Needham, MA Profile: Facts & Data

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Needham, Massachusetts - Basic Facts

The Needham Census Designated Place had a population of 31,074 as of July 1, 2019. Needham ranks in the upper quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Massachusetts. See peer rankings below.

The primary coordinate point for Needham is located at latitude 42.2834 and longitude -71.2328 in Norfolk County. The formal boundaries for the Needham Census Designated Place encompass a land area of 12.29 sq. miles and a water area of 0.43 sq. miles. Norfolk County is in the Eastern time zone (GMT -5). The elevation is 174 feet.

The Needham Census Designated Place (GNIS ID: 2378176) has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

The Needham Census Designated Place is located within Town of Needham, a minor civil division (MCD) of Norfolk County.


Jump to... (On This Page!)
  1. Needham 2019 Demographic Data
  2. Growth Rates for Needham (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Massachusetts Research Tools (Easy Tools & Current Data)
  3. Massachusetts Data Comparison Tool - 2019 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


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Needham, MA Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Needham, MA Housing Affordability Index is 87
State of Massachusetts Housing Affordability Index is 87
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.

WEALTH INDEX

Needham, MA Wealth Index is 328
State of Massachusetts Wealth Index is 139
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

These new demographic attributes are availiable for Neighborhoods, Cities, Counties, and ZIP Codes.

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  3. The new 2-Minute Introduction and Concise Guide to Big Data which will help you make the most effective use of HomeTownLocator Tools.
  4. See the References & Data Sources page for more information about methodology and sources of data.
  5. See the Massachusetts COVID-19 Data and US COVID-19 Data for more information on the spread of the novel coronavirus.

POPULATION

Total Population 31,074
Population in Households 30,309
Population in Families 26,818
Population in Group Qrtrs 765
Population Density 2,527
Diversity Index1 30
 

INCOME

Median Household Income $161,188
Average Household Income $221,657
Per Capita Income $78,489
Wealth Index3 328

HOUSING

Total Housing Units 11,758 (100%)
Owner Occupied HU 8,964 (76.2%)
Renter Occupied HU 2,033 (17.3%)
Vacant Housing Units 761 ( 6.5%)
Median Home Value $892,054
Housing Affordability Index2 87
 

HOUSEHOLDS

Total Households 10,997
Average Household Size 2.76
Family Households 8,251
Average Family Size 3
NOTES
  1. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  2. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  3. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population 0.79% 1.21%
Households 0.67% 1.16%
Families 0.62% 1.14%
Median Household Income   0.85%
Per Capita Income   1.31%

Needham, MA - Peer Comparisons by Rank and Percentile

The table below compares Needham to the other 246 incorporated cities, towns and CDPs in Massachusetts by rank and percentile using July 1, 2019 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 45 82nd
Population Density # 60 76th
Diversity Index # 98 61st
Median Household Income # 7 98th
Per Capita Income # 8 97th

Additional comparisons and rankings can be made with a VERY EASY TO USE Massachusetts Census Data Comparison Tool.

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