Somerville, Massachusetts Income Statistics
Somerville 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
Somerville Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Somerville | Massachusetts Avg | US Average |
|---|---|---|---|
| Median Household Income | $132,942 | $104,336 | $80,455 |
| Median Personal Income | $85,081 | $80,230 | $60,758 |
| Average Yearly Income Growth | 6.6% | 4.9% | 4.8% |
| Six-Figure Earners | 27.2% | 20.6% | 13.9% |
| $200k+ Households | 30.3% | 22.3% | 13.2% |
The median household income in Somerville is about 27% higher than in Massachusetts. Income has been growing faster in Somerville (6.6%/yr) than in Massachusetts (4.9%/yr).
About 27% of adults in Somerville 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 Somerville, Massachusetts grew by 110.7% from 2009 to 2024, reaching $132,942 in 2024. That's an average of about 6.6% per year.
Income Inequality and the Gender Pay Gap in Somerville
| Metric | Somerville | Massachusetts Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.470 | 0.531 | 0.552 |
| Male Median Income | $97,525 | $90,842 | $69,667 |
| Female Median Income | $83,399 | $75,629 | $56,850 |
| Gender Pay Gap | 14.5% | 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 Somerville, it is 0.470, 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 17% more than women's income in Somerville, Massachusetts. Over a 35-year career, a 17% wage gap accumulates to roughly $494,410 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Somerville, Massachusetts has widened from about 7% to 14% in 2024. Over that period the gap was widest at 21% in 2020, and was narrowest at 5% in 2013. In dollar terms, the gap has widened by $10,749 since 2009.
Sharply against the trend: the pay gap in Somerville widened by 7.1 points while Massachusetts's narrowed by 5.5 points.
Employment
| Metric | Somerville | Massachusetts Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.0% | 5.1% | 5.2% |
| Working from Home | 31.4% | 18.6% | 15.0% |
| Commute time (minutes) | 31 | 25 | 22 |
Approximately 1,735 people are unemployed in Somerville, Massachusetts.
The average commute time in Somerville is 31 minutes, longer than the 25 minutes in Massachusetts.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Somerville, Massachusetts has fallen from 6.5% to 3.0% in 2024. Over that period the rate peaked at 7.1% in 2012 and fell as low as 2.8% in 2022.
Somerville, MA Wealth Compared With Nearby Cities
Somerville, MA is the 2nd largest of the 6 cities compared here, 81,027 residents against a local median of 59,237. Where Somerville, MA breaks from the cities next to it is unemployment, sitting 31% below the local median of 4.3% at 3.0%. That is the better end of the local range on this measure.
The cities themselves spread 2.6% on unemployment, so Somerville, MA sits at one end of an already wide local range rather than apart from it. Somerville, MA has the 2nd 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. |
|---|---|---|---|---|---|
| Somerville, MA | 81,027 | $132,942 #2/6 | 6.6%/yr #2/6 | 3.0% #2/6 | 0.470 #2/6 |
| Cambridge, MA | 117,266 | $131,513 | 5.8%/yr | 3.4% | 0.521 |
| Medford, MA | 59,237 | $130,524 | 6.4%/yr | 4.3% | 0.507 |
| Everett, MA | 49,993 | $85,158 | 6.0%/yr | 5.5% | 0.533 |
| Malden, MA | 66,048 | $100,648 | 6.7%/yr | 5.4% | 0.524 |
| Arlington, MA | 46,270 | $151,416 | 5.5%/yr | 2.9% | 0.450 |
Conclusion
Considering all these factors, Somerville, 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 Somerville, Massachusetts.
How Rich Is Somerville, Massachusetts?
Somerville 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 $132,942, about 27% higher than the Massachusetts average of $104,336.
How fast is household income rising in Somerville, Massachusetts?
Between 2009 and 2024, the median household income in Somerville, Massachusetts rose 111%, from $63,092 to $132,942. Over the same years, income here outpaced Massachusetts as a whole: +111% against +61%.
What was the median household income in Somerville in 2023?
In 2023, the median household income in Somerville, Massachusetts was $128,147, up 7% from $120,223 in 2022. The Massachusetts median that year was $101,513.
What was the median household income in Somerville in 2020?
In 2020, the median household income in Somerville, Massachusetts was $103,882. By 2024 it had risen 28% to $132,942.
Do many residents of Somerville, Massachusetts earn over $100,000?
Yes. 27% of adults in Somerville, Massachusetts earn $100,000 or more a year (about 1 in 4), against 21% (about 1 in 5) in Massachusetts. 30% of households have a combined income of $200,000 or more, compared with 22% in Massachusetts.
How strong is the job market in Somerville, Massachusetts?
Unemployment in Somerville, Massachusetts is only 3.0%, 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 Somerville, Massachusetts?
The Gini coefficient in Somerville is 0.470. 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 Somerville, Massachusetts?
Since 2009, the income gap between men and women in Somerville, Massachusetts has widened from about 7% to 14% in 2024. Over that period the gap was widest at 21% in 2020, and was narrowest at 5% in 2013. In dollar terms, the gap has widened by $10,749 since 2009.
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