Boston, Massachusetts

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2022 5-Year Estimates
665,945
Population
$89,212
Median Income
$684,900
Home Value
32.9
Median Age

Demographics

Boston has a population of 665,945 with a median age of 32.9. Here is the racial and ethnic breakdown of the population:

White
48.6%
Black
22.5%
Hispanic
19.6%
Asian
9.7%
Demographic Value
Total Population665,945
Median Age32.9
White48.6%
Black or African American22.5%
Asian9.7%
Hispanic or Latino19.6%

Income & Economy

The median household income in Boston is $89,212, which is 18.7% above the national median of $75,149. The per capita income is $55,949. The poverty rate is 17.5%.

$89,212
Median Household Income
$55,949
Per Capita Income
17.5%
Poverty Rate

Employment

The unemployment rate in Boston is 6.6%, compared to the national rate of 5.4%.

Education

In Boston, 88.4% of residents age 25+ have a high school diploma or higher, and 53.4% hold a bachelor's degree or higher (25.1% with a graduate or professional degree).

HS Diploma+
88.4%
Bachelor's+
53.4%
Graduate+
25.1%
Education Level % of Adults (25+)
High School Diploma or Higher88.4%
Bachelor's Degree or Higher53.4%
Graduate or Professional Degree25.1%

Housing

The median home value in Boston is $684,900, above the national median of $281,900. The median monthly rent is $1,981. The homeownership rate is 34.8%.

$684,900
Median Home Value
$1,981/mo
Median Rent
34.8%
Homeownership Rate
Housing Metric Value
Median Home Value$684,900
Median Monthly Rent$1,981
Homeownership Rate34.8%
Vacancy Rate9.2%

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Frequently Asked Questions

What is the population of Boston, Massachusetts?
The population of Boston, Massachusetts is 665,945 according to U.S. Census Bureau ACS 2022 5-Year Estimates.
What is the median household income in Boston, Massachusetts?
The median household income in Boston, Massachusetts is $89,212. This is 18.7% above the national median of $75,149.
What is the median home value in Boston, Massachusetts?
The median home value in Boston, Massachusetts is $684,900. The median monthly rent is $1,981.
What percentage of people in Boston have a college degree?
In Boston, Massachusetts, 53.4% of adults age 25 and older hold a bachelor's degree or higher, and 88.4% have a high school diploma or higher.
Is Boston, Massachusetts an affordable place to live?
The home price-to-income ratio in Boston, Massachusetts is 7.7x (median home value $684,900 vs. median income $89,212), making it relatively expensive by that measure. A ratio under 4.0 is generally considered affordable.

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