Fitchburg, Massachusetts Income Statistics

Fitchburg 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.

  • C
    Fitchburg Below average

Source: Map AI Methodology

Income Statistics Overview

See income data visualized

Metric Fitchburg Massachusetts Avg US Average
Median Household Income $72,652 $104,336 $80,455
Median Personal Income $58,639 $80,230 $60,758
Average Yearly Income Growth 4.7% 4.9% 4.8%
Six-Figure Earners 9.0% 20.6% 13.9%
$200k+ Households 7.9% 22.3% 13.2%

The median household income in Fitchburg is about 30% lower than in Massachusetts. Income has been growing slower in Fitchburg (4.7%/yr) than in Massachusetts (4.9%/yr).

About 9% of adults in Fitchburg 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

Fitchburg
United States

Median household income in Fitchburg, Massachusetts grew by 54.4% from 2009 to 2024, reaching $72,652 in 2024. That's an average of about 4.7% per year.

Year Fitchburg United States

Income Inequality and the Gender Pay Gap in Fitchburg

Metric Fitchburg Massachusetts Avg US Average
Gini Coefficient 0.521 0.531 0.552
Male Median Income $66,378 $90,842 $69,667
Female Median Income $59,101 $75,629 $56,850
Gender Pay Gap 11.0% 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 Fitchburg, it is 0.521, 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 Fitchburg, Massachusetts. Over a 35-year career, a 12% wage gap accumulates to roughly $254,695 in unearned income for female workers in the area.

Income by Sex Over Time

Male
Female

Since 2009, the income gap between men and women in Fitchburg, Massachusetts has narrowed from about 19% to 11% in 2024. Over that period the gap was widest at 21% in 2014, and was narrowest at 7% in 2019. In dollar terms, the gap has narrowed by $1,582 since 2009.

Year Male Income Female Income Gap %

Employment

Metric Fitchburg Massachusetts Avg US Average
Unemployment Rate 6.7% 5.1% 5.2%
Working from Home 10.3% 18.6% 15.0%
Commute time (minutes) 21 25 22

Approximately 1,528 people are unemployed in Fitchburg, Massachusetts.

The average commute time in Fitchburg is 21 minutes, shorter than the 25 minutes in Massachusetts.

Unemployment Rate Over Time

Fitchburg
United States

Since 2011, the unemployment rate in Fitchburg, Massachusetts has fallen from 11.0% to 6.7% in 2024. Over that period the rate peaked at 12.9% in 2013.

Year Fitchburg United States

Fitchburg, MA Wealth Compared With Nearby Cities

How Fitchburg, 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.
Fitchburg, MA 41,780 $72,652 #2/2 4.7%/yr #2/2 6.7% #2/2 0.521 #2/2
Leominster, MA 43,909 $83,861 5.2%/yr 6.2% 0.507

Conclusion

Considering all these factors, Fitchburg, Massachusetts has an overall wealth index grade of C, making it somewhat worse than Massachusetts, and about on par with the country as a whole.

Frequently Asked Questions

Common questions about income and wealth in Fitchburg, Massachusetts.

How Rich Is Fitchburg, Massachusetts?

Fitchburg has a wealth index grade of C. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a C grade means residents are close to the U.S. average. The median household income is $72,652, about 30% lower than the Massachusetts average of $104,336.

How fast is household income rising in Fitchburg, Massachusetts?

Between 2009 and 2024, the median household income in Fitchburg, Massachusetts rose 54%, from $47,065 to $72,652. Over the same years, income here lagged behind Massachusetts as a whole: +54% against +61%.

What was the median household income in Fitchburg in 2023?

In 2023, the median household income in Fitchburg, Massachusetts was $71,422, up 7% from $67,052 in 2022. The Massachusetts median that year was $101,513.

What was the median household income in Fitchburg in 2020?

In 2020, the median household income in Fitchburg, Massachusetts was $56,312. By 2024 it had risen 29% to $72,652.

Is unemployment high in Fitchburg, Massachusetts?

Unemployment in Fitchburg, Massachusetts is 6.7%, well above the Massachusetts rate of 5.1%, so job seekers may face more competition than elsewhere.

What is the Gini coefficient in Fitchburg, Massachusetts?

The Gini coefficient in Fitchburg is 0.521. 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 Fitchburg, Massachusetts?

Since 2009, the income gap between men and women in Fitchburg, Massachusetts has narrowed from about 19% to 11% in 2024. Over that period the gap was widest at 21% in 2014, and was narrowest at 7% in 2019. In dollar terms, the gap has narrowed by $1,582 since 2009.

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