What Is The Average Income In Chelmsford Massachusetts?

Table

Population
Income & Poverty
Median household income (in 2020 dollars), 2016-2020 $117,582
Per capita income in past 12 months (in 2020 dollars), 2016-2020 $51,458
Persons in poverty, percent  4.3%

What is the average individual income in Massachusetts?

All data is from the 2009–2013 American Community Survey 5-Year Estimates.
Counties.

County United States
Per capita income $28,155
Median household income $53,046
Median family income $64,719

Is Chelmsford MA a good place to live?

Chelmsford is a great town to raise a family, with solid schools and a great culture on the field and in the classroom. Plus, the town’s proximity to Boston makes it an optimal place to live. Chelmsford is a very close-knit community that is perfect for raising a family.

What is Chelmsford MA famous for?

Chelmsford was the birthplace of the Chelmsford Spring Co. in 1901, which later became the Chelmsford Ginger Ale Company, acquired by Canada Dry in 1928. The ginger ale plant, rebuilt in 1912 after a disastrous fire consumed the original plant, stood on Route 110 until its demolition in 1994.

What is the population in Chelmsford?

Total resident population (rounded) (from 2015 to 2020) for Chelmsford

Period Total population (rounded)
People
2018 177,100 6,219,678
2019 178,400 6,254,100
2020 179,500 6,283,367

What is the richest town in Mass?

Dover is one of the wealthiest towns in Massachusetts. Located in Norfolk county, Dover has a population of 5,923. Home to some of the most affluent residents of Massachusetts, Dover has a median household income of over $250,000.
1. Dover, MA.

Median Household Income $250,000+
Median Home Value $1,008,600

What is considered middle class in Massachusetts?

Range of household incomes needed to be considered middle class, by family size

State Single Couple
Maryland $28,572 – $85,717 $40,407 – $121,222
Massachusetts $28,129 – $84,386 $39,780 – $119,340
Michigan $24,345 – $73,035 $34,429 – $103,288
Minnesota $25,441 – $76,323 $35,979 – $107,937

Is it expensive to live in Chelmsford?

The average cost of living in Chelmsford is $1744, which is in the top 23% of the most expensive cities in the world, ranked 2105th out of 9294 in our global list, 33rd out of 277 in the United Kingdom, and 29th out of 231 in England.

What is the nicest part of Chelmsford?

There are lots of towns and villages dotted in and around Chelmsford, adding to its desirable appeal. These include East Hanningfield, Tillingham, Battlesbridge, Bickacre, Great Leighs and Hanfield Peveral. With fascinating histories, beautiful homes and plenty of amenities, all of these areas are great places to live.

Where do millionaires live in MA?

While much of the state’s most expensive properties are set in Boston, many of the most affluent of Massachusetts’ residents live outside the city in smaller towns like Dover, Sherborn and Carlisle. One such town, Weston, is the wealthiest.

Is Chelmsford an affluent area?

There are 25 LSOAs in the top 10% most affluent areas. The distribution would suggest that there are many affluent areas of Chelmsford but few that are relatively deprived. Chelmsford is ranked 256 out of 326 local authorities in England on overall deprivation (where 1 is the highest level of deprivation).

What is the smell in Chelmsford?

What is the smell caused by? The stench is caused by slurry, which is a mixture of manure, cement or coal, suspended in water.

What are the best areas of Chelmsford to live?

Areas to the south of Chelmsford city centre include Galleyend, Galleywood, Great Seabrights, Moulsham and Widford. Moulsham, which includes Old Moulsham and Moulsham Lodge, is one of Chelmsford’s largest and most popular residential suburbs.

What are people from Chelmsford called?

The population of the urban area was 111,511 in the 2011 Census, while the wider district has 168,310. The demonym for a Chelmsford resident is “Chelmsfordian“.

Is Chelmsford a good place to buy property?

Chelmsford’s location has long been lauded by home buyers and renters alike. After all, with London a mere 30 minutes away by train but sales and renting prices distinctly lower than the capital, there is big demand for all kinds of property from both buyers and renters.

Why is Chelmsford a good place to live?

Chelmsford offers locals a range of outstanding property types, some outstanding schools and some very good nights out. If you are hoping to live in Chelmsford and have found your dream home, we are here to help you get moving.

What is a good salary in Massachusetts?

Most salaries in Massachusetts range between $47,062 (25th percentile) to $82,589 (75th percentile) annually. Of course, salaries will vary depending on yor occupation, experience, and many other factors.

What is considered wealthy in Massachusetts?

For example, in Massachusetts, where only households earning at least $171,600 are in the top 20%, goods and services are about 10% more expensive than they are on average nationwide, according to RPP data from the Bureau of Economic Analysis.

What is considered high income in Massachusetts?

Average Household Income: $115,964. Per Capita Income: $45,555. 14.3% of Households in Massachusetts are High Income Households that make over $200,000 a year.
Median Household Income in Massachusetts by Age of Householder.

Massachusetts
Householder 45 to 64 years $103,973
Householder 65 years and over $52,973

What salary is considered rich for a single person?

With a $500,000+ income, you are considered rich, wherever you live! According to the IRS, any household who makes over $500,000 a year in 2022 is considered a top 1% income earner. Of course, some parts of the country require a higher income level to be in the top 1% income, e.g. Connecticut at $580,000.

What salary is upper class?

Based on Pew’s analysis, a household of three would need an income of $156,600 to meet the definition of upper class, which it defines as household incomes more than double the national median.