These Are The 10 Richest Cities In Massachusetts


We analyzed over 117 places in Massachusetts to determine where the 1% live.

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Sharon, Needham, Lynnfield: These cities aren’t just some of the best places to live in Massachusetts. They are also home to some of the richest people in the Bay State.

Sharon in particular houses the richest residents in the state thanks, in part, to a median household income of $126,205 and a ridiculously low poverty rate of 2.5%.

If you’re thinking of moving to one of these towns, you’ll probably need to start saving. The richest places in Massachusetts share common characteristics such as having a genius level populous, sky high home prices, and a Pleasantville level of married couples.

After analyzing Census data from the 2010-2014 American Community Survey for the 117 places in Massachusetts with more than 5,000 people, we were left with this set of the ten richest places in the Bay State:

  1. Sharon
  2. Needham
  3. Lynnfield
  4. Winchester
  5. Reading
  6. Longmeadow
  7. Wellesley
  8. Milton
  9. Melrose
  10. Hingham

For more on how we calculated the top ten, read on or skip to the end for the full list. Oh, and the poorest place in Massachusetts? That would be Springfield.

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How We Determined The Richest Places In Massachusetts

The first thing that comes to most people’s minds when they think about determining the richest places is simply how much people earn. After all, rich people have really high salaries.

However, we don’t think that one statistic wholly encompasses what it means to be one of the “richest places”. So we looked at this set of criteria from the 2010-2014 American Community Survey:

  • Poverty Level
  • Median Household Income
  • Unemployment Rate

Median household income is the most digestible way to understand how rich a place really is. The unemployment rate tries to capture the prospects for more people to become rich. If more people are employed, the richer the future looks.

After we collected the data for all 117 places with more than 5,000 people in Massachusetts, we ranked each place from 1 to 117 for each of the criteria, with 1 being the richest.

We then averaged all the rankings for a place into a “Rich Score” with the place having the lowest overall Rich Score, Sharon, crowned the “Richest Place In Massachusetts”.

You can learn more about the top ten below or skip to the end to see the rankings for all 117 places.

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1. Sharon

Sharon, Massachusetts

Source: Sharon City Center Wikipedia.

Population: 6,010
Median Income: 12620500.0%
Poverty Level: 2.5%
Unemployment Rate: 3.9%

2. Needham

Needham, Massachusetts

Source: Needham Town Hall. Wikipedia

Population: 29,540
Median Income: 12915400.0%
Poverty Level: 2.4%
Unemployment Rate: 5.0%

3. Lynnfield


Population: 12,058
Median Income: 11481600.0%
Poverty Level: 1.5%
Unemployment Rate: 5.5%

4. Winchester

Winchester, Massachusetts

Source: The Town Of Winchester. Wikipedia

Population: 21,863
Median Income: 14182900.0%
Poverty Level: 3.3%
Unemployment Rate: 5.4%

5. Reading


Population: 25,176
Median Income: 10391300.0%
Poverty Level: 1.7%
Unemployment Rate: 5.4%

6. Longmeadow


Population: 15,858
Median Income: 10883500.0%
Poverty Level: 3.4%
Unemployment Rate: 5.2%

7. Wellesley

Wellesley, Massachusetts

Source: Wellesley Ma

Population: 28,858
Median Income: 15961500.0%
Poverty Level: 3.8%
Unemployment Rate: 5.7%

8. Milton


Population: 27,204
Median Income: 11308700.0%
Poverty Level: 3.6%
Unemployment Rate: 5.6%

9. Melrose

Melrose, Massachusetts

Source: Wikipedia

Population: 27,509
Median Income: 8640900.0%
Poverty Level: 2.7%
Unemployment Rate: 4.8%

10. Hingham


Population: 5,199
Median Income: 11024500.0%
Poverty Level: 3.8%
Unemployment Rate: 5.9%

There You Have It – The Richest Places In Massachusetts

Like we said earlier, when we set out to identify the richest places in Massachusetts, we weren’t sure what we’d encounter, but it ended up being some of the best places to live in Massachusetts. When you look at the data, the cities and places mentioned above meet the criteria for being at the very top of the income ladder for everyone that lives there.

If you’re curious enough, here are the poorest cities in MA, according to data:

Poorest: Springfield
2nd Poorest: Fall River
3rd Poorest: Holyoke
For more Massachusetts reading , check out:

Detailed List Of Richest Places In Massachusetts

City Rank Population Median Income Poverty Level Unemployment Rate
Sharon 1 6,010 $126,205 2.5% 3.9%
Needham 2 29,540 $129,154 2.4% 5.0%
Lynnfield 3 12,058 $114,816 1.5% 5.5%
Winchester 4 21,863 $141,829 3.3% 5.4%
Reading 5 25,176 $103,913 1.7% 5.4%
Longmeadow 6 15,858 $108,835 3.4% 5.2%
Wellesley 7 28,858 $159,615 3.8% 5.7%
Milton 8 27,204 $113,087 3.6% 5.6%
Melrose 9 27,509 $86,409 2.7% 4.8%
Hingham 10 5,199 $110,245 3.8% 5.9%
Lexington 11 32,306 $137,456 4.4% 6.0%
West Concord 12 7,085 $116,250 6.6% 3.7%
Walpole 13 5,910 $81,746 3.8% 4.1%
Newton 14 86,945 $118,639 5.0% 5.7%
Belmont 15 25,173 $105,859 5.5% 4.9%
Northborough 16 6,613 $92,942 2.2% 6.3%
Marblehead 17 20,163 $100,709 5.2% 5.0%
Scituate 18 5,623 $89,258 3.8% 5.8%
Swampscott 19 13,912 $96,494 4.6% 5.6%
Arlington 20 43,728 $92,338 4.3% 5.9%
Oxford 21 6,525 $68,304 2.2% 5.2%
Wilmington 22 22,907 $100,536 1.8% 7.2%
Franklin Town 23 32,393 $101,980 3.6% 6.9%
Pinehurst 24 7,452 $104,205 5.6% 6.1%
Cochituate 25 6,637 $117,303 4.7% 7.1%
Dedham 26 25,111 $85,558 4.1% 6.8%
Nantucket 27 7,787 $86,138 9.3% 2.2%
Stoneham 28 21,611 $76,218 4.8% 5.9%
Wakefield 29 25,835 $85,156 4.7% 6.6%
Bellingham 30 5,055 $73,768 0.1% 7.1%
Foxborough 31 5,013 $63,850 5.6% 3.2%
Abington 32 16,081 $81,500 3.0% 8.1%
Burlington 33 25,190 $95,465 4.8% 7.8%
Amesbury Town 34 16,554 $76,463 4.6% 6.9%
Braintree Town 35 36,543 $87,500 4.1% 8.3%
Norwood 36 28,844 $79,963 7.3% 6.3%
Kingston 37 6,103 $76,833 3.2% 8.6%
Woburn 38 38,826 $77,883 5.1% 7.0%
Medfield 39 5,964 $115,213 5.8% 8.9%
Hull 40 10,324 $77,440 7.0% 6.6%
Brookline 41 59,016 $93,640 14.1% 5.6%
Watertown Town 42 32,880 $86,461 6.7% 7.7%
Bliss Corner 43 5,908 $47,283 2.6% 5.9%
Danvers 44 27,075 $77,404 4.9% 7.9%
Saugus 45 27,369 $76,141 4.2% 8.8%
Maynard 46 10,314 $79,252 9.4% 6.6%
Whitinsville 47 6,478 $65,714 5.3% 6.9%
West Yarmouth 48 5,882 $58,153 7.5% 5.1%
Andover 49 8,953 $74,185 8.6% 6.4%
Peabody 50 51,868 $62,234 6.8% 6.1%
Mansfield Center 51 7,861 $73,664 4.9% 8.1%
Hudson 52 15,212 $66,334 7.2% 6.5%
Marlborough 53 39,141 $71,424 7.2% 6.9%
Medford 54 56,981 $77,868 10.2% 6.7%
Newburyport 55 17,662 $83,149 7.3% 8.7%
Beverly 56 40,370 $73,980 8.4% 7.0%
Waltham 57 61,908 $73,162 10.7% 6.3%
Cambridge 58 106,844 $75,909 15.1% 5.8%
Easthampton Town 59 16,066 $56,927 8.0% 6.1%
Framingham 60 69,900 $68,881 10.5% 6.9%
Holbrook 61 10,925 $63,297 6.3% 8.1%
Methuen Town 62 48,159 $68,587 7.5% 8.0%
Agawam Town 63 28,626 $63,561 8.6% 7.0%
Weymouth Town 64 54,815 $69,099 6.3% 9.4%
Ocean Bluff-Brant Rock 65 5,198 $68,772 6.6% 10.0%
Somerset 66 18,262 $72,558 6.7% 10.3%
Somerville 67 77,560 $66,866 14.6% 6.5%
Attleboro 68 43,774 $65,141 8.3% 8.8%
Milford 69 25,422 $63,129 10.1% 7.3%
Winthrop Town 70 17,992 $64,169 8.4% 8.9%
Quincy 71 92,920 $62,710 8.9% 9.4%
Barnstable Town 72 44,750 $58,933 12.8% 7.7%
Gloucester 73 29,237 $60,229 9.1% 10.0%
Westfield 74 41,371 $60,845 9.5% 9.5%
Haverhill 75 61,769 $61,208 10.7% 9.1%
South Yarmouth 76 11,482 $50,673 10.4% 8.6%
Northampton 77 28,637 $58,179 15.4% 7.8%
Plymouth 78 7,567 $50,193 13.6% 7.9%
Greenfield Town 79 17,484 $48,493 14.0% 7.4%
Leominster 80 40,954 $59,263 11.5% 10.1%
Randolph 81 33,135 $63,259 8.5% 14.6%
Clinton 82 7,488 $54,825 12.1% 9.4%
Salem 83 42,321 $59,044 13.0% 9.5%
East Falmouth 84 5,818 $59,236 9.9% 11.5%
Adams 85 5,460 $41,483 9.8% 9.3%
West Springfield Town 86 28,554 $52,806 10.4% 10.5%
Taunton 87 56,056 $52,225 11.8% 10.4%
Everett 88 42,758 $51,056 12.9% 10.1%
Palmer Town 89 12,155 $51,846 11.2% 10.6%
North Amherst 90 7,517 $35,641 49.1% 6.3%
Chicopee 91 55,603 $47,276 12.1% 10.1%
Revere 92 53,258 $50,900 14.0% 10.4%
Middleborough Center 93 7,432 $60,076 14.1% 12.9%
Boston 94 639,594 $54,485 20.3% 10.0%
Malden 95 60,309 $55,523 15.4% 11.0%
Ware 96 5,816 $38,894 16.1% 8.9%
Bridgewater 97 8,374 $54,779 21.0% 10.9%
Pittsfield 98 44,226 $43,489 15.4% 10.8%
Spencer 99 5,670 $43,500 12.4% 13.2%
Gardner 100 20,279 $46,589 15.3% 11.3%
Lynn 101 91,289 $47,195 16.8% 10.9%
Southbridge Town 102 16,775 $42,376 16.5% 10.4%
South Amherst 103 5,267 $56,250 42.0% 11.3%
Lowell 104 108,491 $49,164 17.3% 11.5%
Chelsea 105 37,084 $48,725 18.1% 11.2%
Worcester 106 182,511 $46,105 20.2% 10.5%
Brockton 107 94,267 $48,569 15.5% 13.6%
Fitchburg 108 40,419 $46,628 18.1% 12.5%
Webster 109 12,135 $43,704 17.0% 13.2%
North Adams 110 13,563 $37,654 17.7% 11.7%
New Bedford 111 94,873 $36,813 21.3% 12.2%
Amherst Center 112 19,543 $37,089 46.2% 12.5%
Athol 113 8,340 $41,956 22.2% 17.6%
Lawrence 114 77,364 $34,496 23.9% 13.5%
Holyoke 115 40,079 $35,550 26.2% 14.4%
Fall River 116 88,756 $33,763 21.3% 15.0%
Springfield 117 153,836 $34,731 26.5% 15.4%

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