Wealthiest towns in Massachusetts

10 Wealthiest Towns in Massachusetts

Massachusetts is home to some of the wealthiest Americans in the country including self-made billionaire Jim Davis (New Balance). Here are the top 10 wealthiest towns in MassachusettsThe information presented in this article are based on data from the US Census American Community Survey.

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Wealthiest Towns in Massachusetts

What are the 10 Wealthiest Towns in Massachusetts?

Below is a list of the top 10 wealthiest towns in Massachusetts.

1. Dover, MA

Dover is one of the wealthiest towns in Massachusetts. Located in Norfolk county, Dover has a population of 5,923. 

Home to some of the most affluent residents of Massachusetts, Dover has a median household income of over $250,000. 

The median home value in Dover is $1,008,600. The homes in Dover are primarily owner-occupied with 93.5% owner-occupied and only 6.5% rentals. 

Dover residents are well educated with 84.8% of residents having obtained a bachelor’s degree or higher. Dover residents live a good work-life balance with an average commute time of 37 minutes.

Median Household Income$250,000+
Bachelor’s Degree or Higher84.8%
Median Home Value$1,008,600
Dover, MA Town Profile

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2. Weston, MA

Weston is one of the wealthiest towns in Massachusetts. Located in Middlesex county, Weston has a population of 11,851. 

Home to some of the most affluent residents of Massachusetts, Weston has a median household income of $207,702. 

The median home value in Weston is $1,312,300. The homes in Weston are primarily owner-occupied with 85.8% owner-occupied and only 14.2% rentals. 

Weston residents are well educated with 82.8% of residents having obtained a bachelor’s degree or higher. Weston residents live a good work-life balance with an average commute time of 29 minutes.

Median Household Income$207,702
Bachelor’s Degree or Higher82.8%
Median Home Value$1,312,300
Weston, MA Town Profile

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3. Wellesley, MA

Wellesley is one of the wealthiest towns in Massachusetts. Located in Norfolk county, Wellesley has a population of 29,550. 

Home to some of the most affluent residents of Massachusetts, Wellesley has a median household income of $197,132. 

The median home value in Wellesley is $1,149,100. The homes in Wellesley are primarily owner-occupied with 80.9% owner-occupied and only 19.1% rentals. 

Wellesley residents are well educated with 83.8% of residents having obtained a bachelor’s degree or higher. Wellesley residents live a good work-life balance with an average commute time of 31 minutes.

Median Household Income$197,132
Bachelor’s Degree or Higher83.8%
Median Home Value$1,149,100
Wellesley, MA Town Profile

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4. Carlisle, MA

Carlisle is one of the wealthiest towns in Massachusetts. Located in Middlesex county, Carlisle has a population of 5,237. 

Home to some of the most affluent residents of Massachusetts, Carlisle has a median household income of $195,889. 

The median home value in Carlisle is $845,100. The homes in Carlisle are primarily owner-occupied with 94.6% owner-occupied and only 5.4% rentals. 

Carlisle residents are well educated with 82.2% of residents having obtained a bachelor’s degree or higher. Carlisle residents live a good work-life balance with an average commute time of 36 minutes.

Median Household Income$195,889
Bachelor’s Degree or Higher82.2%
Median Home Value$845,100
Carlisle, MA Town Profile

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5. Sudbury, MA

Sudbury is one of the wealthiest towns in Massachusetts. Located in Middlesex county, Sudbury has a population of 18,934. 

Home to some of the most affluent residents of Massachusetts, Sudbury has a median household income of $191,310. 

The median home value in Sudbury is $720,800. The homes in Sudbury are primarily owner-occupied with 91.6% owner-occupied and only 8.4% rentals. 

Sudbury residents are well educated with 80.5% of residents having obtained a bachelor’s degree or higher. Sudbury residents live a good work-life balance with an average commute time of 36 minutes.

Median Household Income$191,310
Bachelor’s Degree or Higher80.5%
Median Home Value$720,800
Sudbury, MA Town Profile

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6. Lexington, MA

Lexington is one of the wealthiest towns in Massachusetts. Located in Middlesex county, Lexington has a population of 34,454. 

Home to some of the most affluent residents of Massachusetts, Lexington has a median household income of $186,201. 

The median home value in Lexington is $889,700. The homes in Lexington are primarily owner-occupied with 81.7% owner-occupied and only 18.3% rentals. 

Lexington residents are well educated with 84.7% of residents having obtained a bachelor’s degree or higher. Lexington residents live a good work-life balance with an average commute time of 32 minutes.

Median Household Income$186,201
Bachelor’s Degree or Higher84.7%
Median Home Value$889,700
Lexington, MA Town Profile

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7. Wayland, MA

Wayland is one of the wealthiest towns in Massachusetts. Located in Middlesex county, Wayland has a population of 13,943. 

Home to some of the most affluent residents of Massachusetts, Wayland has a median household income of $185,375. 

The median home value in Wayland is $711,500. The homes in Wayland are primarily owner-occupied with 91.4% owner-occupied and only 8.6% rentals. 

Wayland residents are well educated with 80.7% of residents having obtained a bachelor’s degree or higher. Wayland residents live a good work-life balance with an average commute time of 35 minutes.

Median Household Income$185,375
Bachelor’s Degree or Higher80.7%
Median Home Value$711,500
Wayland, MA Town Profiel

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8. Boxford, MA

Boxford is one of the wealthiest towns in Massachusetts. Located in Essex county, Boxford has a population of 8,203. 

Home to some of the most affluent residents of Massachusetts, Boxford has a median household income of $184,007. 

The median home value in Boxford is $678,700. The homes in Boxford are primarily owner-occupied with 97.7% owner-occupied and only 2.3% rentals. 

Boxford residents are well educated with 68.1% of residents having obtained a bachelor’s degree or higher. Boxford residents live a good work-life balance with an average commute time of 40 minutes.

Median Household Income$184,007
Bachelor’s Degree or Higher68.1%
Median Home Value$678,700
Boxford, MA Town Profile

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9. Bolton, MA

Bolton is one of the wealthiest towns in Massachusetts. Located in Worcester county, Bolton has a population of 5,665. 

Home to some of the most affluent residents of Massachusetts, Bolton has a median household income of $173,024. 

The median home value in Bolton is $547,700. The homes in Bolton are primarily owner-occupied with 93.5% owner-occupied and only 6.5% rentals. 

Bolton residents are well educated with 68.9% of residents having obtained a bachelor’s degree or higher. Bolton residents live a good work-life balance with an average commute time of 37 minutes.

Median Household Income$173,024
Bachelor’s Degree or Higher68.9%
Median Home Value$547,700
Bolton, MA Town Profile

Want to learn more about Bolton? Bolton Profile Page with Infographic

10. Winchester, MA

Winchester is one of the wealthiest towns in Massachusetts. Located in Middlesex county, Winchester has a population of 22,970. 

Home to some of the most affluent residents of Massachusetts, Winchester has a median household income of $169,623. 

The median home value in Winchester is $943,800. The homes in Winchester are primarily owner-occupied with 86.4% owner-occupied and only 13.6% rentals. 

Winchester residents are well educated with 77.3% of residents having obtained a bachelor’s degree or higher. Winchester residents live a good work-life balance with an average commute time of 34 minutes.

Median Household Income$169,623
Bachelor’s Degree or Higher77.3%
Median Home Value$943,800
Winchester, MA Town Profile

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