Barnstable Town, Massachusetts Income Statistics
Barnstable 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
Barnstable Town Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Barnstable Town | Massachusetts Avg | US Average |
|---|---|---|---|
| Median Household Income | $93,693 | $104,336 | $80,455 |
| Median Personal Income | $68,451 | $80,230 | $60,758 |
| Average Yearly Income Growth | 5.1% | 4.9% | 4.8% |
| Six-Figure Earners | 16.8% | 20.6% | 13.9% |
| $200k+ Households | 15.4% | 22.3% | 13.2% |
The median household income in Barnstable Town is about 10% lower than in Massachusetts. Income has been growing faster in Barnstable Town (5.1%/yr) than in Massachusetts (4.9%/yr).
About 17% of adults in Barnstable 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 Barnstable Town, Massachusetts grew by 45.0% from 2009 to 2024, reaching $93,693 in 2024. That's an average of about 5.1% per year.
Income Inequality and the Gender Pay Gap in Barnstable Town
| Metric | Barnstable Town | Massachusetts Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.506 | 0.531 | 0.552 |
| Male Median Income | $74,951 | $90,842 | $69,667 |
| Female Median Income | $63,710 | $75,629 | $56,850 |
| Gender Pay Gap | 15.0% | 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 Barnstable Town, it is 0.506, 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 18% more than women's income in Barnstable Town, Massachusetts. Over a 35-year career, a 18% wage gap accumulates to roughly $393,435 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Barnstable Town, Massachusetts has narrowed from about 25% to 15% in 2024. Over that period the gap was narrowest at 13% in 2013. In dollar terms, the gap has narrowed by $1,654 since 2009.
Employment
| Metric | Barnstable Town | Massachusetts Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.1% | 5.1% | 5.2% |
| Working from Home | 12.3% | 18.6% | 15.0% |
| Commute time (minutes) | 18 | 25 | 22 |
Approximately 810 people are unemployed in Barnstable Town, Massachusetts.
The average commute time in Barnstable Town is 18 minutes, shorter than the 25 minutes in Massachusetts.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Barnstable Town, Massachusetts has fallen from 6.8% to 3.1% in 2024. Over that period the rate peaked at 8.5% in 2013 and fell as low as 3.1% in 2022.
Conclusion
Considering all these factors, Barnstable Town, Massachusetts has an overall wealth index grade of B, making it somewhat better than Massachusetts, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Barnstable Town, Massachusetts.
How Rich Is Barnstable Town, Massachusetts?
Barnstable 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 $93,693, about 10% lower than the Massachusetts average of $104,336.
How has median household income changed in Barnstable Town, Massachusetts?
Between 2009 and 2024, the median household income in Barnstable Town, Massachusetts rose 45%, from $64,608 to $93,693. Over the same years, income here lagged behind Massachusetts as a whole: +45% against +61%.
What was the median household income in Barnstable Town in 2023?
In 2023, the median household income in Barnstable Town, Massachusetts was $98,504, up 3% from $95,400 in 2022. The Massachusetts median that year was $101,513.
What was the median household income in Barnstable Town in 2020?
In 2020, the median household income in Barnstable Town, Massachusetts was $77,980. By 2024 it had risen 20% to $93,693.
Is it hard to find a job in Barnstable Town, Massachusetts?
Unemployment in Barnstable Town, Massachusetts is only 3.1%, 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 Barnstable Town, Massachusetts?
The Gini coefficient in Barnstable Town is 0.506. 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 Barnstable Town, Massachusetts?
Since 2009, the income gap between men and women in Barnstable Town, Massachusetts has narrowed from about 25% to 15% in 2024. Over that period the gap was narrowest at 13% in 2013. In dollar terms, the gap has narrowed by $1,654 since 2009.
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