median Household Income
Zip
1
02492
$116,259
Median Value of Home Equity
Zip
1
02492
$317,457
Fastest Growing (change since 2000)
Zip
1
02492
-1 %
Longest Commute
Zip
1
02492
26.77
Data on community demographics, schools and recent sales provided by OnBoard LLC.
Copyright © 2009 OnBoard LLC. Information is deemed reliable but not guaranteed.

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