Financial Self-Sufficiency
Median Household Income


Median Household Income

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What does this measure?

Median household income, in 2018 dollars. Half of incomes are below the median and half are above.

Why is this important?

Median household income is a gauge of the overall economic health of the region and the financial resources of households.

How is our county doing?

In 2014-18, the median household income in Essex County was $75,900, a 5% increase from $72,600 in 2009-13 and a 2% decline from $77,700 in 2000 (after inflation). The state had a similar median household income at $77,400 and the nation was substantially lower, at $60,300. Essex County's decline since 2000 compares with slight changes at the state level and a 5% decline at the national level.

Within Essex County, Boxford had the highest median income, at $174,300, followed by Andover, at $148,100. Lawrence had the lowest median income by far, at $41,600, followed by Lynn, at $54,600. Hamilton had the largest percentage increase in Essex County since 2000, rising 23%, from $108,500 to $133,300.

How do we compare to similar counties?

Essex County had the lowest median household income among the comparison counties, as Lake, IL was at $86,200, Middlesex, MA was at $97,000, and Westchester, NY was at $92,800 in 2014-18. The decline in Essex County since 2000 was smaller than the 15% drop in Lake and similar to a 3% drop in Westchester, while Middlesex had an increase of 6%.

Notes about the data

Figures are in constant 2018 dollars. The multiyear figures are from the Census Bureau's American Community Survey. The bureau combined 5 years of responses to the survey to provide estimates for smaller geographic areas and increase the precision of its estimates. However, because the information came from a survey, the samples responding to the survey were not always large enough to produce reliable results, especially in small geographic areas. CGR has noted on data tables the estimates with relatively large margins of error. Estimates with 3 asterisks have the largest margins, plus or minus 50% or more of the estimate. Two asterisks mean plus or minus 35%-50%, and one asterisk means plus or minus 20%-35%. For all estimates, the confidence level is 90%, meaning there is 90% probability the true value (if the whole population were surveyed) would be within the margin of error (or confidence interval). The survey provides data on characteristics of the population that used to be collected only during the decennial census. Data for this indicator are released annually in December.

Median Household Income
20002009-132014-18
Essex County, MA$77,738$72,555$75,878
Amesbury$84,601$80,721
Beverly$81,367$76,061$79,483
Gloucester$71,929$66,237$65,377
Haverhill$75,111$65,137$67,579
Lawrence$42,177$35,410$41,583
Lynn$56,317$48,343$54,598
Methuen$74,800$72,819$74,912
Newburyport$88,260$84,765$103,220
Peabody$82,641$69,365$68,387
Salem$66,369$60,126$65,565
Andover$132,160$121,460$148,125
Boxford$170,638$135,637$174,340
Danvers$88,594$85,670$84,842
Essex$89,762$79,993*$113,469
Georgetown$114,942$116,172$128,885
Groveland$104,252$105,056$97,109*
Hamilton$108,522$114,113$133,333
Ipswich$86,341$83,093$90,557
Lynnfield$121,523$119,627$132,632
Manchester$110,733$124,660$124,025
Marblehead$111,488$106,065$115,511
Merrimac$88,463$85,611$83,508*
Middleton$122,682$112,367$102,604*
Nahant$96,542$72,181$90,741
Newbury$112,796$98,821$93,000
North Andover$109,619$103,482$109,371
Rockport$76,359$71,575$81,681
Rowley$93,645$89,722$114,063
Salisbury$74,322$77,751$78,112
Saugus$83,352$82,287$80,341
Swampscott$107,149$99,446$113,422
Topsfield$145,344$120,398$136,812
Wenham$136,442$137,548$109,712*
West Newbury$139,915$120,351*$138,403*
Middlesex County, MA$91,672$88,486$97,012
Lake County, IL$100,945$83,505$86,244
Westchester County, NY$95,834$88,331$92,758
Massachusetts$76,119$72,076$77,378

Source: U.S. Census Bureau
Notes: Figures are in constant 2018 dollars. Multiyear results are from rolling American Community Survey. * Margin of error between 20% & 35% of estimate; ** margin of error between 35% & 50%; *** margin of error greater than 50%.








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