Last updated: 2024 BLS data · Page refreshed:
Needham has a population of 32,459 with a median age of 43.1. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 32,459 |
| Median Age | 43.1 |
| White | 81.3% |
| Black or African American | 1.5% |
| Asian | 9.9% |
| Hispanic or Latino | 3.6% |
| Other / Two or More Races | 3.7% |
The median household income in Needham is $214,308, which is 165.9% above the national median of $80,610. The per capita income is $102,328. The poverty rate is 3.7%.
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In Needham, 97.7% of residents age 25+ have a high school diploma or higher, and 81.9% hold a bachelor's degree or higher (49.3% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 97.7% |
| Bachelor's Degree or Higher | 81.9% |
| Graduate or Professional Degree | 49.3% |
The median home value in Needham is $1,188,500, above the national median of $303,400. The median monthly rent is $2,409. The homeownership rate is 83.1%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $1,188,500 |
| Median Monthly Rent | $2,409 |
| Homeownership Rate | 83.1% |
| Vacancy Rate | 2.9% |
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