Braintree Town, Massachusetts Income Statistics
Braintree 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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A
Braintree Town Above average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Braintree Town | Massachusetts Avg | US Average |
|---|---|---|---|
| Median Household Income | $123,276 | $104,336 | $80,455 |
| Median Personal Income | $88,063 | $80,230 | $60,758 |
| Average Yearly Income Growth | 4.6% | 4.9% | 4.8% |
| Six-Figure Earners | 23.8% | 20.6% | 13.9% |
| $200k+ Households | 27.9% | 22.3% | 13.2% |
The median household income in Braintree Town is about 18% higher than in Massachusetts. Income has been growing slower in Braintree Town (4.6%/yr) than in Massachusetts (4.9%/yr).
About 24% of adults in Braintree Town earn six figures ($100,000 or more) a year, higher than the Massachusetts average of 21%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Braintree Town, Massachusetts grew by 57.8% from 2009 to 2024, reaching $123,276 in 2024. That's an average of about 4.6% per year.
Income Inequality and the Gender Pay Gap in Braintree Town
| Metric | Braintree Town | Massachusetts Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.505 | 0.531 | 0.552 |
| Male Median Income | $95,874 | $90,842 | $69,667 |
| Female Median Income | $85,931 | $75,629 | $56,850 |
| Gender Pay Gap | 10.4% | 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 Braintree Town, it is 0.505, 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 12% more than women's income in Braintree Town, Massachusetts. Over a 35-year career, a 12% wage gap accumulates to roughly $348,005 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Braintree Town, Massachusetts has narrowed from about 22% to 10% in 2024. Over that period the gap was widest at 24% in 2011. In dollar terms, the gap has narrowed by $4,932 since 2009.
Employment
| Metric | Braintree Town | Massachusetts Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.0% | 5.1% | 5.2% |
| Working from Home | 18.2% | 18.6% | 15.0% |
| Commute time (minutes) | 30 | 25 | 22 |
Approximately 889 people are unemployed in Braintree Town, Massachusetts.
The average commute time in Braintree Town is 30 minutes, longer than the 25 minutes in Massachusetts.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Braintree Town, Massachusetts has fallen from 7.5% to 4.0% in 2024. Over that period the rate peaked at 8.3% in 2014 and fell as low as 3.2% in 2021.
Braintree Town, MA Wealth Compared With Nearby Cities
Braintree Town, MA is the 3rd largest of the 5 cities compared here, 38,939 residents against a local median of 46,694. The measure that sets Braintree Town, MA apart most is unemployment: 4.0%, 32% below the local median of 5.9%. That is the better end of the local range on this measure.
Median household income tells the same story from another angle: $123,276 against a local median of $105,586, 17% above it. Every measure here with a clear better direction points the same way, so Braintree Town, MA is not trading one advantage for another, it reads stronger than its neighbours across the board. The cities themselves spread 2.9% on unemployment, so Braintree Town, MA sits at one end of an already wide local range rather than apart from it. Braintree Town, MA has the lowest unemployment of the 5 areas compared here.
| 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. |
|---|---|---|---|---|---|
| Braintree Town, MA | 38,939 | $123,276 #2/5 | 4.6%/yr #5/5 | 4.0% #1/5 | 0.505 #2/5 |
| Weymouth Town, MA | 58,503 | $103,462 | 5.1%/yr | 4.9% | 0.497 |
| Randolph Town, MA | 34,885 | $107,711 | 6.4%/yr | 7.7% | 0.527 |
| Quincy, MA | 102,031 | $98,855 | 5.1%/yr | 6.9% | 0.523 |
| Milton, MA | 28,602 | $183,505 | 5.4%/yr | 4.8% | 0.533 |
Conclusion
Considering all these factors, Braintree Town, Massachusetts has an overall wealth index grade of A, making it somewhat better than Massachusetts, and notably better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Braintree Town, Massachusetts.
How Rich Is Braintree Town, Massachusetts?
Braintree Town has a wealth index grade of A. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; an A grade means residents are much better off than the U.S. average. The median household income is $123,276, about 18% higher than the Massachusetts average of $104,336.
How fast is household income rising in Braintree Town, Massachusetts?
Between 2009 and 2024, the median household income in Braintree Town, Massachusetts rose 58%, from $78,097 to $123,276. Over the same years, income here lagged behind Massachusetts as a whole: +58% against +61%.
What was the median household income in Braintree Town in 2023?
In 2023, the median household income in Braintree Town, Massachusetts was $125,371, up 3% from $121,318 in 2022. The Massachusetts median that year was $101,513.
What was the median household income in Braintree Town in 2020?
In 2020, the median household income in Braintree Town, Massachusetts was $103,012. By 2024 it had risen 20% to $123,276.
How strong is the job market in Braintree Town, Massachusetts?
Unemployment in Braintree 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 Braintree Town, Massachusetts?
The Gini coefficient in Braintree Town is 0.505. 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 Braintree Town, Massachusetts?
Since 2009, the income gap between men and women in Braintree Town, Massachusetts has narrowed from about 22% to 10% in 2024. Over that period the gap was widest at 24% in 2011. In dollar terms, the gap has narrowed by $4,932 since 2009.
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