Needham is a city in Massachusetts state in USA with a population of 31177 residents.. The poverty rate of Needham is 2.4%, which is 83% lower than national average. The typical household in Needham earns $174707 a year, compared to the national median of $67,500. Nearly 15.1% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Needham, only 97% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Needham remained 4.4%, which is 6% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Needham, only 78% of adults have a bachelor's degree and 11% have some college but no degree.

Cost of living in Needham is 180, which is 80% higher than national average. Median home value in Needham is $900200 , which is 292% higher than national average. While median income in Needham remained $174707, which is 159% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.