Wilmington, Massachusetts Income Statistics
Wilmington 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+
Wilmington Top grade
Source: Map AI Methodology
Income Statistics Overview
| Metric | Wilmington | Massachusetts Avg | US Average |
|---|---|---|---|
| Median Household Income | $166,224 | $104,336 | $80,455 |
| Median Personal Income | $94,180 | $80,230 | $60,758 |
| Average Yearly Income Growth | 6.1% | 4.9% | 4.8% |
| Six-Figure Earners | 27.5% | 20.6% | 13.9% |
| $200k+ Households | 40.4% | 22.3% | 13.2% |
The median household income in Wilmington is about 59% higher than in Massachusetts. Income has been growing faster in Wilmington (6.1%/yr) than in Massachusetts (4.9%/yr).
About 27% of adults in Wilmington 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 Wilmington, Massachusetts grew by 78.1% from 2009 to 2024, reaching $166,224 in 2024. That's an average of about 6.1% per year.
Income Inequality and the Gender Pay Gap in Wilmington
| Metric | Wilmington | Massachusetts Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.501 | 0.531 | 0.552 |
| Male Median Income | $107,643 | $90,842 | $69,667 |
| Female Median Income | $90,484 | $75,629 | $56,850 |
| Gender Pay Gap | 15.9% | 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 Wilmington, it is 0.501, 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 19% more than women's income in Wilmington, Massachusetts. Over a 35-year career, a 19% wage gap accumulates to roughly $600,565 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Wilmington, Massachusetts has narrowed from about 19% to 16% in 2024. Over that period the gap was widest at 32% in 2019, and was narrowest at 13% in 2023. In dollar terms, the gap has widened by $4,967 since 2009.
Employment
| Metric | Wilmington | Massachusetts Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.8% | 5.1% | 5.2% |
| Working from Home | 19.7% | 18.6% | 15.0% |
| Commute time (minutes) | 25 | 25 | 22 |
Approximately 651 people are unemployed in Wilmington, Massachusetts.
The average commute time in Wilmington is 25 minutes, about the same as in Massachusetts.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Wilmington, Massachusetts has fallen from 5.8% to 4.8% in 2024. Over that period the rate peaked at 7.2% in 2014 and fell as low as 3.2% in 2019.
Wilmington, MA Wealth Compared With Nearby Cities
Wilmington, MA is typical in size for this group, 23,238 residents against a local median of 26,309, so the measures below are close to a like for like comparison. The measure that sets Wilmington, MA apart most is income growth: 6.1%/yr, 20% above the local median of 5.1%/yr. That is the better end of the local range on this measure.
The cities themselves spread 1.9%/yr on income growth, so Wilmington, MA sits at one end of an already wide local range rather than apart from it. Wilmington, MA has the highest income growth of the 4 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. |
|---|---|---|---|---|---|
| Wilmington, MA | 23,238 | $166,224 #1/4 | 6.1%/yr #1/4 | 4.8% #3/4 | 0.501 #3/4 |
| Reading, MA | 25,603 | $163,864 | 5.1%/yr | 3.3% | 0.469 |
| Burlington, MA | 26,309 | $147,216 | 5.9%/yr | 4.4% | 0.492 |
| Woburn, MA | 41,946 | $112,968 | 3.9%/yr | 7.9% | 0.506 |
Conclusion
Considering all these factors, Wilmington, Massachusetts has an overall wealth index grade of A+, making it somewhat better than Massachusetts, and far better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Wilmington, Massachusetts.
How Rich Is Wilmington, Massachusetts?
Wilmington 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 it is one of the most prosperous areas in the country. The median household income is $166,224, about 59% higher than the Massachusetts average of $104,336.
How has median household income changed in Wilmington, Massachusetts?
Between 2009 and 2024, the median household income in Wilmington, Massachusetts rose 78%, from $93,339 to $166,224. Over the same years, income here outpaced Massachusetts as a whole: +78% against +61%.
What was the median household income in Wilmington in 2023?
In 2023, the median household income in Wilmington, Massachusetts was $162,467, up 7% from $151,471 in 2022. The Massachusetts median that year was $101,513.
What was the median household income in Wilmington in 2020?
In 2020, the median household income in Wilmington, Massachusetts was $134,150. By 2024 it had risen 24% to $166,224.
How many people earn six figures in Wilmington, Massachusetts?
Yes. 27% of adults in Wilmington, Massachusetts earn $100,000 or more a year (about 1 in 4), against 21% (about 1 in 5) in Massachusetts. 40% of households have a combined income of $200,000 or more, compared with 22% in Massachusetts.
What is the Gini coefficient in Wilmington, Massachusetts?
The Gini coefficient in Wilmington is 0.501. 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 Wilmington, Massachusetts?
Since 2009, the income gap between men and women in Wilmington, Massachusetts has narrowed from about 19% to 16% in 2024. Over that period the gap was widest at 32% in 2019, and was narrowest at 13% in 2023. In dollar terms, the gap has widened by $4,967 since 2009.
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