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Needham, Massachusetts Demographics & Population 2026

During the 2020–2024 ACS period, Needham, Massachusetts had a total population of 32,459, the 46th largest community in Massachusetts, with a median household income of $214,308, which is 106% higher than the state average. The poverty rate is 3.7%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Needham Quick Facts

Population 32,459
Median Household Income $214,308
Median Home Value $1,188,500
Poverty Rate 3.7%
Unemployment Rate 4.4%
Median Age 43.1 years
Homeownership Rate 83.1%
Affordability Ratio 5.5x
Bachelor's Degree or Higher 81.9%
High School Graduation Rate 97.7%
Diversity Index 33/100
Population 32,459 46th of 248
Median Income $214,308 top 10%
Poverty Rate 3.7% 71% lower than national
Median Home Value $1,188,500 top 10%

How Needham Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population32,05932,459+1.2%
Median household income$212,241$214,308+1.0%
Median home value$1,146,000$1,188,500+3.7%

How Needham Compares

Economy & Housing

Household Income Distribution

Under $25K 6.8%
$25K-$50K 7.2%
$50K-$100K 11.3%
$100K+ 74.7%
Detailed income brackets
Under $10K
3.2%
$10K-$15K
1.5%
$15K-$20K
1.1%
$20K-$25K
1.0%
$25K-$30K
1.3%
$30K-$35K
1.2%
$35K-$40K
1.6%
$40K-$45K
2.0%
$45K-$50K
1.1%
$50K-$60K
2.2%
$60K-$75K
3.9%
$75K-$100K
5.1%
$100K-$125K
7.1%
$125K-$150K
6.2%
$150K-$200K
8.8%
$200K+
52.6%

Employment

4.4% Unemployment Rate State: 5.1%|National: 5.2%
67.8% Labor Force Participation

Housing Overview

Owner 83.1%
Renter 16.9%
Affordability Index Expensive
5.5x home value to income ratio
Median gross rent $2,409/mo 13.5% of median household income annually

People & Demographics

Diversity Index

33out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 53 | National average: 61

Education

Needham Rankings in Massachusetts

#46 Population of 248
#8 Median Income of 241
#5 Education of 248
#14 Home Value of 242

Other Cities in Norfolk County

CityPopulationMedian IncomePovertyHome Value
Quincy 102,114 $98,882 10.6% $618,500
Brookline 63,266 $142,101 8.7% $1,246,800
Weymouth Town 58,505 $102,714 7.7% $552,100
Braintree Town 38,899 $122,214 5.9% $656,800
Randolph Town 34,878 $109,573 8.4% $496,400
Franklin Town 33,154 $145,773 5.9% $611,700
Norwood 31,542 $107,030 8.8% $651,700
Wellesley 30,347 $250,000+ 4.0% $1,582,700
Milton 28,587 $188,529 4.7% $933,200
Dedham 25,237 $128,955 5.6% $661,800

Cities Similar to Needham

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Lexington34,295$238,444$1,203,10084.3%4.7%
Wellesley30,347$250,000+$1,582,70089.0%4.0%
Milton28,587$188,529$933,20072.0%4.7%
Franklin Town33,154$145,773$611,70058.1%5.9%
Belmont27,175$183,137$1,159,00080.9%3.6%

Population Overview

Needham is a mid-sized community located in Massachusetts, within Norfolk County. The total population is 32,459. It ranks as the 46th most populous out of 248 Census-designated places in Massachusetts.

Age Demographics

The median age in Needham is 43.1 years. This is 8% higher than the state median of 40.0 years.

Economy, Income & Housing

The median household income in Needham is $214,308. This is 106% higher than the state median of $103,960. It is also 165% higher than the national median of $80,734. The poverty rate stands at 3.7%. This is 63% lower than the state poverty rate of 10.0%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 4.4%. This is 15% lower than the state rate of 5.1%. The median home value is $1,188,500. Housing costs are 111% higher than the state median of $562,100. The home-value-to-income ratio is 5.5x. 83.1% of occupied housing units are owner-occupied. This homeownership rate is 33% higher than the state average of 62.5%.

Race & Ethnicity

The largest racial or ethnic group in Needham is White (non-Hispanic), making up 80.8% of the population. Asian residents account for 9.9%. The Black or African American population (1.5%) is well below the state average of 6.4%. The Hispanic or Latino population (3.6%) is well below the state average of 13.3%.

Education

81.9% of residents aged 25 and older hold a bachelor's degree or higher. This places Needham in the top 10% of all cities in the state for educational attainment. This is 73% higher than the state rate of 47.3%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 97.7%. Notably, 49.3% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Needham, Massachusetts is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Massachusetts state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 248 Census-designated places in Massachusetts. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Needham, Massachusetts?

Needham, Massachusetts has a population of 32,459 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Needham, MA?

The median household income in Needham is $214,308, which is 165% higher than the national median of $80,734.

What is the poverty rate in Needham, MA?

The poverty rate in Needham is 3.7%. This means approximately 1,160 residents live below the federal poverty line.

What is the racial makeup of Needham, Massachusetts?

Needham's population is 80.8% White, 1.5% Black, 3.6% Hispanic/Latino, and 9.9% Asian.

What is the median home value in Needham, MA?

The median home value in Needham is $1,188,500. The home-value-to-income ratio is 5.5x.

How educated is Needham, Massachusetts?

81.9% of adults (25+) in Needham hold a bachelor's degree or higher, and 49.3% hold a graduate or professional degree.