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Wellesley, Massachusetts

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
30,347
Population
$250,001
Median Income
$1,582,700
Home Value
37.1
Median Age

Demographics

Wellesley has a population of 30,347 with a median age of 37.1. Here is the racial and ethnic breakdown of the population:

White
69.7%
Asian
15.9%
Hispanic
7.4%
Other
4.8%
Black
2.2%
Demographic Value
Total Population30,347
Median Age37.1
White69.7%
Black or African American2.2%
Asian15.9%
Hispanic or Latino7.4%
Other / Two or More Races4.8%
Wellesley, Massachusetts — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 69.7%Asian: 15.9%Hispanic/Latino: 7.4%Other: 4.8%Black: 2.2%30,347PopulationWhiteWhite69.7%AsianAsian15.9%Hispanic/LatinoHispanic/Latino7.4%OtherOther4.8%BlackBlack2.2%

Income & Economy

The median household income in Wellesley is $250,001, which is 210.1% above the national median of $80,610. The per capita income is $111,798. The poverty rate is 4.0%.

$250,001
Median Household Income
$111,798
Per Capita Income
4.0%
Poverty Rate

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Education

In Wellesley, 98.8% of residents age 25+ have a high school diploma or higher, and 89.0% hold a bachelor's degree or higher (56.7% with a graduate or professional degree).

HS Diploma+
98.8%
Bachelor's+
89.0%
Graduate+
56.7%
Education Level % of Adults (25+)
High School Diploma or Higher98.8%
Bachelor's Degree or Higher89.0%
Graduate or Professional Degree56.7%

Housing

The median home value in Wellesley is $1,582,700, above the national median of $303,400. The median monthly rent is $2,886. The homeownership rate is 84.4%.

$1,582,700
Median Home Value
$2,886/mo
Median Rent
84.4%
Homeownership Rate
Housing Metric Value
Median Home Value$1,582,700
Median Monthly Rent$2,886
Homeownership Rate84.4%
Vacancy Rate2.4%

Salaries in Massachusetts

Explore salary data for popular occupations in Massachusetts:

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Other Cities in Massachusetts

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Frequently Asked Questions

What is the population of Wellesley, Massachusetts?
The population of Wellesley, Massachusetts is 30,347 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Wellesley, Massachusetts?
The median household income in Wellesley, Massachusetts is $250,001. This is 210.1% above the national median of $80,610.
What is the median home value in Wellesley, Massachusetts?
The median home value in Wellesley, Massachusetts is $1,582,700. The median monthly rent is $2,886.
What percentage of people in Wellesley have a college degree?
In Wellesley, Massachusetts, 89.0% of adults age 25 and older hold a bachelor's degree or higher, and 98.8% have a high school diploma or higher.
Is Wellesley, Massachusetts an affordable place to live?
The home price-to-income ratio in Wellesley, Massachusetts is 6.3x (median home value $1,582,700 vs. median income $250,001), making it relatively expensive by that measure. A ratio under 4.0 is generally considered affordable.

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