A Massachusetts resident can make $213,000 annually but still qualify as “middle-class” in 2024.
A new census report revealed the median income in all states, and Massachusetts is now one of only four states with a six-figure median income. Massachusetts and Utah are new to the six-figure club this year, joining Maryland and Washington D.C.
According to the U.S. Census data, these are the most recent findings on median household income in Massachusetts:
- The median household income in Massachusetts is $106,500
- Massachusetts is the only Northeast state to earn a 6-figure median income
- This makes Massachusetts the highest earning state, outperforming New York, Florida and California
- 1 in 5 Massachusetts households earn over $200,000 annually
- Nearly 27% of Massachusetts households earn below $50,000
While Massachusetts had the highest earnings, predicted due to the large number of tech and medical companies in the region, most of New England was among the top national averages for median household income:
- Massachusetts: $106,500
- New Hampshire: $98,780
- Connecticut: $92,240
- Vermont: $85,190
- Rhode Island: $81,860
- Maine: $75,740
The middle class income range in Massachusetts ranged from $71,000 to $213,000. While the income in Massachusetts may be rising, it’s proportionate with the rising cost of living in the state, which has continually ranked among the most expensive in America, and the world.