Agawam Town, Massachusetts Income Statistics
Agawam Town Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.
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B
Agawam Town Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Agawam Town | Massachusetts Avg | US Average |
|---|---|---|---|
| Median Household Income | $85,131 | $104,336 | $80,455 |
| Median Personal Income | $69,558 | $80,230 | $60,758 |
| Average Yearly Income Growth | 4.5% | 4.9% | 4.8% |
| Six-Figure Earners | 14.1% | 20.6% | 13.9% |
| $200k+ Households | 11.2% | 22.3% | 13.2% |
The median household income in Agawam Town is about 18% lower than in Massachusetts. Income has been growing slower in Agawam Town (4.5%/yr) than in Massachusetts (4.9%/yr).
About 14% of adults in Agawam Town earn six figures ($100,000 or more) a year, lower than the Massachusetts average of 21%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Agawam Town, Massachusetts grew by 37.4% from 2009 to 2024, reaching $85,131 in 2024. That's an average of about 4.5% per year.
Income Inequality and the Gender Pay Gap in Agawam Town
| Metric | Agawam Town | Massachusetts Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.509 | 0.531 | 0.552 |
| Male Median Income | $76,014 | $90,842 | $69,667 |
| Female Median Income | $72,208 | $75,629 | $56,850 |
| Gender Pay Gap | 5.0% | 16.7% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Agawam Town, it is 0.509, lower than Massachusetts's 0.531, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 5% more than women's income in Agawam Town, Massachusetts. Over a 35-year career, a 5% wage gap accumulates to roughly $133,210 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Agawam Town, Massachusetts has narrowed from about 23% to 5% in 2024. Over that period the gap was widest at 23% in 2011, and was narrowest at 2% in 2023. In dollar terms, the gap has narrowed by $8,462 since 2009.
Employment
| Metric | Agawam Town | Massachusetts Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.0% | 5.1% | 5.2% |
| Working from Home | 11.0% | 18.6% | 15.0% |
| Commute time (minutes) | 20 | 25 | 22 |
Approximately 597 people are unemployed in Agawam Town, Massachusetts.
The average commute time in Agawam Town is 20 minutes, shorter than the 25 minutes in Massachusetts.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Agawam Town, Massachusetts has fallen from 5.8% to 4.0% in 2024. Over that period the rate peaked at 7.1% in 2013 and fell as low as 3.5% in 2019.
Agawam Town, MA Wealth Compared With Nearby Cities
How Agawam Town, MA compares with the 1 cities closest to it.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| Agawam Town, MA | 28,525 | $85,131 #1/2 | 4.5%/yr #1/2 | 4.0% #1/2 | 0.509 #1/2 |
| West Springfield Town, MA | 28,772 | $68,973 | 4.1%/yr | 5.9% | 0.515 |
Conclusion
Considering all these factors, Agawam Town, Massachusetts has an overall wealth index grade of B, making it about on par with Massachusetts, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Agawam Town, Massachusetts.
How Wealthy Is Agawam Town, Massachusetts?
Agawam Town has a wealth index grade of B. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a B grade means residents are quite well off compared to the U.S. average. The median household income is $85,131, about 18% lower than the Massachusetts average of $104,336.
How has median household income changed in Agawam Town, Massachusetts?
Between 2009 and 2024, the median household income in Agawam Town, Massachusetts rose 37%, from $61,977 to $85,131. Over the same years, income here lagged behind Massachusetts as a whole: +37% against +61%.
What was the median household income in Agawam Town in 2023?
In 2023, the median household income in Agawam Town, Massachusetts was $82,678, down 1% from $83,156 in 2022. The Massachusetts median that year was $101,513.
What was the median household income in Agawam Town in 2020?
In 2020, the median household income in Agawam Town, Massachusetts was $72,543. By 2024 it had risen 17% to $85,131.
Is unemployment high in Agawam Town, Massachusetts?
Unemployment in Agawam Town, Massachusetts is only 4.0%, well below the Massachusetts rate of 5.1%, a sign of a tight labor market where employers compete for workers.
What is the Gini coefficient in Agawam Town, Massachusetts?
The Gini coefficient in Agawam Town is 0.509. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Agawam Town, Massachusetts?
Since 2009, the income gap between men and women in Agawam Town, Massachusetts has narrowed from about 23% to 5% in 2024. Over that period the gap was widest at 23% in 2011, and was narrowest at 2% in 2023. In dollar terms, the gap has narrowed by $8,462 since 2009.
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