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Needham, MA&

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1.05% growth
Median Age
Median Household Income
5.48% growth
Poverty Rate
Number of Employees
1.18% decline
Median Property Value
5.19% growth

About the photo: Lake Waban in Wellesley, MA


The economy of Needham, MA employs 14,644 people. The economy of Needham, MA is specialized in Professional, Scientific, Tech Services; Finance & Insurance; and Real Estate, Rental & Leasing, which employ respectively 2.4; 2.17; and 1.82 times more people than what would be expected in a location of this size. The largest industries in Needham, MA are Healthcare & Social Assistance (2,515), Professional, Scientific, Tech Services (2,509), and Educational Services (2,110), and the highest paying industries are Finance & Insurance ($108,819), Professional, Scientific, Tech Services ($104,000), and Healthcare & Social Assistance ($72,574).

Median household income in Needham, MA is $139,477. Males in Needham, MA have an average income that is 1.88 times higher than the average income of females, which is $103,333. The income inequality of Needham, MA (measured using the Gini index) is 0.539 which is higher than the national average.


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Health & Safety

Insurance and Medicare coverage combined with state and county level health and safety statistics for Needham, MA. In Norfolk County, MA the age groups most likely to have health care coverage are 6-17 and 45-54, men and women, respectively. The location has a 1 to 128 primary care clinician to patient ratio and a Medicare reimbursement average per patient per year of $9,518. Suffolk County, MA has the highest prevalence of homicides of any county in Massachusetts.


Clinician to Patient Rates

The closest comparable data for the census place of Needham, MA is from the county of Norfolk County, MA.

Insurance Coverage by Age and Gender

Medicare Enrollment and Reimbursements by Location

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Needham, MA is home to a population of 30,167 people, from which 96.8% are citizens. The ethnic composition of the population of Needham, MA is composed of 25,567 White residents (84.8%), 2,485 Asian residents (8.24%), 844 Hispanic residents (2.8%), 714 Two+ residents (2.37%), and 557 Black residents (1.85%). The most common foreign languages in Needham, MA are Chinese (770 speakers), Russian (726 speakers), and Spanish (549 speakers), but compared to other places, Needham, MA has a relative high number of Scandinavian (166 speakers), Russian (726 speakers), and Persian (252 speakers).


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In 2015 universities in Needham, MA awarded 81 degrees. The student population of Needham, MA is skewed towards females, with 38 male students and 43 female students. Most students in Needham, MA are White (47 and 58%), followed by Unknown (12 and 14.8%), Asian (12 and 14.8%), and Two or more races (3 and 3.7%). The largest universities in Needham, MA by number of graduates are Franklin W Olin College of Engineering (81 and 100%), N/A (N/A and N/A), and N/A (N/A and N/A). The most popular majors in Needham, MA are General Engineering (38 and 46.9%), Mechanical Engineering (26 and 32.1%), and Electrical & Electronics Engineering (17 and 21%). The median tuition costs in Needham, MA are N/A for private four year colleges, and $46,800 and $46,800 respectively, for public four year colleges for in-state students and out-of-state students.



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Housing & Living

The median property value in Needham, MA is $719,600, which is 3.51 times larger than the national average of $205,000. Between 2015 and 2016 the median property value increased from $684,100 to $719,600, a 5.19% increase. The homeownership rate of Needham, MA is 83.4%, which is higher than the national average of 63.6%. People in Needham, MA have an average commute time of 27.8 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.


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Keep Exploring

United States
Norfolk County, MA
Boston-Cambridge-Newton, MA-NH Metro Area
metropolitan statistical area
Norfolk (Northeast) & Middlesex (Southeast) Counties (West of Boston City) PUMA
public use microdata area
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