Quincy, Massachusetts Income Statistics
Quincy 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
Quincy Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Quincy | Massachusetts Avg | US Average |
|---|---|---|---|
| Median Household Income | $98,855 | $104,336 | $80,455 |
| Median Personal Income | $76,457 | $80,230 | $60,758 |
| Average Yearly Income Growth | 5.1% | 4.9% | 4.8% |
| Six-Figure Earners | 20.1% | 20.6% | 13.9% |
| $200k+ Households | 16.8% | 22.3% | 13.2% |
The median household income in Quincy is about 5% lower than in Massachusetts. Income has been growing faster in Quincy (5.1%/yr) than in Massachusetts (4.9%/yr).
About 20% of adults in Quincy 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 Quincy, Massachusetts grew by 64.2% from 2009 to 2024, reaching $98,855 in 2024. That's an average of about 5.1% per year.
Income Inequality and the Gender Pay Gap in Quincy
| Metric | Quincy | Massachusetts Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.523 | 0.531 | 0.552 |
| Male Median Income | $86,377 | $90,842 | $69,667 |
| Female Median Income | $76,763 | $75,629 | $56,850 |
| Gender Pay Gap | 11.1% | 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 Quincy, it is 0.523, 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 13% more than women's income in Quincy, Massachusetts. Over a 35-year career, a 13% wage gap accumulates to roughly $336,490 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Quincy, Massachusetts has narrowed from about 16% to 11% in 2024. Over that period the gap was narrowest at 4% in 2019. In dollar terms, the gap has widened by $1,124 since 2009.
Employment
| Metric | Quincy | Massachusetts Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 6.9% | 5.1% | 5.2% |
| Working from Home | 21.2% | 18.6% | 15.0% |
| Commute time (minutes) | 32 | 25 | 22 |
Approximately 4,383 people are unemployed in Quincy, Massachusetts.
The average commute time in Quincy is 32 minutes, longer than the 25 minutes in Massachusetts.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Quincy, Massachusetts has fallen from 8.9% to 6.9% in 2024. Over that period the rate peaked at 10.2% in 2013 and fell as low as 5.1% in 2019.
Quincy, MA Wealth Compared With Nearby Cities
Quincy, MA is the 2nd largest of the 6 cities compared here, 102,031 residents against a local median of 38,939. Where Quincy, MA breaks from the cities next to it is unemployment, sitting 43% above the local median of 4.9% at 6.9%. That is the weaker end of the local range on this measure.
The cities themselves spread 3.7% on unemployment, so Quincy, MA sits at one end of an already wide local range rather than apart from it. Quincy, MA has the 5th lowest unemployment of the 6 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. |
|---|---|---|---|---|---|
| Quincy, MA | 102,031 | $98,855 #5/6 | 5.1%/yr #4/6 | 6.9% #5/6 | 0.523 #3/6 |
| Braintree Town, MA | 38,939 | $123,276 | 4.6%/yr | 4.0% | 0.505 |
| Boston, MA | 660,627 | $97,421 | 6.5%/yr | 6.1% | 0.550 |
| Milton, MA | 28,602 | $183,505 | 5.4%/yr | 4.8% | 0.533 |
| 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 |
Conclusion
Considering all these factors, Quincy, 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 Quincy, Massachusetts.
How Rich Is Quincy, Massachusetts?
Quincy 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 $98,855, about 5% lower than the Massachusetts average of $104,336.
Are incomes growing in Quincy, Massachusetts?
Between 2009 and 2024, the median household income in Quincy, Massachusetts rose 64%, from $60,205 to $98,855. Over the same years, income here outpaced Massachusetts as a whole: +64% against +61%.
What was the median household income in Quincy in 2023?
In 2023, the median household income in Quincy, Massachusetts was $95,938, up 6% from $90,837 in 2022. The Massachusetts median that year was $101,513.
What was the median household income in Quincy in 2020?
In 2020, the median household income in Quincy, Massachusetts was $80,015. By 2024 it had risen 24% to $98,855.
Is unemployment high in Quincy, Massachusetts?
Unemployment in Quincy, Massachusetts is 6.9%, well above the Massachusetts rate of 5.1%, so job seekers may face more competition than elsewhere.
What is the Gini coefficient in Quincy, Massachusetts?
The Gini coefficient in Quincy is 0.523. 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 Quincy, Massachusetts?
Since 2009, the income gap between men and women in Quincy, Massachusetts has narrowed from about 16% to 11% in 2024. Over that period the gap was narrowest at 4% in 2019. In dollar terms, the gap has widened by $1,124 since 2009.
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