Methuen, Massachusetts Income Statistics
Methuen 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
Methuen Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Methuen | Massachusetts Avg | US Average |
|---|---|---|---|
| Median Household Income | $111,921 | $104,336 | $80,455 |
| Median Personal Income | $67,590 | $80,230 | $60,758 |
| Average Yearly Income Growth | 5.6% | 4.9% | 4.8% |
| Six-Figure Earners | 14.1% | 20.6% | 13.9% |
| $200k+ Households | 17.4% | 22.3% | 13.2% |
The median household income in Methuen is about 7% higher than in Massachusetts. Income has been growing faster in Methuen (5.6%/yr) than in Massachusetts (4.9%/yr).
About 14% of adults in Methuen 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 Methuen, Massachusetts grew by 78.2% from 2009 to 2024, reaching $111,921 in 2024. That's an average of about 5.6% per year.
Income Inequality and the Gender Pay Gap in Methuen
| Metric | Methuen | Massachusetts Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.509 | 0.531 | 0.552 |
| Male Median Income | $79,860 | $90,842 | $69,667 |
| Female Median Income | $65,759 | $75,629 | $56,850 |
| Gender Pay Gap | 17.7% | 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 Methuen, 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 21% more than women's income in Methuen, Massachusetts. Over a 35-year career, a 21% wage gap accumulates to roughly $493,535 in unearned income for female workers in the area.
Income by Sex Over Time
The income gap between men and women in Methuen, Massachusetts has stayed about the same since 2009, at around 18%. Over that period the gap was widest at 21% in 2019, and was narrowest at 14% in 2014. In dollar terms, the gap has widened by $4,276 since 2009.
Employment
| Metric | Methuen | Massachusetts Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.8% | 5.1% | 5.2% |
| Working from Home | 12.2% | 18.6% | 15.0% |
| Commute time (minutes) | 22 | 25 | 22 |
Approximately 1,763 people are unemployed in Methuen, Massachusetts.
The average commute time in Methuen is 22 minutes, shorter than the 25 minutes in Massachusetts.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Methuen, Massachusetts has fallen from 6.4% to 5.8% in 2024. Over that period the rate peaked at 8.0% in 2014.
Methuen, MA Wealth Compared With Nearby Cities
Methuen, MA is the 4th largest of the 5 cities compared here, 53,422 residents against a local median of 78,225. Where Methuen, MA breaks from the cities next to it is median household income, sitting 34% above the local median of $83,485 at $111,921. That is the better end of the local range on this measure.
The cities themselves spread $105,735 on median household income, so Methuen, MA sits at one end of an already wide local range rather than apart from it. Methuen, MA has the 2nd highest median household income 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. |
|---|---|---|---|---|---|
| Methuen, MA | 53,422 | $111,921 #2/5 | 5.6%/yr #4/5 | 5.8% #4/5 | 0.509 #2/5 |
| Lawrence, MA | 88,771 | $60,489 | 6.5%/yr | 8.5% | 0.536 |
| Haverhill, MA | 67,679 | $88,342 | 4.2%/yr | 5.6% | 0.513 |
| Lowell, MA | 118,320 | $78,628 | 6.6%/yr | 5.7% | 0.548 |
| Wilmington, MA | 23,238 | $166,224 | 6.1%/yr | 4.8% | 0.501 |
Conclusion
Considering all these factors, Methuen, 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 Methuen, Massachusetts.
How Rich Is Methuen, Massachusetts?
Methuen 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 $111,921, about 7% higher than the Massachusetts average of $104,336.
How fast is household income rising in Methuen, Massachusetts?
Between 2009 and 2024, the median household income in Methuen, Massachusetts rose 78%, from $62,800 to $111,921. Over the same years, income here outpaced Massachusetts as a whole: +78% against +61%.
What was the median household income in Methuen in 2023?
In 2023, the median household income in Methuen, Massachusetts was $102,134, up 7% from $95,850 in 2022. The Massachusetts median that year was $101,513.
What was the median household income in Methuen in 2020?
In 2020, the median household income in Methuen, Massachusetts was $83,994. By 2024 it had risen 33% to $111,921.
What is the Gini coefficient in Methuen, Massachusetts?
The Gini coefficient in Methuen 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 Methuen, Massachusetts?
The income gap between men and women in Methuen, Massachusetts has stayed about the same since 2009, at around 18%. Over that period the gap was widest at 21% in 2019, and was narrowest at 14% in 2014. In dollar terms, the gap has widened by $4,276 since 2009.
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