Economy & Jobs — Needham, Massachusetts

Income & Employment

Median Household Income (Census)$214,308
Estimated 2026~$241,900
Per Capita Income$100,288
Poverty Rate3.7%
Unemployment Rate4.4%
In Labor Force16,401

Top Industries

IndustryShare
Education Healthcare30.6%
Professional22.5%
Finance Insurance12.5%

Local Businesses (County)

TypeCount
Full Service Restaurants655
Law Offices535
Fast Food524
Dental Offices453
Physician Offices390
Child Day Care335
Beauty Salons329
Insurance Agencies318
Coffee Shops270
Real Estate Offices268
Accounting Firms206
Auto Repair190
Commercial Banks184
Fitness Centers181
Convenience Stores142
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.