Needham, Massachusetts Housing

Needham, Massachusetts has a population of 33,200, with a median household income of $94,000.

Current housing data for Needham.

$520,000

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Population

33,200

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Median Income

$94,000

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Unemployment

4.70%

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Housing Price

$520,000

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Crime Rate

3.50

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Internet Speed

250.00 Mbps

Needham is a smaller urban community located in Massachusetts. The city has a population that is above the average city population in Massachusetts, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Needham, located in Massachusetts, is a city that reflects important demographic and economic patterns within the region.

Population Overview

Needham has a population of 33,200, which is higher than the state average. This indicates a relatively larger urban presence within Massachusetts.

Income and Economy

The median household income in Needham is $94,000, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Needham is about $520,000, making it relatively affordable compared to many cities in Massachusetts.

Employment and Safety

The unemployment rate in Needham is 4.70%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Needham are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in Massachusetts, Needham shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Overall, Needham offers a balanced mix of economic conditions, population trends, and housing opportunities within Massachusetts.

Frequently Asked Questions about Needham

What is the population of Needham?

The population of Needham is approximately 33,200.

Is Needham a good place to live?

Needham offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Needham?

The median household income in Needham is around $94,000.

How expensive is housing in Needham?

The average housing price in Needham is approximately $520,000.